Johnson Financial Group Inc. Sells 2,536 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Johnson Financial Group Inc. lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 76.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 775 shares of the Wireless communications provider's stock after selling 2,536 shares during the period. Johnson Financial Group Inc.'s holdings in T-Mobile US were worth $181,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. increased its holdings in shares of 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 last quarter. Barclays PLC grew its stake in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after buying an additional 876,182 shares during the last quarter. Passumpsic Savings Bank purchased a new position in T-Mobile US during the 3rd quarter worth approximately $2,634,000. Pine Valley Investments Ltd Liability Co grew its stake in T-Mobile US by 1.3% during 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 last quarter. Finally, World Investment Advisors LLC purchased a new position in T-Mobile US during the 3rd quarter worth approximately $510,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS traded up $5.36 during midday trading on Wednesday, hitting $246.95. The stock had a trading volume of 4,437,417 shares, compared to its average volume of 4,261,138. The company's 50-day moving average price is $259.35 and its 200-day moving average price is $241.14. The company has a market capitalization of $280.70 billion, a P/E ratio of 25.54, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a fifty-two week low of $161.61 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period in the previous year, the company earned $2.00 EPS. The business's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, May 30th will be issued 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 1.43%. T-Mobile US's payout ratio is 34.34%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on TMUS. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. Finally, Bank of America raised their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Ten investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $257.68.

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.