LVW Advisors LLC Decreases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

LVW Advisors LLC decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,022 shares of the Wireless communications provider’s stock after selling 81 shares during the quarter. LVW Advisors LLC’s holdings in T-Mobile US were worth $226,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Thrivent Financial for Lutherans boosted its holdings in T-Mobile US by 1.0% during the second quarter. Thrivent Financial for Lutherans now owns 77,358 shares of the Wireless communications provider’s stock worth $13,630,000 after buying an additional 775 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of T-Mobile US by 23.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,290 shares of the Wireless communications provider’s stock worth $235,000 after acquiring an additional 246 shares in the last quarter. Bank of Montreal Can grew its holdings in shares of T-Mobile US by 10.7% in the 2nd quarter. Bank of Montreal Can now owns 1,012,878 shares of the Wireless communications provider’s stock worth $180,125,000 after acquiring an additional 97,732 shares during the period. Resources Management Corp CT ADV increased its stake in T-Mobile US by 6.7% in the 2nd quarter. Resources Management Corp CT ADV now owns 27,065 shares of the Wireless communications provider’s stock valued at $4,768,000 after purchasing an additional 1,702 shares in the last quarter. Finally, Distillate Capital Partners LLC acquired a new position in T-Mobile US during the second quarter worth $41,860,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, Director Raul Marcelo Claure sold 110,000 shares of the stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This trade represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 164,200 shares of company stock valued at $37,407,303 over the last 90 days. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $219.49 on Wednesday. The business’s fifty day moving average price is $228.55 and its 200 day moving average price is $210.98. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $254.72 billion, a P/E ratio of 25.03, a PEG ratio of 1.09 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.82 EPS. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.60%. T-Mobile US’s dividend payout ratio is currently 40.14%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of research analyst reports. Sanford C. Bernstein began coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target for the company. Evercore ISI upped their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. Royal Bank of Canada cut T-Mobile US from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $255.00 to $240.00 in a report on Monday, January 6th. Finally, Scotiabank boosted their price target on T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

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.