Bryn Mawr Capital Management LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 13,145.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 145,439 shares of the Wireless communications provider's stock after acquiring an additional 144,341 shares during the period. T-Mobile US makes up 1.2% of Bryn Mawr Capital Management LLC's investment portfolio, making the stock its 20th largest holding. Bryn Mawr Capital Management LLC's holdings in T-Mobile US were worth $32,103,000 at the end of the most recent quarter.
Other hedge funds also recently made changes to their positions in the company. DT Investment Partners LLC lifted its stake in shares of T-Mobile US by 65.3% in the 3rd 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 period. Dunhill Financial LLC lifted its stake in shares of T-Mobile US by 76.7% in 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 acquired a new stake in shares of T-Mobile US in the fourth quarter valued at about $29,000. MFA Wealth Advisors LLC lifted its stake in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 77 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the third quarter valued at about $34,000. Institutional investors and hedge funds own 42.49% of the company's stock.
Insider Transactions at T-Mobile US
In other news, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now directly owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares of the company's stock, valued at approximately $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. Corporate insiders own 0.67% of the company's stock.
T-Mobile US Trading Down 0.1 %
T-Mobile US stock traded down $0.30 during trading on Friday, reaching $265.10. The company had a trading volume of 2,017,624 shares, compared to its average volume of 3,775,875. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $271.41. The stock's 50 day moving average price is $230.32 and its two-hundred day moving average price is $220.66. The firm has a market capitalization of $302.67 billion, a price-to-earnings ratio of 27.44, a PEG ratio of 1.53 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.
T-Mobile US Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. T-Mobile US's payout ratio is currently 36.40%.
Analysts Set New Price Targets
Several brokerages recently commented on TMUS. UBS Group raised their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Bank of America lifted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. TD Cowen lifted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 target price for the company. Finally, Scotiabank lifted their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 30th. 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 data from MarketBeat, T-Mobile US presently has a consensus rating of "Moderate Buy" and an average target price of $251.79.
View Our Latest Stock Report on T-Mobile US
About T-Mobile US
(
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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