T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by CSM Advisors LLC

CSM Advisors LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 76,419 shares of the Wireless communications provider's stock after selling 1,900 shares during the period. T-Mobile US makes up approximately 1.1% of CSM Advisors LLC's holdings, making the stock its 29th largest holding. CSM Advisors LLC's holdings in T-Mobile US were worth $16,871,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Rakuten Securities Inc. boosted its stake in T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust bought a new position in shares of T-Mobile US in the 4th quarter worth about $28,000. Financial Life Planners acquired a new position in shares of T-Mobile US during the fourth quarter valued at $29,000. Bruce G. Allen Investments LLC boosted its position in shares of T-Mobile US by 79.3% during the fourth 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 during the period. Finally, Albion Financial Group UT acquired a new stake in T-Mobile US in the fourth quarter worth about $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following 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 legal filing with the SEC, which is accessible through this link. 0.67% of the stock is currently owned by insiders.

T-Mobile US Trading Up 1.9 %

Shares of TMUS stock opened at $258.30 on Wednesday. T-Mobile US, Inc. has a 12-month low of $160.62 and a 12-month high of $276.49. The company has a market capitalization of $294.91 billion, a PE ratio of 26.71, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The firm has a 50 day moving average price of $261.36 and a two-hundred day moving average price of $239.91. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

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

T-Mobile US Announces Dividend

The business also recently announced 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 of this dividend 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 payout ratio is 36.40%.

Analysts Set New Price Targets

Several research firms have issued reports on TMUS. Oppenheimer boosted their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Bank of America boosted their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Finally, Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a report on Thursday, January 23rd. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $256.80.

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.

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