Edmond DE Rothschild Holding S.A. Has $4.12 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Edmond DE Rothschild Holding S.A. cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 15.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,652 shares of the Wireless communications provider's stock after selling 3,469 shares during the period. Edmond DE Rothschild Holding S.A.'s holdings in T-Mobile US were worth $4,117,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Barclays PLC boosted 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 valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Gladstone Institutional Advisory LLC bought a new position in T-Mobile US in the 4th quarter worth approximately $1,552,000. Trust Co. of Vermont increased its position in 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 bought a new stake in T-Mobile US during the 4th quarter valued at $7,678,000. Finally, Exchange Traded Concepts LLC boosted its position in T-Mobile US by 737.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock worth $12,476,000 after acquiring an additional 49,775 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 1.3 %

Shares of NASDAQ TMUS traded up $3.33 during mid-day trading on Thursday, reaching $267.89. The company had a trading volume of 5,650,736 shares, compared to its average volume of 4,168,613. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market capitalization of $305.86 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.55 and a beta of 0.63. The stock has a fifty day moving average of $255.79 and a two-hundred day moving average of $234.26. T-Mobile US, Inc. has a 12-month low of $159.14 and a 12-month high of $276.49.

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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%. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TMUS. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Benchmark reissued a "buy" rating and issued a $275.00 price objective on shares of T-Mobile US in a research note on Thursday, March 27th. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Oppenheimer boosted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, HSBC lowered shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $256.80.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction that occurred on 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 sale, the director now 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company's stock.

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.