Vickerman Investment Advisors Inc. Sells 2,239 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vickerman Investment Advisors Inc. trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 13.5% in the first quarter, according to its most recent filing with the SEC. The fund owned 14,304 shares of the Wireless communications provider's stock after selling 2,239 shares during the period. Vickerman Investment Advisors Inc.'s holdings in T-Mobile US were worth $3,815,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Ancora Advisors LLC boosted its position in shares of T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after acquiring an additional 37 shares during the period. Snowden Capital Advisors LLC grew its position in shares of T-Mobile US by 0.6% during the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock valued at $1,411,000 after purchasing an additional 40 shares in the last quarter. Signaturefd LLC increased its holdings in shares of T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after purchasing an additional 41 shares during the period. Financial Management Professionals Inc. increased its holdings in shares of 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 during the period. Finally, Continuum Advisory LLC increased its holdings in shares of T-Mobile US by 0.7% in the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock worth $1,340,000 after purchasing an additional 43 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Down 1.3%

Shares of NASDAQ TMUS traded down $3.12 during trading hours on Monday, hitting $237.63. The company's stock had a trading volume of 2,957,849 shares, compared to its average volume of 4,094,708. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The stock has a market cap of $269.81 billion, a price-to-earnings ratio of 23.18, a P/E/G ratio of 1.32 and a beta of 0.62. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49. The business has a 50-day simple moving average of $238.63 and a 200-day simple moving average of $243.47.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. The business had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.00 earnings per share. On average, analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

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 Wednesday, July 2nd. The shares were sold at an average price of $237.89, for a total transaction of $16,614,237.60. Following the sale, the director owned 647,800,524 shares in the company, valued at approximately $154,105,266,654.36. The trade was a 0.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 628,560 shares of company stock worth $144,455,659. Insiders own 0.37% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their price objective for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Redburn Atlantic upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research report on Monday. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. Finally, UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Fourteen analysts have rated the stock with a hold rating, ten have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and an average price target of $254.98.

T-Mobile US Company Profile

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.