Davidson Investment Advisors increased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,926 shares of the Wireless communications provider's stock after acquiring an additional 1,531 shares during the quarter. T-Mobile US comprises about 1.3% of Davidson Investment Advisors' holdings, making the stock its 22nd biggest holding. Davidson Investment Advisors' holdings in T-Mobile US were worth $27,133,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the company. JSF Financial LLC raised its stake in T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after buying an additional 44 shares during the last quarter. KPP Advisory Services LLC lifted its holdings in T-Mobile US by 2.6% in the third 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 during the period. DT Investment Partners LLC boosted its position in T-Mobile US by 65.3% in 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. D Orazio & Associates Inc. grew its stake in shares of T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after purchasing an additional 47 shares during the period. Finally, Warren Street Wealth Advisors LLC lifted its stake in shares of T-Mobile US by 4.3% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock worth $252,000 after purchasing an additional 47 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.
Insider Buying and Selling at T-Mobile US
In other news, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now owns 5,653 shares of the company's stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the firm's stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares of the company's stock, valued at approximately $989,166. This represents a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock worth $747,378 over the last 90 days. 0.67% of the stock is owned by insiders.
Analyst Upgrades and Downgrades
A number of analysts have commented on the stock. Benchmark reaffirmed a "buy" rating and set a $255.00 target price on shares of T-Mobile US in a report on Tuesday, January 28th. BNP Paribas upgraded T-Mobile US to a "strong-buy" rating in a research note on Friday, October 25th. Wells Fargo & Company lifted their target price 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. KeyCorp lowered T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target for the company. in a report on Thursday, December 12th. Finally, Scotiabank raised their price objective on T-Mobile US from $234.00 to $247.00 and gave the stock a "sector perform" rating in a research note on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $251.79.
Get Our Latest Stock Report on TMUS
T-Mobile US Price Performance
Shares of T-Mobile US stock traded down $0.23 during trading on Friday, reaching $265.17. 3,554,246 shares of the stock traded hands, compared to its average volume of 3,824,914. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The business has a fifty day simple moving average of $230.98 and a two-hundred day simple moving average of $221.21. The company has a market capitalization of $302.76 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 1.53 and a beta of 0.56.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.
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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