Edmond DE Rothschild Holding S.A. Has $4.12 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Edmond DE Rothschild Holding S.A. cut its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 15.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,652 shares of the Wireless communications provider’s stock after selling 3,469 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in T-Mobile US were worth $4,117,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Wellington Management Group LLP raised its position in shares of T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares in the last quarter. Norges Bank bought a new stake in T-Mobile US in the fourth quarter worth approximately $1,802,393,000. Franklin Resources Inc. lifted its stake in T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares during the period. Charles Schwab Investment Management Inc. boosted its holdings in shares of T-Mobile US by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock worth $712,966,000 after buying an additional 85,012 shares in the last quarter. Finally, 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 buying an additional 876,182 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several recent research reports. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a report on Thursday, December 12th. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. UBS Group lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price for the company. Finally, Oppenheimer raised their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

T-Mobile US Trading Up 0.7 %

Shares of TMUS stock opened at $266.71 on Tuesday. T-Mobile US, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49. The company’s fifty day simple moving average is $253.88 and its two-hundred day simple moving average is $233.59. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market capitalization of $304.51 billion, a price-to-earnings ratio of 27.58, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, analysts anticipate that T-Mobile US, Inc. will post 10.37 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 Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

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.