Waverton Investment Management Ltd Has $3.90 Million Holdings in T-Mobile US, Inc. $TMUS

Waverton Investment Management Ltd decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 90.9% during the third quarter, HoldingsChannel reports. The firm owned 16,295 shares of the Wireless communications provider’s stock after selling 163,087 shares during the quarter. Waverton Investment Management Ltd’s holdings in T-Mobile US were worth $3,900,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. River Wealth Advisors LLC boosted its holdings in T-Mobile US by 3.3% during the third quarter. River Wealth Advisors LLC now owns 64,300 shares of the Wireless communications provider’s stock valued at $15,392,000 after purchasing an additional 2,066 shares in the last quarter. Arete Wealth Advisors LLC lifted its position in shares of T-Mobile US by 2.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 3,983 shares of the Wireless communications provider’s stock worth $952,000 after buying an additional 86 shares during the period. Aprio Wealth Management LLC lifted its position in shares of T-Mobile US by 32.8% during the 3rd quarter. Aprio Wealth Management LLC now owns 1,646 shares of the Wireless communications provider’s stock worth $394,000 after buying an additional 407 shares during the period. American Century Companies Inc. boosted its stake in T-Mobile US by 3.4% in the 3rd quarter. American Century Companies Inc. now owns 567,275 shares of the Wireless communications provider’s stock valued at $135,794,000 after buying an additional 18,494 shares in the last quarter. Finally, Brand Asset Management Group Inc. bought a new stake in T-Mobile US in the third quarter valued at $234,000. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on TMUS shares. Morgan Stanley dropped their target price on shares of T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a research report on Wednesday, December 10th. Wells Fargo & Company boosted their price target on shares of T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. BNP Paribas Exane dropped their price objective on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, January 16th. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Benchmark reissued a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $257.09.

T-Mobile US Trading Up 1.8%

Shares of NASDAQ TMUS opened at $217.09 on Monday. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $276.49. The firm has a market capitalization of $239.20 billion, a P/E ratio of 22.36, a P/E/G ratio of 1.40 and a beta of 0.44. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The company’s 50 day simple moving average is $200.69 and its 200 day simple moving average is $216.81.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

Insider Activity at T-Mobile US

In other T-Mobile US news, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer directly owned 51,573 shares in the company, valued at approximately $11,080,974.78. The trade was a 34.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Letitia A. Long sold 1,457 shares of T-Mobile US stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the transaction, the director owned 5,438 shares in the company, valued at $1,143,720.16. This trade represents a 21.13% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 692,300 shares of company stock valued at $150,426,595. 0.37% of the stock is owned by corporate 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.