Ingalls & Snyder LLC Decreases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Ingalls & Snyder LLC lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 107,422 shares of the Wireless communications provider's stock after selling 1,788 shares during the period. T-Mobile US makes up 0.9% of Ingalls & Snyder LLC's investment portfolio, making the stock its 26th largest position. Ingalls & Snyder LLC's holdings in T-Mobile US were worth $23,711,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. JSF Financial LLC raised its stake in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after acquiring an additional 44 shares during the last quarter. KPP Advisory Services LLC raised its position in shares of T-Mobile US by 2.6% in the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after purchasing an additional 45 shares during the period. DT Investment Partners LLC increased its holdings in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 47 shares during the period. D Orazio & Associates Inc. grew its stake in T-Mobile US by 3.7% in the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock worth $290,000 after buying an additional 47 shares in the last quarter. Finally, Warren Street Wealth Advisors LLC boosted its position in T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after buying an additional 47 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Up 2.2 %

Shares of T-Mobile US stock traded up $5.74 during trading on Friday, reaching $270.82. The stock had a trading volume of 4,835,114 shares, compared to its average volume of 3,682,888. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a fifty day moving average price of $227.66 and a two-hundred day moving average price of $218.68. The company has a market capitalization of $309.21 billion, a price-to-earnings ratio of 28.01, a P/E/G ratio of 1.44 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.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.30%. T-Mobile US's payout ratio is 36.40%.

Analysts Set New Price Targets

A number of analysts have weighed in on TMUS shares. Tigress Financial raised their price objective on shares of T-Mobile US from $280.00 to $290.00 and gave the company a "buy" rating in a research note on Thursday, February 6th. Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Daiwa America raised shares of T-Mobile US to a "hold" rating in a research report on Friday, October 25th. Royal Bank of Canada raised their price objective on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 30th. Finally, The Goldman Sachs Group lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $251.79.

Insider Buying and Selling at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now owns 5,653 shares of the company's stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andre Almeida bought 3,808 shares of the company's stock in a transaction dated Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now owns 3,808 shares of the company's stock, valued at approximately $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 3,100 shares of company stock worth $747,378. Insiders own 0.67% of the company's stock.

About T-Mobile US

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.