T-Mobile US, Inc. $TMUS Shares Sold by Analyst IMS Investment Management Services Ltd.

Analyst IMS Investment Management Services Ltd. decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 46.3% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 6,412 shares of the Wireless communications provider’s stock after selling 5,529 shares during the period. Analyst IMS Investment Management Services Ltd.’s holdings in T-Mobile US were worth $1,302,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Aspiriant LLC boosted its stake in T-Mobile US by 14.2% in the 4th quarter. Aspiriant LLC now owns 1,694 shares of the Wireless communications provider’s stock worth $344,000 after buying an additional 210 shares during the last quarter. Louisbourg Investments Inc. lifted its holdings in shares of T-Mobile US by 53.5% during the 4th quarter. Louisbourg Investments Inc. now owns 41,923 shares of the Wireless communications provider’s stock worth $8,512,000 after acquiring an additional 14,604 shares during the period. Heck Capital Advisors LLC boosted its position in shares of T-Mobile US by 2.7% in the fourth quarter. Heck Capital Advisors LLC now owns 2,959 shares of the Wireless communications provider’s stock worth $601,000 after acquiring an additional 77 shares during the last quarter. Tempus Wealth Planning LLC boosted its position in shares of T-Mobile US by 7.3% in the fourth quarter. Tempus Wealth Planning LLC now owns 3,296 shares of the Wireless communications provider’s stock worth $669,000 after acquiring an additional 223 shares during the last quarter. Finally, Wealth Advisory Solutions LLC purchased a new stake in T-Mobile US in the fourth quarter valued at approximately $5,016,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $201.40 on Friday. The firm’s fifty day simple moving average is $209.32 and its 200 day simple moving average is $210.70. 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, Inc. has a twelve month low of $181.36 and a twelve month high of $272.60. The firm has a market capitalization of $221.91 billion, a price-to-earnings ratio of 20.74, a PEG ratio of 1.32 and a beta of 0.43.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. T-Mobile US’s payout ratio is currently 42.02%.

Insider Buying and Selling

In related news, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer directly owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. The trade was a 34.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 3,291 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the transaction, the director owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This represents a 76.02% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 694,134 shares of company stock valued at $150,847,799. 0.37% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts recently commented on TMUS shares. Royal Bank Of Canada dropped their price target on shares of T-Mobile US from $270.00 to $255.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a research note on Thursday, February 19th. Citigroup increased their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Finally, Daiwa Securities Group upgraded 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. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $257.26.

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.