Decker Retirement Planning Inc. acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,746 shares of the Wireless communications provider's stock, valued at approximately $4,359,000. T-Mobile US makes up approximately 2.5% of Decker Retirement Planning Inc.'s portfolio, making the stock its 16th biggest holding.
A number of other hedge funds have also modified their holdings of TMUS. DT Investment Partners LLC lifted its position 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 valued at $25,000 after acquiring an additional 47 shares in the last quarter. Dunhill Financial LLC raised its stake in T-Mobile US by 76.7% during the 3rd 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. MFA Wealth Advisors LLC raised its stake in T-Mobile US by 128.3% during the 3rd 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. Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US in the third quarter valued at $34,000. Finally, Planning Capital Management Corp grew its holdings in shares of 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 valued at $36,000 after buying an additional 101 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on TMUS. TD Cowen increased their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price target for the company. Evercore ISI boosted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a research report on Thursday, October 24th. Citigroup increased their target price on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a "buy" rating in a research report on Monday, October 21st. Finally, KeyCorp lowered shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a research note on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $245.74.
Get Our Latest Report on T-Mobile US
Insider Activity at T-Mobile US
In related news, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction dated Wednesday, November 27th. The stock was 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 in the company, valued at $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm's stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company's stock, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 164,200 shares of company stock worth $37,407,303 in the last ninety days. 0.67% of the stock is currently owned by insiders.
T-Mobile US Stock Performance
T-Mobile US stock traded up $2.65 on Friday, reaching $218.40. 2,566,245 shares of the stock were exchanged, compared to its average volume of 3,536,262. The stock has a market cap of $253.45 billion, a PE ratio of 24.90, a PEG ratio of 1.05 and a beta of 0.56. The firm has a fifty day moving average price of $229.57 and a two-hundred day moving average price of $209.94. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion during 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 firm's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.82 EPS. Sell-side analysts anticipate that T-Mobile US, Inc. will post 9.31 EPS for the current year.
T-Mobile US Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is currently 40.14%.
T-Mobile US Profile
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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.
Further Reading
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