T-Mobile US, Inc. $TMUS Stock Position Decreased by Phoenix Financial Ltd.

Phoenix Financial Ltd. decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 80.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,349 shares of the Wireless communications provider’s stock after selling 5,584 shares during the quarter. Phoenix Financial Ltd.’s holdings in T-Mobile US were worth $323,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Weaver Capital Management LLC lifted its holdings in shares of T-Mobile US by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after purchasing an additional 42 shares during the last quarter. Haven Private LLC increased its position in T-Mobile US by 1.3% in the second quarter. Haven Private LLC now owns 3,186 shares of the Wireless communications provider’s stock worth $759,000 after buying an additional 42 shares during the period. Richardson Financial Services Inc. increased its position in T-Mobile US by 0.9% in the second quarter. Richardson Financial Services Inc. now owns 4,899 shares of the Wireless communications provider’s stock worth $1,183,000 after buying an additional 45 shares during the period. Cetera Trust Company N.A lifted its stake in T-Mobile US by 0.4% in the second quarter. Cetera Trust Company N.A now owns 12,018 shares of the Wireless communications provider’s stock valued at $2,863,000 after buying an additional 45 shares during the last quarter. Finally, L2 Asset Management LLC boosted its holdings in shares of T-Mobile US by 2.2% during the second quarter. L2 Asset Management LLC now owns 2,082 shares of the Wireless communications provider’s stock valued at $496,000 after acquiring an additional 45 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

NASDAQ TMUS opened at $186.25 on Thursday. T-Mobile US, Inc. has a 12 month low of $181.36 and a 12 month high of $276.49. The firm has a market capitalization of $208.32 billion, a PE ratio of 17.91, a P/E/G ratio of 1.02 and a beta of 0.45. The company’s 50 day simple moving average is $198.43 and its 200 day simple moving average is $221.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s payout ratio is currently 39.23%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director G Michael Sievert sold 22,500 shares of the business’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the sale, the director directly owned 308,696 shares in the company, valued at approximately $66,977,771.12. The trade was a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 2,500 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider owned 156,203 shares of the company’s stock, valued at approximately $33,725,789.73. This trade represents a 1.58% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 51,457 shares of company stock worth $11,149,636. Corporate insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. TD Cowen reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Citigroup dropped their price target on shares of T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. Tigress Financial boosted their price objective on T-Mobile US from $305.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Finally, JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Monday, December 15th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $256.36.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.