Caliber Wealth Management LLC KS Has $827,000 Stake in T-Mobile US, Inc. $TMUS

Caliber Wealth Management LLC KS reduced its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 75.3% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,454 shares of the Wireless communications provider’s stock after selling 10,538 shares during the quarter. Caliber Wealth Management LLC KS’s holdings in T-Mobile US were worth $827,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of TMUS. Blair William & Co. IL raised its position in T-Mobile US by 9.4% during the second quarter. Blair William & Co. IL now owns 11,239 shares of the Wireless communications provider’s stock valued at $2,678,000 after buying an additional 970 shares during the period. Cyndeo Wealth Partners LLC grew its stake in T-Mobile US by 14.2% during the 2nd quarter. Cyndeo Wealth Partners LLC now owns 1,888 shares of the Wireless communications provider’s stock valued at $450,000 after acquiring an additional 235 shares in the last quarter. Aberdeen Group plc increased its holdings in shares of T-Mobile US by 2.9% in the 2nd quarter. Aberdeen Group plc now owns 353,758 shares of the Wireless communications provider’s stock valued at $84,286,000 after purchasing an additional 9,928 shares during the period. Trust Co. of Toledo NA OH lifted its position in shares of T-Mobile US by 26.5% in the second quarter. Trust Co. of Toledo NA OH now owns 1,607 shares of the Wireless communications provider’s stock worth $383,000 after purchasing an additional 337 shares in the last quarter. Finally, 1858 Wealth Management LLC boosted its holdings in shares of T-Mobile US by 6.5% during the second quarter. 1858 Wealth Management LLC now owns 2,344 shares of the Wireless communications provider’s stock worth $558,000 after purchasing an additional 143 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 2,500 shares of T-Mobile US stock in a transaction on Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the transaction, the insider owned 156,203 shares in the company, valued at $33,725,789.73. This trade represents a 1.58% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director G Michael Sievert sold 22,500 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the sale, the director owned 308,696 shares of the company’s stock, valued at $66,977,771.12. This trade represents a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 51,457 shares of company stock worth $11,149,636 over the last 90 days. Insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the subject of a number of research analyst reports. BNP Paribas Exane cut their target price on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 2nd. Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Williams Trading set a $263.00 target price on T-Mobile US in a research report on Friday, October 24th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $256.78.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $197.35 on Monday. The stock has a market capitalization of $220.74 billion, a P/E ratio of 18.98, a P/E/G ratio of 1.09 and a beta of 0.44. The business has a 50-day moving average of $196.90 and a two-hundred day moving average of $219.84. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $276.49. 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 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 given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. T-Mobile US’s dividend payout ratio is presently 39.23%.

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.