C WorldWide Group Holding A S Has $2.60 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

C WorldWide Group Holding A S decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 13.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,195 shares of the Wireless communications provider’s stock after selling 2,577 shares during the quarter. C WorldWide Group Holding A S’s holdings in T-Mobile US were worth $2,597,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Valley National Advisers Inc. boosted its stake in T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares in the last quarter. BluePath Capital Management LLC acquired a new position in T-Mobile US in the third quarter worth $26,000. Baker Avenue Asset Management LP boosted its stake 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 worth $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC acquired a new position in T-Mobile US in the fourth quarter worth $34,000. Finally, Raleigh Capital Management Inc. boosted its stake 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 worth $36,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.1 %

NASDAQ TMUS traded down $0.09 on Friday, reaching $163.96. The company had a trading volume of 7,969,001 shares, compared to its average volume of 3,837,128. The stock’s 50 day moving average is $162.51 and its 200-day moving average is $156.98. The stock has a market cap of $194.60 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49. 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, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The business had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The firm’s revenue was down .2% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.58 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 8.83 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued 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 1.59%. T-Mobile US’s dividend payout ratio (DPR) is currently 35.37%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. TD Cowen reduced their price objective on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday. Royal Bank of Canada upped their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday. Morgan Stanley upped their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Tigress Financial upped their price target on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Citigroup upped their price target on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. One investment analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $186.33.

Insiders Place Their Bets

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares in the company, valued at $17,274,364.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, CEO G Michael Sievert sold 40,000 shares of the stock in a transaction dated 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 transaction, the chief executive officer now directly owns 496,036 shares in the company, valued at $79,886,597.80. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Callie R. Field sold 5,844 shares of the stock in a transaction dated 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 of the company’s stock, valued at $17,274,364.20. The disclosure for this sale can be found here. Insiders sold 6,180,319 shares of company stock worth $1,002,629,987 over the last ninety days. 0.70% of the stock is currently owned by corporate insiders.

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.