Pinion Investment Advisors LLC Sells 483 Shares of T-Mobile US, Inc. $TMUS

Pinion Investment Advisors LLC decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 10.2% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,253 shares of the Wireless communications provider’s stock after selling 483 shares during the quarter. Pinion Investment Advisors LLC’s holdings in T-Mobile US were worth $1,013,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. WMG Financial Advisors LLC grew its stake in shares of T-Mobile US by 25.1% during the second quarter. WMG Financial Advisors LLC now owns 1,057 shares of the Wireless communications provider’s stock valued at $252,000 after buying an additional 212 shares during the last quarter. Verde Servicos Internacionais S.A. bought a new position in shares of T-Mobile US during the second quarter valued at approximately $12,985,000. McKinley Carter Wealth Services Inc. bought a new position in shares of T-Mobile US during the second quarter valued at approximately $1,882,000. Coordinated Financial Services Inc. bought a new position in shares of T-Mobile US during the second quarter valued at approximately $619,000. Finally, IFP Advisors Inc grew its stake in shares of T-Mobile US by 224.7% during the second quarter. IFP Advisors Inc now owns 15,295 shares of the Wireless communications provider’s stock valued at $3,718,000 after buying an additional 10,584 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $224.60, for a total transaction of $14,470,079.60. Following the completion of the sale, the director owned 628,168,603 shares in the company, valued at approximately $141,086,668,233.80. This represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders sold 2,434,575 shares of company stock worth $588,274,010. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Stock Down 0.2%

T-Mobile US stock opened at $226.21 on Friday. The business has a fifty day moving average of $243.52 and a two-hundred day moving average of $243.23. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The firm has a market cap of $254.58 billion, a P/E ratio of 21.34, a P/E/G ratio of 1.48 and a beta of 0.59. T-Mobile US, Inc. has a twelve month low of $208.39 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the business earned $2.49 earnings per share. T-Mobile US’s revenue was up 6.9% on a year-over-year basis. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is currently 38.49%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on TMUS shares. Rothschild Redb raised T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Raymond James Financial raised T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. Wolfe Research dropped their price objective on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 30th. Weiss Ratings reissued a “buy (b)” rating on shares of T-Mobile US in a research note on Wednesday. Finally, Royal Bank Of Canada increased their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $264.29.

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.