T-Mobile US, Inc. $TMUS Shares Sold by Integrated Investment Consultants LLC

Key Points

• Integrated Investment Consultants LLC has reduced its stake in T-Mobile US by 99.7%, selling 260,076 shares, resulting in ownership of only 847 shares valued at $226,000.
• Analysts have set new price targets for T-Mobile US, with a consensus target price of $256.31, reflecting diverse ratings from "Strong Buy" to "Sell."
• T-Mobile US has declared a quarterly dividend of $0.88 per share, with a payout ratio of 33.21%, set to be paid on September 11th to stockholders of record by August 29th.

Integrated Investment Consultants LLC lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 99.7% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 847 shares of the Wireless communications provider's stock after selling 260,076 shares during the quarter. Integrated Investment Consultants LLC's holdings in T-Mobile US were worth $226,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of TMUS. Ancora Advisors LLC increased its position in shares of T-Mobile US by 16.6% during the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after acquiring an additional 37 shares during the last quarter. Snowden Capital Advisors LLC grew its stake in T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after purchasing an additional 40 shares in the last quarter. Financial Management Professionals Inc. grew its stake in T-Mobile US by 15.6% in the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock worth $81,000 after purchasing an additional 41 shares in the last quarter. Hohimer Wealth Management LLC grew its stake in T-Mobile US by 2.3% in the first quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider's stock worth $480,000 after purchasing an additional 41 shares in the last quarter. Finally, Journey Strategic Wealth LLC grew its stake in T-Mobile US by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider's stock worth $273,000 after purchasing an additional 41 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TMUS shares. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research note on Monday, July 7th. Tigress Financial boosted their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. KeyCorp reissued an "underweight" rating and set a $200.00 target price on shares of T-Mobile US in a report on Wednesday, July 9th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price target for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Bank of America began coverage on T-Mobile US in a report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $256.31.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares in the company, valued at $154,195,093,739.52. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last 90 days, insiders have sold 2,139,050 shares of company stock worth $504,895,827. Insiders own 0.37% of the company's stock.

T-Mobile US Trading Up 0.3%

T-Mobile US stock opened at $259.01 on Thursday. The company's fifty day simple moving average is $236.91 and its 200-day simple moving average is $247.73. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $192.61 and a 12 month high of $276.49. The stock has a market cap of $291.50 billion, a P/E ratio of 24.43, a P/E/G ratio of 1.41 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business had revenue of $21.13 billion for the quarter, compared to analysts' expectations of $20.99 billion. During the same period in the previous year, the company posted $2.49 EPS. T-Mobile US's revenue was up 6.9% on a year-over-year basis. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's payout ratio is currently 33.21%.

About T-Mobile US

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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