T-Mobile US, Inc. $TMUS Shares Sold by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lowered its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.7% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 155,288 shares of the Wireless communications provider’s stock after selling 16,708 shares during the period. Nisa Investment Advisors LLC’s holdings in T-Mobile US were worth $37,173,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the stock. Howard Hughes Medical Institute purchased a new position in shares of T-Mobile US during the 2nd quarter valued at approximately $25,000. Missouri Trust & Investment Co grew its position in T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Elevation Wealth Partners LLC increased its holdings in T-Mobile US by 190.0% in the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 76 shares in the last quarter. Aspect Partners LLC raised its position in shares of T-Mobile US by 112.1% in the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 65 shares during the period. Finally, CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the second quarter worth about $31,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on TMUS. The Goldman Sachs Group reduced their price target on T-Mobile US from $287.00 to $251.00 and set a “buy” rating for the company in a report on Friday, December 12th. Royal Bank Of Canada reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. UBS Group reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, December 10th. Citigroup decreased their price objective on shares of T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a report on Friday, December 19th. Finally, DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $260.17.

Insider Buying and Selling

In other news, Director G Michael Sievert sold 22,500 shares of T-Mobile US stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the transaction, the director owned 308,696 shares in the company, valued at $66,977,771.12. The trade was a 6.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Telekom Ag Deutsche sold 1,374 shares of the firm’s stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the sale, the director owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 528,471 shares of company stock worth $118,633,941 over the last quarter. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $197.91 on Friday. The firm has a 50-day simple moving average of $204.30 and a 200-day simple moving average of $226.02. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $221.36 billion, a price-to-earnings ratio of 19.03, a price-to-earnings-growth ratio of 1.15 and a beta of 0.45. T-Mobile US, Inc. has a 52 week low of $194.01 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. T-Mobile US’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.61 EPS. On average, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be paid 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 payout ratio is 39.23%.

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.