Callan Family Office LLC Grows Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Callan Family Office LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 506.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,973 shares of the Wireless communications provider's stock after buying an additional 10,835 shares during the period. Callan Family Office LLC's holdings in T-Mobile US were worth $2,864,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of TMUS. Dunhill Financial LLC raised its position 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 buying an additional 56 shares during the last quarter. Financial Life Planners acquired a new stake in T-Mobile US during the fourth quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new stake in T-Mobile US during the third quarter worth about $34,000. Planning Capital Management Corp increased its position in T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 101 shares during the last quarter. Finally, Bruce G. Allen Investments LLC increased its position in T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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Insider Activity

In related news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Stock Up 0.9 %

NASDAQ:TMUS traded up $2.29 during mid-day trading on Friday, hitting $265.24. The stock had a trading volume of 3,289,580 shares, compared to its average volume of 3,992,415. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $276.49. The stock has a 50-day simple moving average of $239.80 and a two-hundred day simple moving average of $226.42. The company has a market capitalization of $302.84 billion, a PE ratio of 27.43, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping 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%. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. 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 1.33%. T-Mobile US's payout ratio is 36.40%.

Analysts Set New Price Targets

Several research firms recently issued reports on TMUS. Hsbc Global Res cut shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday. Oppenheimer raised their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Evercore ISI upgraded shares of T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Barclays raised their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Finally, Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Nine 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 stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $254.10.

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.