T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Johnson Financial Group Inc.

Johnson Financial Group Inc. lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 76.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 775 shares of the Wireless communications provider's stock after selling 2,536 shares during the quarter. Johnson Financial Group Inc.'s holdings in T-Mobile US were worth $181,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Rakuten Securities Inc. raised its stake in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 62 shares in the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $28,000. Financial Life Planners acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $29,000. Bruce G. Allen Investments LLC raised 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 purchasing an additional 73 shares during the period. Finally, Albion Financial Group UT acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of research reports. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Royal Bank of Canada increased their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Benchmark restated a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a research report on Thursday, March 27th. Finally, Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $256.80.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business's 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 transaction, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

TMUS opened at $232.77 on Monday. The firm has a market cap of $264.58 billion, a PE ratio of 24.07, a P/E/G ratio of 1.55 and a beta of 0.63. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The business has a fifty day simple moving average of $260.36 and a 200-day simple moving average of $240.97. T-Mobile US, Inc. has a fifty-two week low of $161.61 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders 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 yield of 1.51%. T-Mobile US's payout ratio is presently 34.34%.

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.

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