WESPAC Advisors SoCal LLC Trims Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

WESPAC Advisors SoCal LLC cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 59,714 shares of the Wireless communications provider’s stock after selling 1,950 shares during the quarter. T-Mobile US comprises approximately 3.0% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its 11th biggest holding. WESPAC Advisors SoCal LLC’s holdings in T-Mobile US were worth $13,181,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Dunhill Financial LLC increased its stake in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC increased its stake in T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the last quarter. Financial Life Planners acquired a new stake in shares of T-Mobile US in the fourth quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the third quarter valued at about $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other T-Mobile US news, Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this link. Also, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,200 shares of company stock worth $8,063,303 in the last ninety days. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Trading Up 2.2 %

T-Mobile US stock opened at $238.10 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a 50-day moving average price of $226.22 and a two-hundred day moving average price of $213.75. The firm has a market capitalization of $276.31 billion, a price-to-earnings ratio of 24.62, a PEG ratio of 1.38 and a beta of 0.56. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Sell-side analysts expect that T-Mobile US, Inc. will post 10.18 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Analyst Ratings Changes

A number of research firms have recently issued reports on TMUS. Scotiabank increased their target price on T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Bank of America increased their target price on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, January 30th. Wells Fargo & Company increased their target price on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Finally, Citigroup increased their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $251.26.

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.