Brophy Wealth Management LLC bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,310 shares of the Wireless communications provider's stock, valued at approximately $889,000.
A number of other institutional investors and hedge funds have also modified their holdings of the company. KPP Advisory Services LLC raised its holdings in T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after acquiring an additional 45 shares in the last quarter. DT Investment Partners LLC grew its holdings in shares of 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 purchasing an additional 47 shares during the last quarter. Davis Investment Partners LLC lifted its position in shares of T-Mobile US by 0.6% during the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider's stock worth $1,711,000 after purchasing an additional 51 shares in the last quarter. Barden Capital Management Inc. boosted its position in T-Mobile US by 0.8% in the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider's stock valued at $1,408,000 after buying an additional 54 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of T-Mobile US by 0.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider's stock valued at $1,468,000 after buying an additional 56 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at T-Mobile US
In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US 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 owns 5,021 shares of the company's stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO G Michael Sievert sold 20,000 shares of the company's 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 owns 378,124 shares of the company's stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 341,178 shares of company stock valued at $73,048,712. Company insiders own 0.67% of the company's stock.
T-Mobile US Price Performance
Shares of TMUS stock traded down $14.92 on Tuesday, reaching $228.86. The company had a trading volume of 6,267,381 shares, compared to its average volume of 4,360,416. The stock has a market capitalization of $265.59 billion, a PE ratio of 26.10, a price-to-earnings-growth ratio of 1.24 and a beta of 0.53. T-Mobile US, Inc. has a one year low of $153.84 and a one year high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The business's 50-day moving average is $228.52 and its 200 day moving average is $201.51.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion for 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 quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm posted $1.82 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.
T-Mobile US Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.54%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is currently 40.14%.
Wall Street Analysts Forecast Growth
TMUS has been the subject of a number of research reports. KeyCorp lifted their price objective on T-Mobile US from $230.00 to $252.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Wells Fargo & Company boosted their target price on T-Mobile US from $230.00 to $240.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Morgan Stanley boosted their price objective on shares of T-Mobile US from $209.00 to $239.00 and gave the company an "overweight" rating in a report on Tuesday, October 29th. Tigress Financial increased their target price on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a "buy" rating in a report on Monday, December 2nd. Finally, Barclays boosted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Four investment analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $245.42.
Get Our Latest Report on TMUS
T-Mobile US Company Profile
(
Free Report)
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.
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