Dana Investment Advisors Inc. Sells 3,498 Shares of T-Mobile US, Inc. $TMUS

Dana Investment Advisors Inc. reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,317 shares of the Wireless communications provider’s stock after selling 3,498 shares during the period. Dana Investment Advisors Inc.’s holdings in T-Mobile US were worth $11,841,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. United Community Bank boosted its stake in shares of T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the period. JDM Financial Group LLC boosted its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares during the period. Turning Point Benefit Group Inc. boosted its stake in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Cloud Capital Management LLC bought a new stake in shares of T-Mobile US in the third quarter valued at approximately $38,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of T-Mobile US in the fourth quarter valued at approximately $38,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently issued reports on TMUS shares. JPMorgan Chase & Co. cut their price target on T-Mobile US from $300.00 to $275.00 and set an “overweight” rating for the company in a research note on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their price target on T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research note on Thursday, April 30th. Royal Bank Of Canada cut their target price on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a research note on Wednesday, April 29th. Arete Research raised their target price on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Finally, TD Cowen raised their target price on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Insider Buying and Selling

In other news, CFO Peter Osvaldik sold 27,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the transaction, the chief financial officer directly owned 51,573 shares in the company, valued at approximately $11,080,974.78. This represents a 34.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director G Michael Sievert sold 80,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $214.94, for a total value of $17,195,200.00. Following the completion of the transaction, the director owned 140,696 shares of the company’s stock, valued at $30,241,198.24. The trade was a 36.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 149,134 shares of company stock worth $32,163,349 in the last ninety days. Insiders own 0.37% of the company’s stock.

T-Mobile US Trading Down 1.6%

Shares of TMUS stock opened at $185.22 on Friday. The stock’s fifty day moving average price is $201.37 and its two-hundred day moving average price is $203.07. The company has a market cap of $200.45 billion, a PE ratio of 19.70, a P/E/G ratio of 1.09 and a beta of 0.33. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $261.56. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business posted $2.58 EPS. Equities analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th 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 is Friday, May 29th. T-Mobile US’s dividend payout ratio is presently 43.40%.

About T-Mobile US

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.