T-Mobile US, Inc. (NASDAQ:TMUS) Stake Reduced by High Ground Investment Management LLP

High Ground Investment Management LLP lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 71.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 26,164 shares of the Wireless communications provider's stock after selling 66,407 shares during the period. T-Mobile US comprises about 1.8% of High Ground Investment Management LLP's portfolio, making the stock its 7th largest position. High Ground Investment Management LLP's holdings in T-Mobile US were worth $5,775,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Signaturefd LLC boosted its holdings in shares of T-Mobile US by 0.4% in the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after buying an additional 41 shares during the last quarter. JSF Financial LLC raised its holdings in shares of T-Mobile US by 0.9% in the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after purchasing an additional 44 shares during the period. D Orazio & Associates Inc. lifted its stake in T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after purchasing an additional 47 shares during the last quarter. Warren Street Wealth Advisors LLC grew its holdings in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after purchasing an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC increased its position in T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock worth $284,000 after buying an additional 48 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

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Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on TMUS shares. KeyCorp lowered shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a research report on Thursday, December 12th. Scotiabank lifted their price objective on shares of T-Mobile US from $247.00 to $275.00 and gave the company a "sector perform" rating in a research note on Monday, March 3rd. Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Barclays raised their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Finally, Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research note on Friday, March 14th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Price Performance

NASDAQ TMUS traded down $1.64 during trading hours on Tuesday, reaching $265.08. 1,067,804 shares of the stock traded hands, compared to its average volume of 4,156,154. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a 50 day simple moving average of $253.88 and a two-hundred day simple moving average of $233.59. T-Mobile US, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49. The company has a market cap of $302.65 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, 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. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. 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 1.33%. T-Mobile US's payout ratio is 36.40%.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company's stock, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.67% of the stock is owned by corporate insiders.

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.