Cetera Trust Company N.A Has $2.62 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Cetera Trust Company N.A decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,873 shares of the Wireless communications provider’s stock after selling 65 shares during the period. T-Mobile US accounts for 1.7% of Cetera Trust Company N.A’s investment portfolio, making the stock its 13th biggest holding. Cetera Trust Company N.A’s holdings in T-Mobile US were worth $2,621,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Thrivent Financial for Lutherans increased its stake in T-Mobile US by 1.0% in the second quarter. Thrivent Financial for Lutherans now owns 77,358 shares of the Wireless communications provider’s stock valued at $13,630,000 after acquiring an additional 775 shares during the period. EverSource Wealth Advisors LLC grew its stake in T-Mobile US by 23.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,290 shares of the Wireless communications provider’s stock worth $235,000 after buying an additional 246 shares during the last quarter. Bank of Montreal Can grew its stake in T-Mobile US by 10.7% during the second quarter. Bank of Montreal Can now owns 1,012,878 shares of the Wireless communications provider’s stock worth $180,125,000 after buying an additional 97,732 shares during the last quarter. Resources Management Corp CT ADV grew its stake in T-Mobile US by 6.7% during the second quarter. Resources Management Corp CT ADV now owns 27,065 shares of the Wireless communications provider’s stock worth $4,768,000 after buying an additional 1,702 shares during the last quarter. Finally, Distillate Capital Partners LLC bought a new stake in T-Mobile US during the second quarter worth about $41,860,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.3 %

Shares of T-Mobile US stock opened at $218.83 on Wednesday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. 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 capitalization of $253.95 billion, a PE ratio of 24.99, a price-to-earnings-growth ratio of 1.09 and a beta of 0.56. The firm’s 50 day moving average is $228.16 and its 200 day moving average is $211.26.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results 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. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.82 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now owns 5,021 shares in the company, valued at $1,241,140.99. The trade was a 16.61 % decrease in their position. 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 20,000 shares of the business’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the transaction, the chief financial officer now owns 61,307 shares in the company, valued at $14,318,249.85. The trade was a 24.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 164,200 shares of company stock worth $37,407,303. Company insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Oppenheimer increased their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Citigroup increased their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Raymond James lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Finally, Evercore ISI increased their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $245.74.

T-Mobile US Company 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.