T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Two Sigma Securities LLC

Two Sigma Securities LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 67.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,238 shares of the Wireless communications provider's stock after selling 8,720 shares during the quarter. Two Sigma Securities LLC's holdings in T-Mobile US were worth $935,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Barclays PLC raised its position 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 valued at $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at $1,552,000. Trust Co. of Vermont increased its holdings in shares of T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after acquiring an additional 2,865 shares during the period. Rice Partnership LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at $7,678,000. Finally, Exchange Traded Concepts LLC increased its holdings in shares of T-Mobile US by 737.8% in the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock valued at $12,476,000 after acquiring an additional 49,775 shares during the period. 42.49% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TMUS has been the topic of a number of analyst reports. Benchmark reiterated a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Bank of America boosted their price target on T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Oppenheimer lifted their price target on T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Finally, Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Ten analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $257.68.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The shares were 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 directly owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Trading Up 1.9 %

NASDAQ TMUS traded up $4.64 during trading hours on Wednesday, reaching $246.23. The company had a trading volume of 1,724,491 shares, compared to its average volume of 4,249,969. The stock has a 50-day moving average of $259.35 and a 200 day moving average of $241.14. T-Mobile US, Inc. has a 1-year low of $161.61 and a 1-year high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $279.88 billion, a P/E ratio of 25.46, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $20.67 billion. During the same quarter in the prior year, the company posted $2.00 earnings per share. T-Mobile US's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. T-Mobile US's dividend payout ratio is presently 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.