T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Northwest & Ethical Investments L.P.

Northwest & Ethical Investments L.P. decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 26.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 26,874 shares of the Wireless communications provider's stock after selling 9,808 shares during the quarter. Northwest & Ethical Investments L.P.'s holdings in T-Mobile US were worth $5,932,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Dunhill Financial LLC lifted its holdings in T-Mobile US by 76.7% during the 3rd 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 in the last quarter. Rakuten Securities Inc. increased its position in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the period. Financial Life Planners bought a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new position in T-Mobile US in the third quarter worth approximately $34,000. Finally, Bruce G. Allen Investments LLC grew its position in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after buying an additional 73 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TMUS shares. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. KeyCorp downgraded T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a report on Thursday, December 12th. Sanford C. Bernstein began coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 target price for the company. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Morgan Stanley started coverage on T-Mobile US in a research note on Monday, December 16th. They set an "overweight" rating and a $280.00 price objective for the company. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and a consensus target price of $255.80.

T-Mobile US Price Performance

NASDAQ TMUS traded down $0.21 during trading hours on Tuesday, reaching $258.75. The company's stock had a trading volume of 2,987,882 shares, compared to its average volume of 3,978,143. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company's 50-day moving average is $249.10 and its two-hundred day moving average is $231.22. T-Mobile US, Inc. has a fifty-two week low of $159.14 and a fifty-two week high of $276.49. The stock has a market cap of $295.43 billion, a PE ratio of 26.76, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results 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%. Analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

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.