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

Arkadios Wealth Advisors lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 15.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 6,204 shares of the Wireless communications provider's stock after selling 1,167 shares during the period. Arkadios Wealth Advisors' holdings in T-Mobile US were worth $1,369,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC lifted its holdings in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after buying an additional 876,182 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of T-Mobile US by 21,580.9% in the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock valued at $51,586,000 after purchasing an additional 248,828 shares during the last quarter. Swedbank AB raised its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Passumpsic Savings Bank purchased a new stake in shares of T-Mobile US during the 3rd quarter worth $2,634,000. Finally, Granite Bay Wealth Management LLC purchased a new stake in T-Mobile US during the 4th quarter worth about $5,775,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TMUS shares. Raymond James downgraded shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. The Goldman Sachs Group raised their price objective on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. JPMorgan Chase & Co. boosted their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Royal Bank of Canada lowered T-Mobile US from an "outperform" rating to a "sector perform" rating and cut their price target for the stock from $255.00 to $240.00 in a research report on Monday, January 6th. Finally, Barclays increased their price objective on T-Mobile US from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price of $245.74.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $3.22 during trading hours on Monday, hitting $218.97. The company's stock had a trading volume of 4,224,613 shares, compared to its average volume of 3,337,652. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The company has a market capitalization of $254.11 billion, a PE ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. The business's 50-day moving average is $228.93 and its two-hundred day moving average is $210.69.

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

T-Mobile US Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is presently 40.14%.

Insiders Place Their Bets

In related news, Director Letitia A. Long sold 1,100 shares of the company's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the firm's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the sale, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,200 shares of company stock valued at $37,407,303. Corporate 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.