T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by KMG Fiduciary Partners LLC

KMG Fiduciary Partners LLC lessened its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 75.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 4,569 shares of the Wireless communications provider's stock after selling 13,907 shares during the period. KMG Fiduciary Partners LLC's holdings in T-Mobile US were worth $1,008,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in TMUS. Wellington Management Group LLP raised its position in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock worth $3,203,642,000 after buying an additional 602,786 shares during the last quarter. FMR LLC raised its holdings in shares of T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. lifted its position in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after purchasing an additional 590,711 shares during the period. Legal & General Group Plc lifted its position in T-Mobile US by 6.8% during the second quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider's stock valued at $837,032,000 after purchasing an additional 303,582 shares during the period. Finally, Barclays PLC boosted its holdings in T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on TMUS. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a report on Friday, October 25th. Evercore ISI increased their target price on T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Wells Fargo & Company cut shares of T-Mobile US from an "overweight" rating to an "equal weight" rating and lowered their price objective for the stock from $240.00 to $220.00 in a research note on Monday, January 6th. Finally, Oppenheimer boosted their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $245.74.

Insider Activity at T-Mobile US

In related news, Director Raul Marcelo Claure sold 110,000 shares of the business's stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares of the company's stock, valued at $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the company's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 164,200 shares of company stock worth $37,407,303 over the last three months. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Trading Up 1.5 %

TMUS traded up $3.22 on Friday, reaching $218.97. 4,224,613 shares of the company traded hands, compared to its average volume of 3,337,652. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The company has a market cap of $254.11 billion, a P/E ratio of 24.97, a price-to-earnings-growth ratio of 1.05 and a beta of 0.56. The firm has a fifty day simple moving average of $228.93 and a two-hundred day simple moving average of $210.26. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) 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 analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 earnings per share. As a group, equities research analysts expect that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid 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 dividend yield of 1.61%. T-Mobile US's dividend payout ratio is currently 40.14%.

T-Mobile US 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.