Stifel Financial Corp Sells 4,698 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Stifel Financial Corp trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 359,358 shares of the Wireless communications provider's stock after selling 4,698 shares during the period. Stifel Financial Corp's holdings in T-Mobile US were worth $79,328,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rakuten Securities Inc. grew its position in shares of T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US in the fourth quarter valued at approximately $28,000. Financial Life Planners acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $29,000. Bruce G. Allen Investments LLC raised its position in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the period. Finally, Albion Financial Group UT bought a new stake 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 related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.67% of the company's stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent research reports. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a research note on Wednesday, March 5th. Evercore ISI upgraded shares of T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Scotiabank upped their target price on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a research report on Monday, March 3rd. JPMorgan Chase & Co. lifted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Finally, UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" 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 assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $256.80.

T-Mobile US Trading Up 0.7 %

Shares of NASDAQ:TMUS traded up $1.61 during mid-day trading on Monday, hitting $234.38. The stock had a trading volume of 2,233,909 shares, compared to its average volume of 4,244,366. T-Mobile US, Inc. has a 12-month low of $161.61 and a 12-month high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market cap of $266.40 billion, a PE ratio of 24.22, a P/E/G ratio of 1.55 and a beta of 0.63. The company's 50 day moving average is $260.36 and its 200-day moving average is $240.97.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US's payout ratio is 34.34%.

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.