Thoroughbred Financial Services LLC Sells 3,446 Shares of T-Mobile US, Inc. $TMUS

Thoroughbred Financial Services LLC lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 59.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,327 shares of the Wireless communications provider’s stock after selling 3,446 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in T-Mobile US were worth $472,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TMUS. United Community Bank increased its position in shares of T-Mobile US by 131.1% during the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares in the last quarter. JDM Financial Group LLC increased its position in shares of T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Turning Point Benefit Group Inc. boosted its position in shares of T-Mobile US by 3,825.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the last quarter. Ares Financial Consulting LLC purchased a new stake in shares of T-Mobile US during the fourth quarter valued at $38,000. Finally, WHI TRUST Co LLC purchased a new stake in shares of T-Mobile US during the fourth quarter valued at $41,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 0.8%

T-Mobile US stock opened at $187.53 on Friday. The stock has a market cap of $202.94 billion, a PE ratio of 19.95, a price-to-earnings-growth ratio of 1.09 and a beta of 0.33. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $261.56. The stock has a fifty day moving average of $196.33 and a 200 day moving average of $201.73.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The company had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.T-Mobile US’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.58 earnings per share. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio is 43.40%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the transaction, the director directly owned 1,038 shares in the company, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andre Almeida purchased 5,097 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 13,090 shares of company stock valued at $2,618,500. 0.37% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on TMUS. KeyCorp raised T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective on the stock in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft dropped their price objective on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price objective on the stock in a research report on Wednesday, April 29th. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Finally, Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective on the stock in a research report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $260.48.

T-Mobile US Company Profile

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.