Edmond DE Rothschild Holding S.A. Sells 3,469 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Edmond DE Rothschild Holding S.A. trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 15.7% during the fourth quarter, according to its most recent Form 13F filing with the 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 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC increased its position in T-Mobile US by 38.3% during the third 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 in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in T-Mobile US in the 4th quarter worth approximately $1,552,000. Trust Co. of Vermont grew its position in T-Mobile US by 11.9% in the fourth 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 in the last quarter. Rice Partnership LLC purchased a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $7,678,000. Finally, Exchange Traded Concepts LLC lifted its position in shares of T-Mobile US by 737.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock worth $12,476,000 after purchasing an additional 49,775 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analysts Set New Price Targets

TMUS has been the topic of several recent research reports. Royal Bank of Canada raised their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. Barclays raised their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Bank of America lifted their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. KeyCorp lowered shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. Finally, Benchmark reissued a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price of $256.80.

T-Mobile US Stock Down 7.4 %

TMUS traded down $19.78 during mid-day trading on Friday, reaching $248.11. 7,947,288 shares of the stock were exchanged, compared to its average volume of 4,194,725. The stock has a market capitalization of $283.28 billion, a PE ratio of 25.66, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. 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 50 day moving average price of $257.41 and a two-hundred day moving average price of $235.01. T-Mobile US, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate 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, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is presently 36.40%.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares of the company's stock, valued at $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.67% of the stock is currently owned by company insiders.

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.