First Hawaiian Bank Sells 2,575 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

First Hawaiian Bank lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 14.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 15,462 shares of the Wireless communications provider’s stock after selling 2,575 shares during the quarter. First Hawaiian Bank’s holdings in T-Mobile US were worth $3,413,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Barclays PLC grew its position in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. International Assets Investment Management LLC grew its position in T-Mobile US by 21,580.9% during the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after buying an additional 248,828 shares in the last quarter. Swedbank AB increased its stake in T-Mobile US by 5.1% during the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after acquiring an additional 12,411 shares during the period. Passumpsic Savings Bank acquired a new position in T-Mobile US in the 3rd quarter valued at $2,634,000. Finally, Raymond James Trust N.A. lifted its position in shares of T-Mobile US by 55.2% during the 3rd quarter. Raymond James Trust N.A. now owns 35,752 shares of the Wireless communications provider’s stock valued at $7,378,000 after acquiring an additional 12,712 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other T-Mobile US news, EVP Nestor Cano sold 11,100 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $1,015,300. This represents a 71.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total value of $9,249,223.94. Following the transaction, the executive vice president now directly owns 61,871 shares in the company, valued at $13,380,222.46. The trade was a 40.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 206,969 shares of company stock worth $46,656,527. 0.67% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of analyst reports. Oppenheimer boosted their price target on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Tigress Financial boosted their target price on shares of T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Citigroup upped their target price on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Scotiabank lifted their price target on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $245.74.

T-Mobile US Trading Up 1.5 %

Shares of T-Mobile US stock traded up $3.18 during midday trading on Wednesday, reaching $215.52. The company had a trading volume of 3,148,486 shares, compared to its average volume of 3,864,694. The firm has a market cap of $250.11 billion, a PE ratio of 24.57, a P/E/G ratio of 1.18 and a beta of 0.56. The stock has a fifty day moving average price of $230.95 and a 200 day moving average price of $208.61. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $1.82 earnings per share. On average, equities analysts anticipate that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.63%. T-Mobile US’s dividend payout ratio is currently 40.14%.

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.