T-Mobile US, Inc. $TMUS Shares Sold by Bokf Na

Bokf Na reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 7.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 27,785 shares of the Wireless communications provider’s stock after selling 2,366 shares during the quarter. Bokf Na’s holdings in T-Mobile US were worth $6,651,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Allworth Financial LP lifted its position in T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock valued at $1,556,000 after purchasing an additional 810 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in T-Mobile US by 4.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock worth $107,884,000 after purchasing an additional 19,486 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its stake in shares of T-Mobile US by 7.8% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock valued at $49,014,000 after purchasing an additional 14,800 shares during the period. Varma Mutual Pension Insurance Co increased its stake in shares of T-Mobile US by 8.8% in the third quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock valued at $19,849,000 after purchasing an additional 6,700 shares during the period. Finally, Xponance Inc. raised its holdings in shares of T-Mobile US by 17.7% during the third quarter. Xponance Inc. now owns 80,749 shares of the Wireless communications provider’s stock valued at $19,330,000 after buying an additional 12,143 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS opened at $214.37 on Friday. The company has a market capitalization of $236.21 billion, a price-to-earnings ratio of 22.08, a price-to-earnings-growth ratio of 1.38 and a beta of 0.43. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $272.60. The business has a 50 day moving average price of $203.80 and a two-hundred day moving average price of $215.00.

Insider Buying and Selling

In related news, Director Raul Marcelo Claure sold 550,000 shares of T-Mobile US stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the transaction, the director directly owned 891,204 shares of the company’s stock, valued at $193,899,254.28. The trade was a 38.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction dated 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 completion of 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on TMUS shares. TD Cowen decreased their price objective on T-Mobile US from $263.00 to $252.00 and set a “buy” rating for the company in a report on Thursday, February 12th. Weiss Ratings downgraded T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, January 12th. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 2nd. Zacks Research raised T-Mobile US from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $257.09.

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.