Pacer Advisors Inc. Sells 14,493 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Pacer Advisors Inc. decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 12.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 105,246 shares of the Wireless communications provider's stock after selling 14,493 shares during the period. Pacer Advisors Inc.'s holdings in T-Mobile US were worth $23,231,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. KBC Group NV increased its holdings in T-Mobile US by 57.3% in the fourth quarter. KBC Group NV now owns 166,831 shares of the Wireless communications provider's stock valued at $36,825,000 after purchasing an additional 60,760 shares during the last quarter. Union Bancaire Privee UBP SA acquired a new stake in shares of T-Mobile US during the fourth quarter worth $813,000. Blue Trust Inc. boosted its position in shares of T-Mobile US by 19.5% during the fourth quarter. Blue Trust Inc. now owns 8,370 shares of the Wireless communications provider's stock worth $1,727,000 after buying an additional 1,364 shares during the period. Narwhal Capital Management boosted its position in T-Mobile US by 96.1% during the 4th quarter. Narwhal Capital Management now owns 3,656 shares of the Wireless communications provider's stock worth $807,000 after acquiring an additional 1,792 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management grew its position in T-Mobile US by 1.5% in the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider's stock valued at $735,000 after purchasing an additional 50 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company's stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the stock in a transaction dated Monday, December 9th. The stock was purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 144,200 shares of company stock worth $32,736,303. Insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded down $0.27 during trading hours on Tuesday, reaching $221.16. 3,968,326 shares of the stock traded hands, compared to its average volume of 3,727,957. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The firm has a market capitalization of $256.66 billion, a price-to-earnings ratio of 25.22, a P/E/G ratio of 1.08 and a beta of 0.56. 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 50 day moving average price of $226.61 and a 200 day moving average price of $212.37.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.59%. T-Mobile US's payout ratio is 40.14%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of recent analyst reports. Benchmark restated a "buy" rating and set a $255.00 target price on shares of T-Mobile US in a report on Tuesday. JPMorgan Chase & Co. lifted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Royal Bank of Canada cut T-Mobile US from an "outperform" rating to a "sector perform" rating and lowered their price target for the stock from $255.00 to $240.00 in a report on Monday, January 6th. The Goldman Sachs Group boosted their target price on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, Evercore ISI upgraded shares of T-Mobile US to a "strong-buy" rating in a report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $245.74.

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.