CSM Advisors LLC Sells 1,900 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

CSM Advisors LLC lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,419 shares of the Wireless communications provider's stock after selling 1,900 shares during the quarter. T-Mobile US makes up approximately 1.1% of CSM Advisors LLC's portfolio, making the stock its 29th largest holding. CSM Advisors LLC's holdings in T-Mobile US were worth $16,871,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock valued at $408,297,000 after acquiring an additional 47,350 shares during the period. Barclays PLC raised its position in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Passumpsic Savings Bank purchased a new stake in shares of T-Mobile US during the 3rd quarter valued at approximately $2,634,000. Pine Valley Investments Ltd Liability Co boosted its holdings in T-Mobile US by 1.3% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 5,498 shares of the Wireless communications provider's stock worth $1,135,000 after buying an additional 70 shares during the period. Finally, World Investment Advisors LLC purchased a new position in T-Mobile US in the 3rd quarter valued at approximately $510,000. Institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

TMUS has been the subject of a number of analyst reports. Bank of America raised their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Royal Bank of Canada upped their price target on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research report on Friday, March 21st. Tigress Financial restated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Barclays raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Trading Up 1.0 %

Shares of TMUS traded up $2.33 during trading hours on Monday, hitting $235.10. The company had a trading volume of 2,980,782 shares, compared to its average volume of 4,247,110. T-Mobile US, Inc. has a 52-week low of $161.61 and a 52-week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock's 50 day moving average price is $260.36 and its 200 day moving average price is $240.97. The firm has a market cap of $267.23 billion, a P/E ratio of 24.27, a P/E/G ratio of 1.55 and a beta of 0.63.

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 for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the company posted $2.00 earnings per share. The business's revenue was up 6.6% on a year-over-year basis. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 34.34%.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction that occurred 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 sale, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.67% of the company's stock.

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.