Dana Investment Advisors Inc. Has $11.84 Million Stock Position in T-Mobile US, Inc. $TMUS

Dana Investment Advisors Inc. lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 58,317 shares of the Wireless communications provider’s stock after selling 3,498 shares during the quarter. Dana Investment Advisors Inc.’s holdings in T-Mobile US were worth $11,841,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. Sei Investments Co. increased its position in shares of T-Mobile US by 6.3% in the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after acquiring an additional 8,491 shares during the last quarter. Diversify Advisory Services LLC increased its position in shares of T-Mobile US by 315.7% in the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock valued at $1,147,000 after acquiring an additional 3,454 shares during the last quarter. Darwin Wealth Management LLC acquired a new stake in shares of T-Mobile US in the second quarter valued at about $375,000. Raymond James Financial Inc. increased its position in shares of T-Mobile US by 0.5% in the second quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after acquiring an additional 9,568 shares during the last quarter. Finally, Viking Global Investors LP increased its position in shares of T-Mobile US by 81.7% in the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after acquiring an additional 1,279,422 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, insider Mark Wolfe Nelson sold 10,240 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $220.80, for a total value of $2,260,992.00. Following the transaction, the insider owned 74,280 shares of the company’s stock, valued at approximately $16,401,024. This represents a 12.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director G Michael Sievert sold 80,000 shares of the company’s stock in a transaction that occurred 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 directly owned 140,696 shares in the company, valued at $30,241,198.24. The trade was a 36.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 149,134 shares of company stock valued at $32,163,349 in the last ninety days. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $185.22 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The stock’s 50 day moving average price is $201.37 and its two-hundred day moving average price is $203.07. The firm has a market capitalization of $200.45 billion, a price-to-earnings ratio of 19.70, a P/E/G ratio of 1.09 and a beta of 0.33. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $261.56.

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

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a $1.02 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is presently 43.40%.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent analyst reports. Royal Bank Of Canada lowered their price target on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 29th. JPMorgan Chase & Co. dropped their price objective on T-Mobile US from $300.00 to $275.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 29th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, May 6th. TD Cowen upped their price objective on T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Finally, Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.

T-Mobile US Company 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.