Boston Common Asset Management LLC Has $19.54 Million Holdings in T-Mobile US, Inc. $TMUS

Boston Common Asset Management LLC lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,256 shares of the Wireless communications provider’s stock after selling 9,773 shares during the quarter. T-Mobile US accounts for about 1.0% of Boston Common Asset Management LLC’s investment portfolio, making the stock its 26th largest position. Boston Common Asset Management LLC’s holdings in T-Mobile US were worth $19,544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of TMUS. L2 Asset Management LLC lifted its holdings in T-Mobile US by 2.2% during the 2nd quarter. L2 Asset Management LLC now owns 2,082 shares of the Wireless communications provider’s stock valued at $496,000 after purchasing an additional 45 shares during the last quarter. City Holding Co. boosted its holdings in T-Mobile US by 48.4% in the third quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock valued at $34,000 after acquiring an additional 46 shares during the last quarter. New Republic Capital LLC grew its position in shares of T-Mobile US by 4.7% during the 3rd quarter. New Republic Capital LLC now owns 1,073 shares of the Wireless communications provider’s stock worth $257,000 after buying an additional 48 shares during the period. CYBER HORNET ETFs LLC grew its holdings in T-Mobile US by 3.8% during the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after acquiring an additional 48 shares during the period. Finally, Appleton Partners Inc. MA increased its holdings in T-Mobile US by 5.3% in the third quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock valued at $232,000 after purchasing an additional 49 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $213.94 on Tuesday. The company has a market cap of $235.73 billion, a price-to-earnings ratio of 22.03, a PEG ratio of 1.38 and a beta of 0.42. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $272.60. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. The stock has a fifty day moving average price of $207.76 and a 200-day moving average price of $211.30.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

Insider Buying and Selling

In related news, CFO Peter Osvaldik sold 27,000 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the sale, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Mark Wolfe Nelson sold 10,240 shares of T-Mobile US stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $220.80, for a total transaction of $2,260,992.00. Following the completion of the transaction, the insider directly owned 74,280 shares in the company, valued at $16,401,024. This trade represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Daiwa Securities Group upgraded shares of T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 target price on the stock in a report on Thursday, February 19th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday, February 13th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Finally, TD Cowen dropped their price target on T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $257.30.

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.