Insigneo Advisory Services LLC Has $346,000 Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Insigneo Advisory Services LLC trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 53.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,567 shares of the Wireless communications provider’s stock after selling 1,832 shares during the quarter. Insigneo Advisory Services LLC’s holdings in T-Mobile US were worth $346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Stenger Family Office LLC bought a new position in T-Mobile US during the 4th quarter worth $336,000. Evergreen Capital Management LLC lifted its stake in T-Mobile US by 10.5% during the 4th quarter. Evergreen Capital Management LLC now owns 3,690 shares of the Wireless communications provider’s stock valued at $814,000 after acquiring an additional 350 shares in the last quarter. United Capital Financial Advisors LLC lifted its position in shares of T-Mobile US by 0.4% during the 4th quarter. United Capital Financial Advisors LLC now owns 120,403 shares of the Wireless communications provider’s stock worth $26,577,000 after buying an additional 488 shares in the last quarter. Bridgewater Associates LP boosted its holdings in shares of T-Mobile US by 6.3% in the 4th quarter. Bridgewater Associates LP now owns 212,194 shares of the Wireless communications provider’s stock worth $46,838,000 after buying an additional 12,615 shares during the last quarter. Finally, Rossby Financial LCC purchased a new position in T-Mobile US in the fourth quarter valued at approximately $208,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TMUS. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Citigroup cut shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target for the company. in a research report on Friday, March 14th. Benchmark reissued a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Bank of America boosted their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Finally, Scotiabank boosted their target price on T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $256.80.

T-Mobile US Price Performance

TMUS stock opened at $262.04 on Friday. The company has a fifty day simple moving average of $261.54 and a two-hundred day simple moving average of $239.03. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $299.18 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 52 week low of $160.62 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.67% of the company’s stock.

About T-Mobile US

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.