Vontobel Holding Ltd. trimmed its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 32.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 55,786 shares of the Wireless communications provider's stock after selling 26,317 shares during the period. Vontobel Holding Ltd.'s holdings in T-Mobile US were worth $14,879,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. 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 buying an additional 37 shares during the period. Snowden Capital Advisors LLC raised its position in shares of T-Mobile US by 0.6% in the 4th quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after acquiring an additional 40 shares in the last quarter. Signaturefd LLC raised its position in shares of T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after acquiring an additional 41 shares in the last quarter. Financial Management Professionals Inc. lifted its stake in shares of T-Mobile US by 15.6% in the 1st quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock valued at $81,000 after purchasing an additional 41 shares during the period. Finally, Continuum Advisory LLC boosted its position in shares of T-Mobile US by 0.7% during the 4th quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock valued at $1,340,000 after purchasing an additional 43 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. Benchmark reissued a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Tigress Financial boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their target price for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. Finally, Royal Bank Of Canada upped their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $257.68.
Check Out Our Latest Analysis on T-Mobile US
Insider Activity at T-Mobile US
In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $237.61, for a total value of $16,594,682.40. Following the transaction, the director owned 647,940,204 shares of the company's stock, valued at approximately $153,957,071,872.44. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 558,720 shares of company stock worth $127,841,422 over the last three months. Company insiders own 0.37% of the company's stock.
T-Mobile US Stock Up 1.0%
NASDAQ:TMUS traded up $2.39 during trading hours on Thursday, hitting $239.81. 766,316 shares of the company traded hands, compared to its average volume of 4,081,586. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. The company has a market cap of $272.29 billion, a PE ratio of 23.37, a PEG ratio of 1.33 and a beta of 0.62. The firm's 50-day simple moving average is $238.92 and its 200-day simple moving average is $242.92. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49.
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 analysts' consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates 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 was up 6.6% on a year-over-year basis. During the same period last year, the firm earned $2.00 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current 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 $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.47%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 34.34%.
T-Mobile US Company Profile
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Free Report)
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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