T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 103,637 shares of the Wireless communications provider's stock after selling 3,042 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS's holdings in T-Mobile US were worth $22,876,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of TMUS. Dunhill Financial LLC increased its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 56 shares in the last quarter. Rakuten Securities Inc. boosted its stake in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 62 shares during the last quarter. Financial Life Planners purchased a new stake in shares of T-Mobile US during the fourth quarter worth $29,000. Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the third quarter valued at about $34,000. Finally, Bruce G. Allen Investments LLC lifted its stake in shares of T-Mobile US by 79.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after buying an additional 73 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TMUS. Morgan Stanley initiated coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an "overweight" rating and a $280.00 price objective for the company. Oppenheimer upped 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. Scotiabank lifted their price objective on 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. KeyCorp cut T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a report on Thursday, December 12th. Finally, Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $255.80.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction that occurred 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 transaction, the director now owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Stock Down 0.1 %

Shares of TMUS traded down $0.21 during mid-day trading on Tuesday, hitting $258.75. 2,987,882 shares of the company's stock were exchanged, compared to its average volume of 3,978,143. The stock's 50-day moving average is $249.10 and its 200-day moving average is $231.22. 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 fifty-two week low of $159.14 and a fifty-two week high of $276.49. The company has a market cap of $295.43 billion, a price-to-earnings ratio of 26.76, a P/E/G ratio of 1.55 and a beta of 0.64.

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

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.36%. T-Mobile US's payout ratio is 36.40%.

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.