Sage Mountain Advisors LLC Has $272,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Sage Mountain Advisors LLC trimmed its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,696 shares of the Wireless communications provider’s stock after selling 131 shares during the period. Sage Mountain Advisors LLC’s holdings in T-Mobile US were worth $272,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Geneos Wealth Management Inc. lifted its position in shares of T-Mobile US by 299.3% in the third quarter. Geneos Wealth Management Inc. now owns 567 shares of the Wireless communications provider’s stock valued at $79,000 after buying an additional 425 shares during the last quarter. Global Retirement Partners LLC boosted its position in T-Mobile US by 15.6% during the third quarter. Global Retirement Partners LLC now owns 3,043 shares of the Wireless communications provider’s stock worth $420,000 after purchasing an additional 410 shares during the period. RFG Advisory LLC increased its holdings in shares of T-Mobile US by 1.2% in the third quarter. RFG Advisory LLC now owns 6,360 shares of the Wireless communications provider’s stock valued at $891,000 after purchasing an additional 77 shares during the last quarter. Montecito Bank & Trust raised its position in shares of T-Mobile US by 57.9% in the third quarter. Montecito Bank & Trust now owns 3,133 shares of the Wireless communications provider’s stock valued at $439,000 after purchasing an additional 1,149 shares during the period. Finally, Park Place Capital Corp lifted its stake in shares of T-Mobile US by 19.3% during the 3rd quarter. Park Place Capital Corp now owns 5,536 shares of the Wireless communications provider’s stock worth $775,000 after buying an additional 895 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the sale, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The disclosure for this sale can be found here. Insiders sold a total of 5,811,459 shares of company stock valued at $942,634,782 in the last 90 days. Corporate insiders own 0.70% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $162.36 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The stock has a market cap of $192.70 billion, a PE ratio of 23.43, a P/E/G ratio of 0.66 and a beta of 0.49. T-Mobile US, Inc. has a 12-month low of $124.92 and a 12-month high of $168.64. The business’s 50-day moving average price is $162.30 and its two-hundred day moving average price is $156.54.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). The company had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period last year, the firm posted $1.18 earnings per share. As a group, analysts expect that T-Mobile US, Inc. will post 8.95 earnings per share 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 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is 37.52%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on TMUS shares. Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. KeyCorp reduced their price target on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research note on Friday, January 26th. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Morgan Stanley boosted their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Finally, Citigroup raised their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of $185.93.

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.