T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 78,649 shares of the Wireless communications provider’s stock after selling 4,539 shares during the period. Yousif Capital Management LLC’s holdings in T-Mobile US were worth $12,610,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US in the third quarter valued at approximately $26,000. Valley National Advisers Inc. boosted its stake in shares of 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 purchasing an additional 123 shares during the period. Baker Avenue Asset Management LP boosted its stake in shares of 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 purchasing an additional 81 shares during the period. Bay Harbor Wealth Management LLC acquired a new stake in T-Mobile US in the fourth quarter valued at $34,000. Finally, Raleigh Capital Management Inc. raised its holdings in 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 acquiring an additional 90 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on TMUS. Royal Bank of Canada reissued an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a report on Wednesday, March 20th. Morgan Stanley raised their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Tigress Financial upped their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Raymond James raised their price objective 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. Finally, Citigroup increased their price target on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. 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 stock. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $185.93.

Insider Activity at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total value of $6,442,000.00. Following the sale, the chief executive officer now owns 496,036 shares in the company, valued at approximately $79,886,597.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total transaction of $6,442,000.00. Following the completion of the sale, the chief executive officer now owns 496,036 shares of the company’s stock, valued at approximately $79,886,597.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Callie R. Field sold 5,844 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now owns 102,555 shares in the company, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. In the last three months, insiders sold 5,995,889 shares of company stock worth $972,451,611. 0.70% of the stock is owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $1.00 during midday trading on Wednesday, reaching $164.25. 2,736,462 shares of the company traded hands, compared to its average volume of 4,476,675. The stock’s 50-day simple moving average is $162.33 and its 200-day simple moving average is $156.71. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The firm has a market cap of $194.94 billion, a PE ratio of 23.59, a PEG ratio of 0.66 and a beta of 0.49.

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

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be given a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. T-Mobile US’s dividend payout ratio is presently 37.52%.

T-Mobile US Company 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.