CGN Advisors LLC Sells 1,309 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

CGN Advisors LLC lessened its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 10.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,895 shares of the Wireless communications provider's stock after selling 1,309 shares during the period. CGN Advisors LLC's holdings in T-Mobile US were worth $2,405,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. DT Investment Partners LLC lifted its stake in 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 worth $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC increased its position in T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after acquiring an additional 56 shares during the period. MFA Wealth Advisors LLC increased 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 purchasing an additional 77 shares during the period. Legacy Investment Solutions LLC acquired a new position in T-Mobile US during the 3rd quarter valued at about $34,000. Finally, Planning Capital Management Corp raised its position in shares of T-Mobile US by 134.7% during the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider's stock worth $36,000 after buying an additional 101 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research analyst reports. Raymond James lowered T-Mobile US from an "outperform" rating to a "market perform" rating in a report on Friday, October 25th. The Goldman Sachs Group lifted their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. TD Cowen upped their price target on T-Mobile US from $216.00 to $250.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. UBS Group raised their price objective on T-Mobile US from $210.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada downgraded T-Mobile US from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from $255.00 to $240.00 in a report on Monday, January 6th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $245.74.

T-Mobile US Price Performance

TMUS stock traded up $3.22 during trading on Friday, hitting $218.97. 4,224,613 shares of the stock traded hands, compared to its average volume of 3,337,652. The stock has a market cap of $254.11 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year 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 company has a 50 day simple moving average of $228.93 and a 200 day simple moving average of $210.47.

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

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio is 40.14%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now directly owns 378,124 shares of the company's stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through 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 shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the sale, the director now owns 5,021 shares of the company's stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,200 shares of company stock worth $37,407,303. Insiders own 0.67% of the company's stock.

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.