180 Wealth Advisors LLC Sells 2,679 Shares of T-Mobile US, Inc. $TMUS

180 Wealth Advisors LLC cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 27.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,223 shares of the Wireless communications provider’s stock after selling 2,679 shares during the period. 180 Wealth Advisors LLC’s holdings in T-Mobile US were worth $1,729,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Castle Rock Wealth Management LLC grew its stake in shares of T-Mobile US by 17.3% in the third quarter. Castle Rock Wealth Management LLC now owns 5,731 shares of the Wireless communications provider’s stock worth $1,321,000 after acquiring an additional 846 shares during the period. Ellsworth Advisors LLC raised its stake in T-Mobile US by 2.7% during the 3rd quarter. Ellsworth Advisors LLC now owns 25,550 shares of the Wireless communications provider’s stock valued at $5,791,000 after buying an additional 670 shares during the last quarter. Nvwm LLC raised its stake in T-Mobile US by 3.8% during the 3rd quarter. Nvwm LLC now owns 2,652 shares of the Wireless communications provider’s stock valued at $635,000 after buying an additional 98 shares during the last quarter. Regent Peak Wealth Advisors LLC bought a new position in shares of T-Mobile US during the 3rd quarter valued at $303,000. Finally, Trust Co. of Toledo NA OH boosted its stake in shares of T-Mobile US by 20.2% in the 3rd quarter. Trust Co. of Toledo NA OH now owns 1,931 shares of the Wireless communications provider’s stock worth $462,000 after buying an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 1.0%

Shares of TMUS stock opened at $201.00 on Friday. The company has a market cap of $224.82 billion, a PE ratio of 19.33, a price-to-earnings-growth ratio of 1.29 and a beta of 0.44. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The stock’s 50 day simple moving average is $207.97 and its two-hundred day simple moving average is $227.58. T-Mobile US, Inc. has a 1 year low of $194.01 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The business had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. During the same quarter in the previous year, the business earned $2.61 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. Research 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 Thursday, March 12th. Investors of record on Friday, February 27th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. T-Mobile US’s payout ratio is currently 39.23%.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of research reports. JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a research report on Monday, December 15th. Oppenheimer lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Benchmark boosted their target price on shares of T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 10th. KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. Finally, Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $260.17.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CEO Srini Gopalan purchased 9,800 shares of T-Mobile US stock in a transaction that occurred on Thursday, November 6th. The stock was bought at an average price of $201.82 per share, with a total value of $1,977,836.00. Following the acquisition, the chief executive officer owned 90,258 shares of the company’s stock, valued at $18,215,869.56. This trade represents a 12.18% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Letitia A. Long sold 1,457 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $210.32, for a total value of $306,436.24. Following the sale, the director owned 5,438 shares of the company’s stock, valued at approximately $1,143,720.16. This trade represents a 21.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 915,016 shares of company stock worth $208,006,290. 0.37% of the stock is currently owned by insiders.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.