Empowered Funds LLC Grows Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Empowered Funds LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 20,617 shares of the Wireless communications provider's stock after buying an additional 2,977 shares during the quarter. Empowered Funds LLC's holdings in T-Mobile US were worth $4,551,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TMUS. DT Investment Partners LLC lifted its position in shares of 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 in the last quarter. Dunhill Financial LLC grew its position in 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 purchasing an additional 56 shares in the last quarter. MFA Wealth Advisors LLC increased its stake in T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 77 shares during the last quarter. Financial Life Planners bought a new stake in T-Mobile US during the 4th quarter worth about $29,000. Finally, Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US during the 3rd quarter worth about $34,000. Institutional investors and hedge funds own 42.49% of the company's stock.

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Analyst Ratings Changes

TMUS has been the topic of a number of recent research reports. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. Wells Fargo & Company boosted their price target on T-Mobile US from $220.00 to $235.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 30th. Raymond James cut T-Mobile US from an "outperform" rating to a "market perform" rating in a research note on Friday, October 25th. Benchmark reissued a "buy" rating and issued a $255.00 target price on shares of T-Mobile US in a research note on Tuesday, January 28th. Finally, Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price target on the stock. Seven 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 company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $251.79.

T-Mobile US Price Performance

T-Mobile US stock traded up $5.74 during mid-day trading on Friday, reaching $270.82. The company had a trading volume of 4,835,114 shares, compared to its average volume of 3,682,888. The company has a market cap of $309.21 billion, a P/E ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The business has a fifty day simple moving average of $227.66 and a 200 day simple moving average of $218.37. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $271.41.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced 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 net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business 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 1.30%. T-Mobile US's payout ratio is 36.40%.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the transaction, the director now owns 4,021 shares in the company, valued at approximately $989,166. The trade was a 19.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andre Almeida acquired 3,808 shares of the firm's stock in a transaction dated Monday, December 9th. The shares were purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares of the company's stock, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold a total of 3,100 shares of company stock valued at $747,378 over the last ninety days. 0.67% of the stock is owned by company insiders.

T-Mobile US Company 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.