WD Rutherford LLC Sells 122 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

WD Rutherford LLC lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 24,213 shares of the Wireless communications provider’s stock after selling 122 shares during the period. T-Mobile US accounts for 2.4% of WD Rutherford LLC’s holdings, making the stock its 16th biggest position. WD Rutherford LLC’s holdings in T-Mobile US were worth $3,980,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in TMUS. Morgan Stanley increased its position in T-Mobile US by 0.9% during the 3rd quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock worth $1,576,332,000 after buying an additional 104,490 shares during the period. Royal Bank of Canada increased its position in T-Mobile US by 7.1% during the 3rd quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after buying an additional 693,443 shares during the period. Invesco Ltd. increased its position in T-Mobile US by 0.6% during the 3rd quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock worth $1,074,920,000 after buying an additional 45,196 shares during the period. California Public Employees Retirement System increased its position in T-Mobile US by 10.1% during the 4th quarter. California Public Employees Retirement System now owns 3,455,969 shares of the Wireless communications provider’s stock worth $554,096,000 after buying an additional 316,617 shares during the period. Finally, Clearbridge Investments LLC increased its position in T-Mobile US by 243.9% during the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after buying an additional 2,071,489 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, insider Michael J. Katz sold 6,655 shares of the company’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the transaction, the insider now directly owns 126,616 shares in the company, valued at approximately $20,414,297.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michael J. Katz sold 6,655 shares of the stock in a transaction that occurred on Friday, February 16th. The stock was sold at an average price of $161.23, for a total value of $1,072,985.65. Following the completion of the sale, the insider now owns 126,616 shares of the company’s stock, valued at approximately $20,414,297.68. The disclosure for this sale can be found here. In the last three months, insiders sold 6,180,319 shares of company stock worth $1,002,629,987. 0.70% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on TMUS. KeyCorp raised their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday. Royal Bank of Canada lifted their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research note on Friday, January 26th. Citigroup lifted their price target on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Finally, TD Cowen lowered their price objective on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average target price of $186.33.

T-Mobile US Stock Down 0.1 %

Shares of NASDAQ:TMUS opened at $163.96 on Friday. The stock has a market cap of $194.60 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. 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 is $162.51 and its 200 day moving average is $156.98.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the company posted $1.58 EPS. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 8.83 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s dividend payout ratio is currently 35.37%.

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.