T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Overbrook Management Corp

Overbrook Management Corp decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 97,950 shares of the Wireless communications provider's stock after selling 1,477 shares during the period. T-Mobile US comprises 4.7% of Overbrook Management Corp's portfolio, making the stock its 7th biggest holding. Overbrook Management Corp's holdings in T-Mobile US were worth $21,621,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in TMUS. Barclays PLC lifted its holdings in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares during the last quarter. International Assets Investment Management LLC raised its stake in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock valued at $51,586,000 after acquiring an additional 248,828 shares during the last quarter. Swedbank AB boosted its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock worth $52,631,000 after acquiring an additional 12,411 shares in the last quarter. Trust Co. of Vermont grew its position in T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock worth $5,954,000 after acquiring an additional 2,865 shares during the last quarter. Finally, Passumpsic Savings Bank acquired a new stake in T-Mobile US during the 3rd quarter valued at $2,634,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CFO Peter Osvaldik sold 20,000 shares of T-Mobile US stock in a transaction dated Friday, October 25th. The stock was sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the transaction, the chief financial officer now owns 61,307 shares in the company, valued at approximately $14,318,249.85. This trade represents a 24.60 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the company's stock in a transaction on Monday, December 9th. The stock was acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares of the company's stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 164,200 shares of company stock worth $37,407,303. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Stock Up 1.5 %

Shares of TMUS stock traded up $3.22 on Monday, hitting $218.97. 4,224,613 shares of the stock were exchanged, compared to its average volume of 3,337,652. 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 current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The business has a 50-day moving average of $228.93 and a 200 day moving average of $210.69. The firm has a market capitalization 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.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business had revenue of $20.16 billion during the quarter, compared to analysts' expectations of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. The firm's revenue was up 4.7% on a year-over-year basis. Equities analysts anticipate that T-Mobile US, Inc. will post 9.31 EPS for the current year.

T-Mobile US Dividend Announcement

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 given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio is currently 40.14%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. The Goldman Sachs Group increased their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Oppenheimer boosted their price objective on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. KeyCorp cut 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. Citigroup upped their price target on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Finally, JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Seven investment 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 company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $245.74.

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.