T-Mobile US, Inc. $TMUS Shares Sold by Warren Street Wealth Advisors LLC

Warren Street Wealth Advisors LLC decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,118 shares of the Wireless communications provider’s stock after selling 51 shares during the period. Warren Street Wealth Advisors LLC’s holdings in T-Mobile US were worth $266,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Financial Management Professionals Inc. lifted its position in shares of T-Mobile US by 15.6% in the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider’s stock worth $81,000 after buying an additional 41 shares during the last quarter. Hohimer Wealth Management LLC lifted its position in shares of T-Mobile US by 2.3% in the first quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock worth $480,000 after buying an additional 41 shares during the last quarter. Journey Strategic Wealth LLC lifted its position in shares of T-Mobile US by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after buying an additional 41 shares during the last quarter. Angeles Wealth Management LLC lifted its position in shares of T-Mobile US by 1.2% in the first quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after buying an additional 41 shares during the last quarter. Finally, City Holding Co. lifted its position in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock worth $37,000 after buying an additional 43 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 2.6%

NASDAQ TMUS opened at $233.26 on Thursday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The stock’s 50 day moving average is $245.18 and its two-hundred day moving average is $244.51. The company has a market capitalization of $262.52 billion, a price-to-earnings ratio of 22.01, a PEG ratio of 1.31 and a beta of 0.59. T-Mobile US, Inc. has a 1-year low of $205.39 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping the consensus estimate 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 business had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the business earned $2.49 EPS. T-Mobile US’s revenue was up 6.9% compared to the same quarter last year. Equities 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio is presently 33.21%.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,415 shares of the company’s stock in a transaction on Monday, September 29th. The shares were sold at an average price of $238.11, for a total transaction of $15,337,855.65. Following the completion of the sale, the director owned 634,177,066 shares in the company, valued at approximately $151,003,901,185.26. The trade was a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last three months, insiders have sold 2,520,207 shares of company stock worth $608,126,659. Insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a research report on Monday, July 7th. Bank of America started coverage on T-Mobile US in a research note on Monday, July 7th. They issued a “neutral” rating and a $255.00 price objective on the stock. Redburn Atlantic upgraded T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective on the stock in a research note on Monday, July 7th. JPMorgan Chase & Co. lifted their price objective on T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, 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. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $262.26.

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.