T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 99.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,498 shares of the Wireless communications provider's stock after selling 248,483 shares during the quarter. International Assets Investment Management LLC's holdings in T-Mobile US were worth $329,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in T-Mobile US in the second quarter valued at approximately $95,000. LPL Financial LLC grew its position in T-Mobile US by 20.0% during the second quarter. LPL Financial LLC now owns 307,913 shares of the Wireless communications provider's stock valued at $54,248,000 after buying an additional 51,307 shares during the period. American Century Companies Inc. boosted its position in T-Mobile US by 22.7% during the second quarter. American Century Companies Inc. now owns 301,943 shares of the Wireless communications provider's stock worth $53,196,000 after purchasing an additional 55,801 shares in the last quarter. GHP Investment Advisors Inc. grew its stake in T-Mobile US by 70.9% in the 2nd quarter. GHP Investment Advisors Inc. now owns 745 shares of the Wireless communications provider's stock valued at $131,000 after acquiring an additional 309 shares during the period. Finally, Parallel Advisors LLC increased its stake in shares of T-Mobile US by 12.7% during the second quarter. Parallel Advisors LLC now owns 11,205 shares of the Wireless communications provider's stock worth $1,974,000 after purchasing an additional 1,262 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Up 1.0 %

Shares of TMUS stock traded up $2.16 during trading hours on Monday, hitting $213.46. The company had a trading volume of 3,644,991 shares, compared to its average volume of 3,908,313. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company's fifty day moving average is $230.19 and its 200 day moving average is $209.64. The stock has a market capitalization of $247.72 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 1.18 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data 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. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion during the quarter, compared to analysts' expectations of $20.01 billion. During the same period in the previous year, the firm posted $1.82 earnings per share. The company's revenue was up 4.7% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.65%. T-Mobile US's dividend payout ratio (DPR) is 40.14%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TMUS shares. KeyCorp downgraded T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. 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 target price on the stock. Daiwa America raised shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. Scotiabank boosted their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company downgraded shares of T-Mobile US from an "overweight" rating to an "equal weight" rating and cut their price objective for the company from $240.00 to $220.00 in a report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $245.74.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company's stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the transaction, the executive vice president now owns 61,871 shares in the company, valued at $13,380,222.46. This trade represents a 40.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 206,969 shares of company stock worth $46,656,527 over the last ninety days. Corporate insiders own 0.67% of the company's stock.

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.