T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Eagle Global Advisors LLC

Eagle Global Advisors LLC lowered its holdings in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 4.6% in the fourth quarter, HoldingsChannel reports. The firm owned 40,665 shares of the Wireless communications provider’s stock after selling 1,954 shares during the period. Eagle Global Advisors LLC’s holdings in T-Mobile US were worth $6,520,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in TMUS. Private Wealth Management Group LLC acquired a new position in shares of T-Mobile US during the fourth quarter valued at $27,000. Valley National Advisers Inc. raised its holdings in T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares during the period. Baker Avenue Asset Management LP lifted its holdings in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC acquired a new stake in shares of T-Mobile US during the fourth quarter worth approximately $34,000. Finally, Raleigh Capital Management Inc. raised its stake in shares of T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Up 0.6 %

Shares of NASDAQ TMUS traded up $1.03 during midday trading on Friday, reaching $166.00. The company’s stock had a trading volume of 3,722,086 shares, compared to its average volume of 4,470,581. The stock has a 50 day simple moving average of $162.52 and a 200-day simple moving average of $159.89. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $194.53 billion, a price-to-earnings ratio of 22.60, a PEG ratio of 0.64 and a beta of 0.48.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.58 earnings per share. Equities research analysts predict that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.57%. T-Mobile US’s payout ratio is 35.37%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TMUS shares. Royal Bank of Canada upped their price objective on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Morgan Stanley boosted their target price on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Oppenheimer reissued an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, KeyCorp increased their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Fourteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $186.33.

Read Our Latest Research Report on TMUS

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the completion of the transaction, the director now directly owns 686,227,541 shares in the company, valued at approximately $112,438,382,592.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the completion of the sale, the director now owns 686,227,541 shares of the company’s stock, valued at approximately $112,438,382,592.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $163.71, for a total transaction of $3,274,200.00. Following the completion of the transaction, the chief executive officer now directly owns 476,036 shares in the company, valued at $77,931,853.56. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,829,770 shares of company stock valued at $1,112,065,505. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Company Profile

(Free Report)

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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