First Hawaiian Bank Sells 2,575 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

First Hawaiian Bank lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 14.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,462 shares of the Wireless communications provider's stock after selling 2,575 shares during the quarter. First Hawaiian Bank's holdings in T-Mobile US were worth $3,413,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. FMR LLC grew its stake in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after buying an additional 1,522,394 shares during the last quarter. Barclays PLC boosted its holdings 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 valued at $653,160,000 after acquiring an additional 876,182 shares during the period. Wellington Management Group LLP grew its position in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the last quarter. Franklin Resources Inc. increased its stake in shares of T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock worth $1,448,426,000 after purchasing an additional 590,711 shares during the period. Finally, Nordea Investment Management AB lifted its position in shares of T-Mobile US by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider's stock worth $324,960,000 after purchasing an additional 397,345 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analyst Weigh In

TMUS has been the topic of several recent analyst reports. UBS Group lifted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. KeyCorp cut shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a research note on Thursday, December 12th. Wells Fargo & Company lowered shares of T-Mobile US from an "overweight" rating to an "equal weight" rating and decreased their price target for the stock from $240.00 to $220.00 in a research report on Monday. TD Cowen upped their price objective on shares of T-Mobile US from $216.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Finally, Raymond James downgraded T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $245.74.

T-Mobile US Price Performance

T-Mobile US stock traded up $3.18 during trading hours on Wednesday, hitting $215.52. 3,269,420 shares of the stock were exchanged, compared to its average volume of 3,888,864. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The business's 50-day moving average is $230.80 and its two-hundred day moving average is $208.66. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock has a market capitalization of $250.11 billion, a P/E ratio of 24.57, a P/E/G ratio of 1.18 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts' expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business's revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.82 EPS. Equities research analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US's dividend payout ratio is currently 40.14%.

Insider Buying and Selling at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the company's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the transaction, the chief executive officer now owns 378,124 shares of the company's stock, valued at $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company's stock, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 206,969 shares of company stock worth $46,656,527. 0.67% of the stock is currently owned by corporate 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.