Vontobel Holding Ltd. Reduces Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Vontobel Holding Ltd. cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 14.7% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 82,103 shares of the Wireless communications provider's stock after selling 14,194 shares during the quarter. Vontobel Holding Ltd.'s holdings in T-Mobile US were worth $18,123,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Wellington Management Group LLP increased its holdings in T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock worth $3,203,642,000 after buying an additional 602,786 shares during the last quarter. FMR LLC increased its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock worth $2,660,758,000 after purchasing an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock worth $1,448,426,000 after purchasing an additional 590,711 shares during the period. Barclays PLC raised its holdings in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after purchasing an additional 876,182 shares during the period. Finally, Principal Financial Group Inc. raised its holdings in shares of T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after purchasing an additional 47,350 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Letitia A. Long sold 1,100 shares of the 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 completion of the sale, 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 is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the firm's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now directly owns 4,021 shares in the company, valued at $989,166. The trade was a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is currently owned by insiders.

T-Mobile US Price Performance

NASDAQ TMUS traded down $4.24 on Tuesday, reaching $266.58. 1,367,092 shares of the company's stock traded hands, compared to its average volume of 3,784,760. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $271.41. 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 $228.50 and a 200 day simple moving average of $219.52. The stock has a market cap of $304.37 billion, a PE ratio of 27.55, a P/E/G ratio of 1.44 and a beta of 0.56.

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

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid 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 dividend yield of 1.32%. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on TMUS. Citigroup boosted their target price on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research note on Monday, October 21st. Scotiabank boosted their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a "sector perform" rating in a research report on Thursday, January 30th. Royal Bank of Canada boosted their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the company a "sector perform" rating in a research report on Thursday, January 30th. TD Cowen boosted their price objective on T-Mobile US from $216.00 to $250.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Finally, Tigress Financial upped their target price on shares of T-Mobile US from $280.00 to $290.00 and gave the stock a "buy" rating in a report on Thursday, February 6th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of "Moderate Buy" and a consensus target price of $251.79.

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.