Louisbourg Investments Inc. Sells 400 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Louisbourg Investments Inc. trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.4% in the 4th quarter, HoldingsChannel reports. The fund owned 28,758 shares of the Wireless communications provider’s stock after selling 400 shares during the quarter. T-Mobile US makes up about 1.5% of Louisbourg Investments Inc.’s holdings, making the stock its 18th largest holding. Louisbourg Investments Inc.’s holdings in T-Mobile US were worth $6,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of 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 boosted its stake in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Financial Life Planners purchased a new stake in shares of T-Mobile US in the fourth quarter valued at approximately $29,000. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Finally, Legacy Investment Solutions LLC purchased a new position in T-Mobile US during the 3rd quarter valued at about $34,000. 42.49% of the stock is currently owned by institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction dated 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 completion of the purchase, the director now directly owns 3,808 shares in the company, valued at $897,621.76. The trade was a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the transaction, the director now owns 4,021 shares in the company, valued at $989,166. The trade was a 19.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Raymond James lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. The Goldman Sachs Group lifted their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada upped their target price on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Bank of America lifted their price objective 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. Finally, Scotiabank boosted their target price on shares of 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. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $258.70 on Wednesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm’s 50 day moving average price is $226.45 and its 200-day moving average price is $217.12. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $259.46. The firm has a market cap of $295.37 billion, a P/E ratio of 26.75, a P/E/G ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.36%. T-Mobile US’s payout ratio is currently 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.