Wolf Group Capital Advisors Sells 1,302 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Wolf Group Capital Advisors trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,332 shares of the Wireless communications provider’s stock after selling 1,302 shares during the quarter. Wolf Group Capital Advisors’ holdings in T-Mobile US were worth $1,689,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of TMUS. Tallon Kerry Patrick bought a new position in T-Mobile US during the fourth quarter worth about $2,138,000. Van ECK Associates Corp increased its position in T-Mobile US by 3.1% during the fourth quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider’s stock worth $4,603,000 after acquiring an additional 625 shares during the period. Congress Asset Management Co. bought a new position in T-Mobile US during the fourth quarter worth about $1,879,000. Principal Securities Inc. increased its holdings in T-Mobile US by 21.8% in the 4th quarter. Principal Securities Inc. now owns 12,175 shares of the Wireless communications provider’s stock valued at $2,687,000 after buying an additional 2,181 shares during the period. Finally, Sierra Ocean LLC bought a new position in T-Mobile US in the 4th quarter valued at about $73,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Trading Down 4.1%

Shares of T-Mobile US stock opened at $221.43 on Wednesday. The firm has a market capitalization of $251.42 billion, a PE ratio of 21.60, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The firm’s 50 day moving average is $245.30 and its 200 day moving average is $243.55. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Friday, August 29th. T-Mobile US’s payout ratio is 34.34%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction on Monday, June 16th. The shares were sold at an average price of $230.16, for a total value of $16,074,374.40. Following the sale, the director now directly owns 588,274,099 shares of the company’s stock, valued at approximately $135,397,166,625.84. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on TMUS shares. Citigroup lowered shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price on the stock. in a report on Friday, March 14th. Benchmark reissued a “buy” rating and issued a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Scotiabank raised shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and raised their target price for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Finally, Tigress Financial raised their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $257.68.

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.