Bfsg LLC Sells 5,108 Shares of T-Mobile US, Inc. $TMUS

Bfsg LLC cut its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 97.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120 shares of the Wireless communications provider’s stock after selling 5,108 shares during the quarter. Bfsg LLC’s holdings in T-Mobile US were worth $29,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Howard Hughes Medical Institute bought a new position in T-Mobile US during the second quarter valued at approximately $25,000. Missouri Trust & Investment Co lifted its stake in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 105 shares during the last quarter. Elevation Wealth Partners LLC boosted its position in T-Mobile US by 190.0% during the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 76 shares during the period. Aspect Partners LLC boosted its position in T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 65 shares during the period. Finally, CoreFirst Bank & Trust bought a new position in shares of T-Mobile US during the second quarter valued at about $31,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

Shares of TMUS opened at $186.32 on Tuesday. T-Mobile US, Inc. has a twelve month low of $185.18 and a twelve month high of $276.49. The firm has a 50 day moving average of $202.40 and a 200 day moving average of $223.79. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $208.40 billion, a P/E ratio of 17.92, a price-to-earnings-growth ratio of 1.02 and a beta of 0.45.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating the consensus estimate of $2.40 by $0.01. The company had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.T-Mobile US’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the firm posted $2.61 earnings per share. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be paid 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 2.2%. T-Mobile US’s payout ratio is currently 39.23%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on TMUS shares. HSBC upgraded T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 target price for the company in a report on Friday, October 24th. The Goldman Sachs Group lowered their price objective on T-Mobile US from $287.00 to $251.00 and set a “buy” rating for the company in a research report on Friday, December 12th. Hsbc Global Res raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, October 24th. Zacks Research upgraded shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Finally, UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $257.76.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the firm’s stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total value of $302,912.04. Following the transaction, the director directly owned 582,065,875 shares in the company, valued at $128,322,242,802.50. This trade represents a 0.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael J. Katz sold 2,500 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $215.91, for a total transaction of $539,775.00. Following the sale, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. The trade was a 1.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 270,767 shares of company stock worth $59,921,239. 0.37% of the stock is owned by corporate insiders.

T-Mobile US 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.