T-Mobile US, Inc. (NASDAQ:TMUS) is Advanced Asset Management Advisors Inc's 6th Largest Position

Advanced Asset Management Advisors Inc decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 25.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,315 shares of the Wireless communications provider's stock after selling 18,500 shares during the quarter. T-Mobile US accounts for 3.2% of Advanced Asset Management Advisors Inc's portfolio, making the stock its 6th largest position. Advanced Asset Management Advisors Inc's holdings in T-Mobile US were worth $12,210,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. DT Investment Partners LLC grew its holdings in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock valued at $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC grew its holdings in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC grew its holdings in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 77 shares during the last quarter. Financial Life Planners purchased a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Price Performance

Shares of TMUS stock traded up $2.05 on Thursday, hitting $265.40. 2,794,675 shares of the stock traded hands, compared to its average volume of 3,833,108. The firm has a market cap of $303.02 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 1.53 and a beta of 0.56. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $271.41. The firm has a 50 day simple moving average of $229.68 and a two-hundred day simple moving average of $220.35. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

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

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. T-Mobile US's payout ratio is 36.40%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an "equal weight" rating in a report on Thursday, January 30th. Daiwa America upgraded shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an "overweight" rating in a report on Thursday, January 30th. Benchmark restated a "buy" rating and issued a $255.00 target price on shares of T-Mobile US in a report on Tuesday, January 28th. Finally, Scotiabank raised their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a "sector perform" rating in a report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus price target of $251.79.

Insider Activity

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 value of $254,188.00. Following the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares in the company, valued at approximately $989,166. This represents a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,100 shares of company stock worth $747,378 in the last three months. Company insiders own 0.67% of the company's stock.

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.