T-Mobile US, Inc. $TMUS Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Commonwealth of Pennsylvania Public School Empls Retrmt SYS decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 111,874 shares of the Wireless communications provider’s stock after selling 4,335 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in T-Mobile US were worth $22,715,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. United Community Bank increased its stake in T-Mobile US by 131.1% during the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the period. JDM Financial Group LLC increased its stake in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares during the period. Turning Point Benefit Group Inc. increased its stake in T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Ares Financial Consulting LLC acquired a new position in T-Mobile US during the 4th quarter valued at about $38,000. Finally, Wealth Watch Advisors INC acquired a new position in T-Mobile US during the 3rd quarter valued at about $45,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $187.53 on Monday. The firm’s 50 day moving average is $196.33 and its 200-day moving average is $201.70. The stock has a market capitalization of $202.94 billion, a P/E ratio of 19.95, a P/E/G ratio of 1.09 and a beta of 0.31. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. 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 announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.26. The company had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business’s revenue was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.58 EPS. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be paid 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 payout ratio is currently 43.40%.

Analyst Ratings Changes

Several research firms have commented on TMUS. UBS Group reissued a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Wells Fargo & Company raised their target price on shares of T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a research note on Monday, April 13th. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price on the stock in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $260.48.

Insider Buying and Selling at T-Mobile US

In other news, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer owned 217,168 shares of the company’s stock, valued at $41,261,920. The trade was a 2.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the transaction, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 13,090 shares of company stock worth $2,618,500. 0.32% of the stock is currently owned by company insiders.

About T-Mobile US

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.