Calamos Advisors LLC Has $60.87 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Calamos Advisors LLC lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% in the fourth quarter, HoldingsChannel reports. The firm owned 379,640 shares of the Wireless communications provider’s stock after selling 1,518 shares during the period. Calamos Advisors LLC’s holdings in T-Mobile US were worth $60,868,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. BluePath Capital Management LLC acquired a new position in T-Mobile US during the third quarter valued at approximately $26,000. Valley National Advisers Inc. increased its holdings in shares of T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares in the last quarter. Baker Avenue Asset Management LP increased its holdings in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after buying an additional 81 shares in the last quarter. SkyView Investment Advisors LLC acquired a new position in shares of T-Mobile US during the first quarter worth $31,000. Finally, Bay Harbor Wealth Management LLC acquired a new position in shares of T-Mobile US during the fourth quarter worth $34,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

TMUS traded up $0.76 on Thursday, hitting $160.85. The company’s stock had a trading volume of 3,166,586 shares, compared to its average volume of 4,508,769. The company’s 50 day simple moving average is $162.28 and its 200-day simple moving average is $155.91. The firm has a market cap of $190.91 billion, a P/E ratio of 23.10, a price-to-earnings-growth ratio of 0.65 and a beta of 0.49. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.18 earnings per share. Analysts forecast that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.62%. T-Mobile US’s payout ratio is 37.52%.

Insider Activity

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $163.22, for a total transaction of $489,660.00. Following the completion of the sale, the insider now owns 125,687 shares in the company, valued at approximately $20,514,632.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $164.85, for a total transaction of $32,130,913.50. Following the completion of the sale, the director now owns 690,905,381 shares of the company’s stock, valued at approximately $113,895,752,057.85. The disclosure for this sale can be found here. Insiders have sold 5,835,666 shares of company stock worth $947,456,630 in the last three months. Company insiders own 0.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on TMUS shares. Raymond James upped their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. KeyCorp cut their price objective on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research report on Friday, January 26th. Benchmark reissued a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Morgan Stanley increased their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $184.00 price objective on shares of T-Mobile US in a research report on Wednesday, March 20th. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $185.93.

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.