Advanced Asset Management Advisors Inc Lowers Position in T-Mobile US, Inc. $TMUS

Advanced Asset Management Advisors Inc cut its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,815 shares of the Wireless communications provider’s stock after selling 12,500 shares during the quarter. T-Mobile US comprises 2.7% of Advanced Asset Management Advisors Inc’s investment portfolio, making the stock its 13th biggest holding. Advanced Asset Management Advisors Inc’s holdings in T-Mobile US were worth $10,249,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Weaver Capital Management LLC boosted its holdings in shares of T-Mobile US by 0.6% during the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock valued at $1,605,000 after buying an additional 42 shares in the last quarter. Haven Private LLC lifted its position in T-Mobile US by 1.3% during the 2nd quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider’s stock valued at $759,000 after acquiring an additional 42 shares during the period. Bank of Stockton boosted its stake in T-Mobile US by 1.2% during the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after acquiring an additional 44 shares in the last quarter. Richardson Financial Services Inc. grew its holdings in T-Mobile US by 0.9% in the second quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider’s stock worth $1,183,000 after purchasing an additional 45 shares during the period. Finally, Cetera Trust Company N.A increased its stake in shares of T-Mobile US by 0.4% during the second quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider’s stock valued at $2,863,000 after purchasing an additional 45 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Srini Gopalan acquired 9,800 shares of the business’s 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 completion of the acquisition, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. The trade was a 12.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the transaction, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This represents a 0.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 786,175 shares of company stock worth $177,235,831 in the last 90 days. Insiders own 0.37% of the company’s stock.

T-Mobile US Trading Up 1.1%

T-Mobile US stock opened at $203.15 on Tuesday. T-Mobile US, Inc. has a one year low of $194.01 and a one year high of $276.49. The business’s fifty day moving average is $207.43 and its 200 day moving average is $227.37. The stock has a market capitalization of $227.23 billion, a PE ratio of 19.53, a price-to-earnings-growth ratio of 1.31 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.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping analysts’ consensus estimates 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 firm earned $2.61 EPS. T-Mobile US’s revenue was up 8.9% on a year-over-year basis. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a $1.02 dividend. The ex-dividend date is Friday, February 27th. This represents a $4.08 annualized dividend and a yield of 2.0%. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a report on Monday, December 15th. Barclays reduced their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a report on Friday, October 24th. Zacks Research raised T-Mobile US from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Finally, Royal Bank Of Canada reissued a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Company Profile

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.