Rosenberg Matthew Hamilton Sells 90 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Rosenberg Matthew Hamilton trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,693 shares of the Wireless communications provider’s stock after selling 90 shares during the period. Rosenberg Matthew Hamilton’s holdings in T-Mobile US were worth $374,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP grew its position in shares of T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. FMR LLC grew its holdings in T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. grew its holdings in T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Legal & General Group Plc increased its stake in T-Mobile US by 6.8% in the 2nd quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider’s stock worth $837,032,000 after acquiring an additional 303,582 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of T-Mobile US by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,459,130 shares of the Wireless communications provider’s stock worth $785,667,000 after acquiring an additional 184,059 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TMUS. Bank of America raised their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Barclays lifted their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Wells Fargo & Company cut shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and decreased their target price for the company from $240.00 to $220.00 in a research report on Monday, January 6th. Tigress Financial lifted their price target on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Finally, Evercore ISI upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

T-Mobile US Trading Up 1.0 %

TMUS opened at $213.46 on Tuesday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The stock has a fifty day moving average price of $230.19 and a 200-day moving average price of $209.64. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The firm has a market cap of $247.72 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 1.18 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter last year, the firm earned $1.82 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 9.38 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 13th. Investors of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is currently 40.14%.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now directly owns 5,021 shares in the company, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold 206,969 shares of company stock worth $46,656,527 in the last three months. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Profile

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.