Sigma Planning Corp Sells 4,846 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Sigma Planning Corp reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 78.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,357 shares of the Wireless communications provider’s stock after selling 4,846 shares during the period. Sigma Planning Corp’s holdings in T-Mobile US were worth $218,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Morgan Stanley boosted its holdings in shares of T-Mobile US by 0.9% in the 3rd quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock worth $1,576,332,000 after acquiring an additional 104,490 shares in the last quarter. Royal Bank of Canada raised its holdings in shares of T-Mobile US by 7.1% in the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock valued at $1,471,269,000 after buying an additional 693,443 shares during the last quarter. Invesco Ltd. lifted its position in T-Mobile US by 0.6% during the 3rd quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock worth $1,074,920,000 after buying an additional 45,196 shares in the last quarter. Clearbridge Investments LLC grew its holdings in T-Mobile US by 243.9% during the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after acquiring an additional 2,071,489 shares during the last quarter. Finally, Boston Partners increased its position in T-Mobile US by 30.9% in the 3rd quarter. Boston Partners now owns 2,739,094 shares of the Wireless communications provider’s stock valued at $384,245,000 after acquiring an additional 647,234 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 0.2 %

TMUS opened at $164.25 on Tuesday. The firm’s fifty day moving average is $162.58 and its two-hundred day moving average is $157.34. The firm has a market cap of $194.94 billion, a PE ratio of 22.35, a price-to-earnings-growth ratio of 0.67 and a beta of 0.49. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business had revenue of $19.59 billion for the quarter, compared to the consensus estimate of $19.81 billion. During the same quarter last year, the business posted $1.58 EPS. The firm’s revenue was down .2% compared to the same quarter last year. Equities research analysts anticipate that T-Mobile US, Inc. will post 8.97 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be paid a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.58%. T-Mobile US’s payout ratio is 35.37%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total transaction of $31,458,474.00. Following the completion of the sale, the director now owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $161.40, for a total transaction of $31,458,474.00. Following the completion of the transaction, the director now directly owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark Wolfe Nelson sold 13,872 shares of T-Mobile US stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $160.27, for a total value of $2,223,265.44. Following the completion of the sale, the executive vice president now directly owns 107,328 shares in the company, valued at approximately $17,201,458.56. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,985,409 shares of company stock worth $971,083,803. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. Morgan Stanley boosted their target price on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Oppenheimer reiterated an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, Royal Bank of Canada boosted their price objective on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $186.33.

About T-Mobile US

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.