ASR Vermogensbeheer N.V. Sells 2,805 Shares of T-Mobile US, Inc. $TMUS

ASR Vermogensbeheer N.V. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% in the third quarter, HoldingsChannel.com reports. The fund owned 144,441 shares of the Wireless communications provider’s stock after selling 2,805 shares during the quarter. ASR Vermogensbeheer N.V.’s holdings in T-Mobile US were worth $34,575,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Signal Advisors Wealth LLC bought a new stake in shares of T-Mobile US in the second quarter worth about $676,000. Swedbank AB increased its position in T-Mobile US by 4.4% during the second quarter. Swedbank AB now owns 286,034 shares of the Wireless communications provider’s stock valued at $68,150,000 after acquiring an additional 12,144 shares during the last quarter. Atticus Wealth Management LLC lifted its stake in T-Mobile US by 119.3% in the second quarter. Atticus Wealth Management LLC now owns 307 shares of the Wireless communications provider’s stock worth $73,000 after purchasing an additional 167 shares during the last quarter. NorthCrest Asset Manangement LLC purchased a new position in T-Mobile US during the 2nd quarter valued at $284,000. Finally, Fulton Bank N.A. grew its holdings in shares of T-Mobile US by 18.3% in the second quarter. Fulton Bank N.A. now owns 3,862 shares of the Wireless communications provider’s stock worth $920,000 after purchasing an additional 597 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $186.32 on Friday. T-Mobile US, Inc. has a 12 month low of $185.18 and a 12 month high of $276.49. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The stock has a 50 day moving average of $202.79 and a two-hundred day moving average of $224.38. The firm has a market cap of $208.40 billion, a P/E ratio of 17.92, a price-to-earnings-growth ratio of 1.05 and a beta of 0.45.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same period in the prior year, the business earned $2.61 earnings per share. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. On average, analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have commented on TMUS. Wolfe Research reduced their price objective on T-Mobile US from $290.00 to $253.00 and set an “outperform” rating on the stock in a report on Monday, December 15th. Moffett Nathanson upped their price target on T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research report on Thursday, October 2nd. Daiwa Capital Markets decreased their price objective on shares of T-Mobile US from $240.00 to $230.00 and set a “neutral” rating for the company in a research report on Tuesday, October 28th. The Goldman Sachs Group dropped their price target on T-Mobile US from $287.00 to $251.00 and set a “buy” rating on the stock in a research note on Friday, December 12th. Finally, Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $259.56.

Insider Activity

In other news, Director G Michael Sievert sold 22,500 shares of the stock in a transaction on Monday, November 17th. The stock was sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the transaction, the director directly owned 308,696 shares in the company, valued at approximately $66,977,771.12. This represents a 6.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 2,500 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. The trade was a 1.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 335,193 shares of company stock valued at $74,665,129 over the last three months. 0.37% of the stock is currently owned by company insiders.

T-Mobile US 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.