Blue Trust Inc. Sells 2,101 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Blue Trust Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 30.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,905 shares of the Wireless communications provider's stock after selling 2,101 shares during the period. Blue Trust Inc.'s holdings in T-Mobile US were worth $1,083,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. JSF Financial LLC boosted its holdings in T-Mobile US by 0.9% in the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after purchasing an additional 44 shares during the period. KPP Advisory Services LLC raised its position in shares of T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock worth $360,000 after buying an additional 45 shares in the last quarter. DT Investment Partners LLC raised its stake in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 47 shares in the last quarter. D Orazio & Associates Inc. raised its position in T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock worth $290,000 after acquiring an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its holdings in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock worth $252,000 after buying an additional 47 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock traded up $0.14 on Wednesday, reaching $263.35. 3,670,601 shares of the stock were exchanged, compared to its average volume of 3,861,871. The firm's 50 day moving average is $229.10 and its 200-day moving average is $220.05. The firm has a market cap of $300.68 billion, a PE ratio of 27.23, a P/E/G ratio of 1.58 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors 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 1.34%. T-Mobile US's payout ratio is 36.40%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TMUS. Raymond James downgraded shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Sanford C. Bernstein assumed coverage on T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Benchmark reiterated a "buy" rating and set a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company raised their price objective on shares of T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $251.79.

Insider Buying and Selling

In other news, Director Andre Almeida bought 3,808 shares of the business's stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the firm's stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock valued at $747,378 over the last 90 days. Company insiders own 0.67% of the company's stock.

T-Mobile US 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.