Two Sigma Securities LLC Cuts Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Two Sigma Securities LLC lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 67.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,238 shares of the Wireless communications provider's stock after selling 8,720 shares during the period. Two Sigma Securities LLC's holdings in T-Mobile US were worth $935,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of TMUS. Barclays PLC boosted its stake in T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $1,552,000. Trust Co. of Vermont grew its holdings in shares of T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after purchasing an additional 2,865 shares during the last quarter. Rice Partnership LLC acquired a new position in T-Mobile US during the 4th quarter worth approximately $7,678,000. Finally, Exchange Traded Concepts LLC boosted its position in T-Mobile US by 737.8% in the fourth quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock valued at $12,476,000 after buying an additional 49,775 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.67% of the company's stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of research reports. Barclays boosted their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Benchmark reissued a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. Finally, Evercore ISI raised T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $256.80.

T-Mobile US Stock Down 11.2 %

T-Mobile US stock traded down $29.41 during trading on Friday, hitting $232.77. 13,554,734 shares of the company were exchanged, compared to its average volume of 4,251,776. The business's 50 day moving average is $260.36 and its 200 day moving average is $240.97. The company has a market capitalization of $264.58 billion, a P/E ratio of 24.07, a PEG ratio of 1.55 and a beta of 0.63. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 52 week low of $161.61 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. T-Mobile US's payout ratio is 36.40%.

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.