WD Rutherford LLC Sells 10,712 Shares of T-Mobile US, Inc. $TMUS

WD Rutherford LLC decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 53.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,242 shares of the Wireless communications provider’s stock after selling 10,712 shares during the period. WD Rutherford LLC’s holdings in T-Mobile US were worth $1,941,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. JDM Financial Group LLC raised its holdings in shares of T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the last quarter. Swiss RE Ltd. acquired a new position in T-Mobile US during the 4th quarter valued at about $29,000. Turning Point Benefit Group Inc. increased its holdings in T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Acumen Wealth Advisors LLC bought a new stake in T-Mobile US during the 4th quarter worth approximately $36,000. Finally, United Community Bank raised its stake in shares of T-Mobile US by 78.8% in the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Activity at T-Mobile US

In other news, insider Michael J. Katz sold 5,000 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This represents a 2.67% 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, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total transaction of $911,810.00. Following the sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. The trade was a 2.16% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is owned by company insiders.

T-Mobile US Stock Up 3.2%

TMUS stock opened at $173.06 on Thursday. The stock’s fifty day simple moving average is $186.68 and its two-hundred day simple moving average is $197.34. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a 1-year low of $165.66 and a 1-year high of $261.56. The stock has a market cap of $187.29 billion, a P/E ratio of 18.41, a P/E/G ratio of 0.98 and a beta of 0.33.

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

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Friday, August 28th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, August 28th. This represents a $4.08 annualized dividend and a yield of 2.4%. T-Mobile US’s dividend payout ratio is presently 43.40%.

Analyst Ratings Changes

A number of research firms have recently weighed in on TMUS. Citigroup raised their target price on T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. The Goldman Sachs Group reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Finally, DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $260.27.

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.