T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Carnegie Investment Counsel

Carnegie Investment Counsel raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 9.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 80,392 shares of the Wireless communications provider's stock after purchasing an additional 7,116 shares during the period. Carnegie Investment Counsel's holdings in T-Mobile US were worth $17,745,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. KPP Advisory Services LLC increased its position in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock worth $360,000 after purchasing an additional 45 shares in the last quarter. DT Investment Partners LLC boosted its stake in shares of T-Mobile US by 65.3% during the 3rd 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. Old North State Trust LLC boosted its stake in shares of T-Mobile US by 1.4% during the 3rd quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider's stock worth $751,000 after purchasing an additional 50 shares during the last quarter. Davis Investment Partners LLC grew its holdings 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 buying an additional 51 shares in the last quarter. Finally, Barden Capital Management Inc. raised its position in shares of T-Mobile US by 0.8% in the third 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. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on TMUS. Raymond James cut shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research note on Friday, October 25th. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. Royal Bank of Canada lowered T-Mobile US from an "outperform" rating to a "sector perform" rating and dropped their target price for the company from $255.00 to $240.00 in a research note on Monday, January 6th. Evercore ISI raised their price target on T-Mobile US from $220.00 to $240.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Finally, Barclays upped their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $245.74.

T-Mobile US Stock Up 1.5 %

NASDAQ:TMUS traded up $3.22 during mid-day trading on Friday, hitting $218.97. The company had a trading volume of 4,224,613 shares, compared to its average volume of 3,695,229. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The business has a fifty day simple moving average of $229.26 and a 200-day simple moving average of $209.98. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company's revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $1.82 EPS. Equities analysts forecast that T-Mobile US, Inc. will post 9.31 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 Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. T-Mobile US's dividend payout ratio (DPR) is presently 40.14%.

Insider Activity at T-Mobile US

In other news, EVP Nestor Cano sold 11,100 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $1,015,300. This represents a 71.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the firm's 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 sale, the director now directly owns 5,021 shares of the company's stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 164,200 shares of company stock valued at $37,407,303. Corporate insiders own 0.67% of the company's stock.

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.