Anfield Capital Management LLC reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 92.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 457 shares of the Wireless communications provider’s stock after selling 5,230 shares during the quarter. Anfield Capital Management LLC’s holdings in T-Mobile US were worth $109,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Howard Hughes Medical Institute bought a new stake in shares of T-Mobile US during the second quarter valued at approximately $25,000. United Community Bank lifted its position in shares of T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 59 shares during the period. Elevation Wealth Partners LLC lifted its position in shares of T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 76 shares during the period. Aspect Partners LLC boosted its stake in T-Mobile US by 112.1% in the 2nd 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 in the last quarter. Finally, CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US in the 2nd quarter valued at $31,000. Institutional investors own 42.49% of the company’s stock.
T-Mobile US Stock Performance
Shares of TMUS opened at $217.09 on Friday. The stock has a market capitalization of $239.20 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 1.38 and a beta of 0.44. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $276.49. The firm has a fifty day simple moving average of $200.69 and a 200 day simple moving average of $217.29. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45.
T-Mobile US Dividend Announcement
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on the stock. Morgan Stanley dropped their target price on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. BNP Paribas Exane reduced their price objective on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Argus lowered their target price on T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a research note on Tuesday, December 9th. Weiss Ratings lowered T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, January 12th. Finally, Wolfe Research reaffirmed an “outperform” rating and issued a $255.00 price target on shares of T-Mobile US in a research note on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $257.09.
Get Our Latest Analysis on T-Mobile US
Insider Buying and Selling at T-Mobile US
In other T-Mobile US news, insider Mark Wolfe Nelson sold 2,329 shares of the stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $222.38, for a total value of $517,923.02. Following the completion of the sale, the insider owned 65,677 shares in the company, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the completion of the sale, the director owned 891,204 shares of the company’s stock, valued at $193,899,254.28. This trade represents a 38.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 692,300 shares of company stock valued at $150,426,595 in the last ninety days. Insiders own 0.37% of the company’s stock.
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.
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