Aptus Capital Advisors LLC Sells 16,715 Shares of T-Mobile US, Inc. $TMUS

Aptus Capital Advisors LLC trimmed its position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 17.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 79,389 shares of the Wireless communications provider’s stock after selling 16,715 shares during the quarter. Aptus Capital Advisors LLC’s holdings in T-Mobile US were worth $16,119,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sei Investments Co. boosted its holdings 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 worth $33,972,000 after acquiring an additional 8,491 shares during the period. Diversify Advisory Services LLC boosted its holdings 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 worth $1,147,000 after acquiring an additional 3,454 shares during the period. Darwin Wealth Management LLC bought a new position in shares of T-Mobile US in the second quarter worth $375,000. Raymond James Financial Inc. boosted its holdings 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 worth $489,420,000 after acquiring an additional 9,568 shares during the period. Finally, Viking Global Investors LP boosted its holdings 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 worth $677,925,000 after acquiring an additional 1,279,422 shares during the period. 42.49% of the stock is owned by institutional investors.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

Insider Buying and Selling

In related news, insider Michael J. Katz sold 5,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the sale, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. The trade was a 2.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is currently owned by company insiders.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $189.10 on Monday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a 52-week low of $174.02 and a 52-week high of $261.56. The company has a market capitalization of $204.64 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 1.10 and a beta of 0.31. The business’s fifty day moving average is $191.00 and its 200 day moving average is $199.64.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 last year, the business posted $2.58 earnings per share. The firm’s revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 29th were given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of analyst reports. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a report on Wednesday, April 8th. TD Cowen raised their price target on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price target for the company in a report on Wednesday, April 29th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Finally, Citigroup raised their price target on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $260.48.

View Our Latest Report on TMUS

About T-Mobile US

(Free Report)

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.

See Also

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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