T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 36.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 184,923 shares of the Wireless communications provider's stock after selling 105,672 shares during the quarter. Impax Asset Management Group plc's holdings in T-Mobile US were worth $29,649,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. grew its position in T-Mobile US by 3.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider's stock worth $280,000 after acquiring an additional 66 shares in the last quarter. Transatlantique Private Wealth LLC increased its position in shares of T-Mobile US by 0.4% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider's stock valued at $2,296,000 after purchasing an additional 68 shares during the last quarter. Hohimer Wealth Management LLC raised its holdings in T-Mobile US by 0.9% during the 3rd 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. lifted its position in T-Mobile US by 0.7% in the third quarter. Ronald Blue Trust Inc. now owns 10,068 shares of the Wireless communications provider's stock worth $1,398,000 after buying an additional 73 shares during the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in 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 worth $245,000 after buying an additional 74 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. Oppenheimer reissued an "outperform" rating and issued a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. UBS Group boosted their target price on T-Mobile US from $180.00 to $186.00 and gave the company a "buy" rating in a research report on Wednesday, December 13th. Morgan Stanley raised their price target on T-Mobile US from $180.00 to $186.00 and gave the stock an "overweight" rating in a research note on Monday, January 29th. Citigroup upped their price objective on T-Mobile US from $176.00 to $184.00 and gave the company a "buy" rating in a research report on Monday, March 25th. Finally, Raymond James lifted their target price on T-Mobile US from $180.00 to $185.00 and gave the stock a "strong-buy" rating in a research report on Friday, January 26th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $185.93.

T-Mobile US Stock Down 0.4 %

Shares of NASDAQ:TMUS traded down $0.62 during trading hours on Wednesday, hitting $160.38. The company's stock had a trading volume of 4,438,853 shares, compared to its average volume of 4,550,284. The firm's fifty day moving average price is $162.47 and its 200 day moving average price is $155.17. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The company has a market capitalization of $190.35 billion, a price-to-earnings ratio of 23.14, a P/E/G ratio of 0.65 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to analysts' expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.18 earnings per share. As a group, research analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Friday, May 31st. T-Mobile US's dividend payout ratio (DPR) is currently 37.52%.

Insider Activity at T-Mobile US

In other news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the transaction, the insider now owns 125,687 shares of the company's stock, valued at approximately $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Michael J. Katz sold 6,655 shares of the company's stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $161.23, for a total transaction of $1,072,985.65. Following the transaction, the insider now directly owns 126,616 shares of the company's stock, valued at approximately $20,414,297.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael J. Katz sold 3,000 shares of the firm's stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company's stock, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. Insiders have sold a total of 5,908,087 shares of company stock valued at $960,908,028 over the last quarter. 0.70% of the stock is owned by corporate insiders.

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.