Narwhal Capital Management Lowers Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Narwhal Capital Management decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 65.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,479 shares of the Wireless communications provider's stock after selling 21,637 shares during the quarter. Narwhal Capital Management's holdings in T-Mobile US were worth $1,840,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Whittier Trust Co. of Nevada Inc. increased its stake in shares of T-Mobile US by 3.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider's stock valued at $280,000 after buying an additional 66 shares during the period. Transatlantique Private Wealth LLC increased its stake in shares of T-Mobile US by 0.4% during the third quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider's stock valued at $2,296,000 after buying an additional 68 shares during the period. Hohimer Wealth Management LLC increased its stake in shares of T-Mobile US by 0.9% during the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider's stock valued at $1,054,000 after buying an additional 68 shares during the period. Ronald Blue Trust Inc. increased its stake in shares of T-Mobile US by 0.7% during the third quarter. Ronald Blue Trust Inc. now owns 10,068 shares of the Wireless communications provider's stock valued at $1,398,000 after buying an additional 73 shares during the period. Finally, Rosenberg Matthew Hamilton increased its stake in shares of T-Mobile US by 4.4% during the third quarter. Rosenberg Matthew Hamilton now owns 1,748 shares of the Wireless communications provider's stock valued at $245,000 after buying an additional 74 shares during the period. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded down $0.50 during midday trading on Friday, reaching $161.11. 3,172,724 shares of the company's stock traded hands, compared to its average volume of 4,014,133. The company has a market cap of $191.22 billion, a price-to-earnings ratio of 23.25, a P/E/G ratio of 0.66 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64. The stock has a 50 day moving average of $162.53 and a 200 day moving average of $154.78.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company's revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 earnings per share. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 8.98 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US's payout ratio is currently 37.52%.

Wall Street Analyst Weigh In

TMUS has been the topic of several research reports. Raymond James lifted their price target on T-Mobile US from $180.00 to $185.00 and gave the company a "strong-buy" rating in a research report on Friday, January 26th. KeyCorp dropped their price target on T-Mobile US from $183.00 to $175.00 and set an "overweight" rating on the stock in a research report on Friday, January 26th. Oppenheimer restated an "outperform" rating and set a $190.00 price target on shares of T-Mobile US in a research report on Wednesday. Tigress Financial lifted their price target on T-Mobile US from $204.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, February 8th. Finally, Wells Fargo & Company lifted their price target on T-Mobile US from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Monday, January 22nd. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $185.93.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the company's stock in a transaction on Monday, January 8th. The stock was sold at an average price of $163.14, for a total transaction of $31,797,617.40. Following the completion of the sale, the director now owns 692,659,571 shares in the company, valued at $113,000,482,412.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In related news, Director Teresa Taylor sold 12,022 shares of the company's stock in a transaction on Monday, February 5th. The stock was sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Telekom Ag Deutsche sold 194,910 shares of the company's stock in a transaction dated Monday, January 8th. The stock was sold at an average price of $163.14, for a total value of $31,797,617.40. Following the completion of the sale, the director now owns 692,659,571 shares of the company's stock, valued at approximately $113,000,482,412.94. The disclosure for this sale can be found here. Insiders have sold a total of 5,918,567 shares of company stock valued at $963,239,758 over the last ninety days. 0.70% of the stock is currently owned by corporate insiders.

T-Mobile US 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.