T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Lowered by WESPAC Advisors SoCal LLC

WESPAC Advisors SoCal LLC trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 56,139 shares of the Wireless communications provider's stock after selling 3,575 shares during the quarter. T-Mobile US comprises about 3.9% of WESPAC Advisors SoCal LLC's investment portfolio, making the stock its 4th largest holding. WESPAC Advisors SoCal LLC's holdings in T-Mobile US were worth $14,973,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Godsey & Gibb Inc. increased its holdings in T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 60 shares during the period. CoreFirst Bank & Trust acquired a new stake in T-Mobile US during the 4th quarter worth approximately $28,000. City Holding Co. boosted its position in T-Mobile US by 45.3% during the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after buying an additional 43 shares during the period. Adirondack Trust Co. boosted its position in T-Mobile US by 366.7% during the 1st quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after buying an additional 110 shares during the period. Finally, Pinney & Scofield Inc. acquired a new position in shares of T-Mobile US in the 4th quarter worth approximately $39,000. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the sale, the director directly owned 646,822,764 shares in the company, valued at $150,470,379,589.32. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold 1,326,510 shares of company stock worth $305,246,018 in the last quarter. Corporate insiders own 0.37% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TMUS. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Arete Research upgraded shares of T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Morgan Stanley boosted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research note on Thursday. Royal Bank Of Canada boosted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research note on Friday. Finally, Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. One research analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $256.31.

T-Mobile US Stock Performance

NASDAQ TMUS traded down $3.95 during trading on Friday, hitting $243.55. 5,204,895 shares of the company's stock traded hands, compared to its average volume of 4,120,475. The stock has a market capitalization of $274.10 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 1.37 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 company has a debt-to-equity ratio of 1.33, a quick ratio of 1.08 and a current ratio of 1.21. The business has a 50 day moving average of $235.19 and a 200-day moving average of $244.45.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $20.99 billion. During the same period in the prior year, the firm earned $2.49 earnings per share. The company's revenue was up 6.9% compared to the same quarter last year. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

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 given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.45%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 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.