Erste Asset Management GmbH Lowers Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Erste Asset Management GmbH lowered its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 81,900 shares of the Wireless communications provider's stock after selling 1,200 shares during the quarter. Erste Asset Management GmbH's holdings in T-Mobile US were worth $18,090,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of TMUS. JSF Financial LLC raised its holdings in T-Mobile US by 0.9% in the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after buying an additional 44 shares during the period. KPP Advisory Services LLC raised its stake in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after acquiring an additional 45 shares during the period. D Orazio & Associates Inc. lifted its holdings in shares of T-Mobile US by 3.7% in the 4th 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 during the last quarter. Warren Street Wealth Advisors LLC lifted its holdings in shares of T-Mobile US by 4.3% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock worth $252,000 after acquiring an additional 47 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC boosted its position in shares of T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock worth $284,000 after purchasing an additional 48 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Down 0.4 %

TMUS opened at $255.61 on Thursday. The firm has a market cap of $291.84 billion, a P/E ratio of 26.43, a PEG ratio of 1.55 and a beta of 0.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $276.49. The business's fifty day simple moving average is $242.14 and its 200 day simple moving average is $227.74.

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

T-Mobile US Announces Dividend

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 issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were 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 in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the firm's stock in a transaction 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 sale, the director now directly owns 5,653 shares of the company's stock, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on TMUS shares. JPMorgan Chase & Co. increased their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an "overweight" rating in a research note on Thursday, January 30th. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Barclays upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Bank of America lifted their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Finally, HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a report on Wednesday, March 5th. Nine 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. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $254.10.

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.

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