Intech Investment Management LLC Has $10.63 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Intech Investment Management LLC cut its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 31.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,318 shares of the Wireless communications provider's stock after selling 30,096 shares during the quarter. Intech Investment Management LLC's holdings in T-Mobile US were worth $10,633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Private Wealth Management Group LLC acquired a new stake in T-Mobile US in the 4th quarter worth $27,000. Valley National Advisers Inc. grew its position in T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 123 shares during the last quarter. Baker Avenue Asset Management LP grew its position in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider's stock worth $29,000 after purchasing an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC acquired a new stake in T-Mobile US in the 4th quarter worth $34,000. Finally, Raleigh Capital Management Inc. boosted its position in shares of T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider's stock valued at $36,000 after acquiring an additional 90 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on TMUS shares. Tigress Financial lifted their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, February 8th. Citigroup lifted their target price on shares of T-Mobile US from $176.00 to $184.00 and gave the company a "buy" rating in a research report on Monday, March 25th. StockNews.com lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Friday. Raymond James lifted their target price on shares of 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. Finally, KeyCorp lifted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an "overweight" rating in a research report on Friday, April 26th. One research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $186.33.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $1.03 during trading on Friday, reaching $166.00. The company had a trading volume of 3,722,101 shares, compared to its average volume of 4,302,309. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The stock has a market cap of $194.53 billion, a PE ratio of 22.59, a PEG ratio of 0.64 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The business's 50 day moving average price is $162.60 and its 200-day moving average price is $160.11.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping analysts' consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same period in the previous year, the firm posted $1.58 earnings per share. The company's revenue was down .2% on a year-over-year basis. Analysts expect that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared 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 1.57%. The ex-dividend date is Friday, May 31st. T-Mobile US's dividend payout ratio (DPR) is 35.37%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the completion of the sale, the director now directly owns 686,227,541 shares of the company's stock, valued at $112,438,382,592.85. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO G Michael Sievert sold 20,000 shares of the business's stock in a transaction that occurred on Tuesday, February 27th. The shares were sold at an average price of $163.71, for a total transaction of $3,274,200.00. Following the completion of the transaction, the chief executive officer now owns 476,036 shares in the company, valued at $77,931,853.56. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business's stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the transaction, the director now owns 686,227,541 shares of the company's stock, valued at approximately $112,438,382,592.85. The disclosure for this sale can be found here. Insiders sold a total of 6,829,770 shares of company stock valued at $1,112,065,505 over the last ninety days. Insiders own 0.67% of the company's stock.

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.

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