Garde Capital Inc. Decreases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Garde Capital Inc. cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,126 shares of the Wireless communications provider’s stock after selling 1,550 shares during the quarter. Garde Capital Inc.’s holdings in T-Mobile US were worth $3,947,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in TMUS. ORG Partners LLC boosted its stake in T-Mobile US by 5,690.0% during the 2nd quarter. ORG Partners LLC now owns 579 shares of the Wireless communications provider’s stock valued at $102,000 after acquiring an additional 569 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in shares of T-Mobile US by 10.8% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 22,646 shares of the Wireless communications provider’s stock worth $3,990,000 after purchasing an additional 2,208 shares during the last quarter. Swedbank AB grew its stake in T-Mobile US by 2.1% in the second quarter. Swedbank AB now owns 242,633 shares of the Wireless communications provider’s stock worth $42,747,000 after purchasing an additional 5,013 shares in the last quarter. Silver Lake Advisory LLC bought a new stake in T-Mobile US in the second quarter valued at about $354,000. Finally, Blue Trust Inc. raised its stake in T-Mobile US by 18.8% during the second quarter. Blue Trust Inc. now owns 4,708 shares of the Wireless communications provider’s stock valued at $768,000 after buying an additional 746 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Down 0.5 %

TMUS opened at $233.27 on Friday. T-Mobile US, Inc. has a twelve month low of $153.84 and a twelve month high of $248.15. The firm has a market cap of $270.71 billion, a price-to-earnings ratio of 26.60, a PEG ratio of 1.20 and a beta of 0.53. The firm’s 50-day simple moving average is $230.10 and its 200-day simple moving average is $202.43. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.82 earnings per share. Equities research analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.51%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is 40.14%.

Insider Buying and Selling at T-Mobile US

In related news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 208,869 shares of company stock worth $47,018,239. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on TMUS shares. UBS Group upped their price target on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. boosted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Barclays raised their target price on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Finally, Royal Bank of Canada increased their target price on T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Five investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $245.42.

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.