T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by James Investment Research Inc.

James Investment Research Inc. decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,079 shares of the Wireless communications provider’s stock after selling 399 shares during the period. T-Mobile US accounts for approximately 0.9% of James Investment Research Inc.’s investment portfolio, making the stock its 28th largest position. James Investment Research Inc.’s holdings in T-Mobile US were worth $7,964,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in TMUS. DT Investment Partners LLC raised its holdings in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. Dunhill Financial LLC increased its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC raised its stake in shares of T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. Financial Life Planners acquired a new position in shares of T-Mobile US in the 4th quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US during the 3rd quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 3,100 shares of company stock worth $747,378 in the last ninety days. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Stock Up 2.2 %

Shares of NASDAQ TMUS opened at $270.82 on Friday. The business has a 50-day moving average of $227.66 and a two-hundred day moving average of $218.37. The company has a market capitalization of $309.21 billion, a price-to-earnings ratio of 28.01, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $271.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on TMUS. Benchmark restated a “buy” rating and set a $255.00 price target on shares of T-Mobile US in a research note on Tuesday, January 28th. Morgan Stanley initiated coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Daiwa America raised T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Oppenheimer increased their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Finally, Tigress Financial lifted their price objective on shares of T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $251.79.

About T-Mobile US

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.