Orion Capital Management LLC Sells 100 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Orion Capital Management LLC trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.8% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 3,460 shares of the Wireless communications provider’s stock after selling 100 shares during the quarter. Orion Capital Management LLC’s holdings in T-Mobile US were worth $555,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. BluePath Capital Management LLC acquired a new stake in shares of T-Mobile US in the 3rd quarter valued at approximately $26,000. Valley National Advisers Inc. grew its position in T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 123 shares during the last quarter. Baker Avenue Asset Management LP grew its position in T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC bought a new position in T-Mobile US in the fourth quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. increased its stake in shares of T-Mobile US by 54.5% in the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 90 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 6,655 shares of T-Mobile US stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the transaction, the insider now owns 126,616 shares in the company, valued at approximately $20,414,297.68. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, insider Michael J. Katz sold 6,655 shares of the business’s stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $161.23, for a total transaction of $1,072,985.65. Following the transaction, the insider now directly owns 126,616 shares in the company, valued at approximately $20,414,297.68. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $161.38, for a total value of $31,454,575.80. Following the completion of the transaction, the director now owns 688,176,641 shares in the company, valued at $111,057,946,324.58. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,980,169 shares of company stock worth $970,759,660. Insiders own 0.70% of the company’s stock.

T-Mobile US Trading Up 1.4 %

Shares of NASDAQ TMUS traded up $2.27 during midday trading on Wednesday, hitting $166.44. The company’s stock had a trading volume of 3,311,507 shares, compared to its average volume of 4,527,549. The business’s 50 day moving average is $162.63 and its two-hundred day moving average is $157.50. The firm has a market cap of $195.04 billion, a P/E ratio of 22.57, a price-to-earnings-growth ratio of 0.64 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 current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. As a group, equities research analysts expect that T-Mobile US, Inc. will post 9 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.56%. T-Mobile US’s payout ratio is currently 35.37%.

Wall Street Analyst Weigh In

TMUS has been the topic of several analyst reports. Wells Fargo & Company upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research report on Wednesday, April 3rd. TD Cowen lowered their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Finally, Tigress Financial raised their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Buy” and a consensus price target of $186.33.

T-Mobile US 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.