Geneos Wealth Management Inc. Has $47,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Geneos Wealth Management Inc. decreased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 48.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 291 shares of the Wireless communications provider’s stock after selling 276 shares during the quarter. Geneos Wealth Management Inc.’s holdings in T-Mobile US were worth $47,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Whittier Trust Co. of Nevada Inc. lifted its stake in T-Mobile US by 3.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after buying an additional 66 shares during the period. Transatlantique Private Wealth LLC lifted its position in shares of T-Mobile US by 0.4% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after acquiring an additional 68 shares during the period. Hohimer Wealth Management LLC boosted its stake in T-Mobile US by 0.9% during the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after acquiring an additional 68 shares in the last quarter. Ronald Blue Trust Inc. grew its holdings in T-Mobile US by 0.7% in the third quarter. Ronald Blue Trust Inc. now owns 10,068 shares of the Wireless communications provider’s stock worth $1,398,000 after purchasing an additional 73 shares during the period. Finally, Cassaday & Co Wealth Management LLC increased its stake in T-Mobile US by 3.2% in the third quarter. Cassaday & Co Wealth Management LLC now owns 2,455 shares of the Wireless communications provider’s stock valued at $344,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on TMUS. Tigress Financial raised their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Royal Bank of Canada restated an “outperform” rating and set a $184.00 price objective on shares of T-Mobile US in a report on Wednesday, March 20th. KeyCorp cut their target price on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a report on Friday, January 26th. Morgan Stanley boosted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Finally, Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $185.93.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Thursday, January 18th. The shares were sold at an average price of $164.54, for a total transaction of $32,070,491.40. Following the completion of the sale, the director now owns 691,295,201 shares in the company, valued at $113,745,712,372.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total value of $6,442,000.00. Following the sale, the chief executive officer now directly owns 496,036 shares in the company, valued at $79,886,597.80. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $164.54, for a total value of $32,070,491.40. Following the transaction, the director now directly owns 691,295,201 shares in the company, valued at approximately $113,745,712,372.54. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,689,170 shares of company stock valued at $924,847,536. 0.70% of the stock is owned by insiders.

T-Mobile US Trading Down 0.0 %

Shares of TMUS stock opened at $159.79 on Wednesday. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The company has a 50-day simple moving average of $162.32 and a two-hundred day simple moving average of $155.88. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market capitalization of $189.65 billion, a price-to-earnings ratio of 23.06, a PEG ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business’s revenue was up 1.0% on a year-over-year basis. During the same period in the prior year, the company earned $1.18 earnings per share. Research analysts anticipate that T-Mobile US, Inc. will post 8.95 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is 37.52%.

About T-Mobile US

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.