CFC Planning Co LLC Makes New $476,000 Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

CFC Planning Co LLC acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,157 shares of the Wireless communications provider's stock, valued at approximately $476,000.

Several other institutional investors and hedge funds also recently modified their holdings of TMUS. Wellington Management Group LLP boosted its position in T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the last quarter. FMR LLC boosted its position in T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. boosted its position in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after purchasing an additional 590,711 shares during the last quarter. Barclays PLC boosted its position in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Finally, Principal Financial Group Inc. boosted its position in T-Mobile US by 2.5% during the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock valued at $408,297,000 after purchasing an additional 47,350 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of TMUS traded down $7.61 during midday trading on Tuesday, hitting $263.21. The company's stock had a trading volume of 3,877,684 shares, compared to its average volume of 3,867,970. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41. The company's fifty day simple moving average is $228.50 and its two-hundred day simple moving average is $219.52. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $300.52 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. 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 firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. T-Mobile US's payout ratio is 36.40%.

Insider Activity

In other news, Director Andre Almeida acquired 3,808 shares of the business's stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, 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 acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the firm's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,100 shares of company stock worth $747,378. Insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TMUS shares. Sanford C. Bernstein started coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price objective for the company. Barclays raised their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Wells Fargo & Company raised their price objective on T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. Evercore ISI raised T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, Daiwa America raised T-Mobile US to a "hold" rating in a research report on Friday, October 25th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and an average target price of $251.79.

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.