Fairvoy Private Wealth LLC Purchases New Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Fairvoy Private Wealth LLC bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 9,225 shares of the Wireless communications provider's stock, valued at approximately $2,036,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Barclays PLC raised its position in shares of T-Mobile US by 38.3% in the 3rd 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 in the last quarter. International Assets Investment Management LLC increased its stake in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock worth $51,586,000 after buying an additional 248,828 shares during the last quarter. Trust Co. of Vermont raised its holdings in T-Mobile US by 11.9% in the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after acquiring an additional 2,865 shares in the last quarter. Swedbank AB boosted its stake in T-Mobile US by 5.1% during the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after acquiring an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC acquired a new position in T-Mobile US during the 4th quarter worth $7,678,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TMUS. Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an "overweight" rating and a $280.00 target price on the stock. Royal Bank of Canada increased their target price on T-Mobile US from $240.00 to $245.00 and gave the stock a "sector perform" rating in a report on Thursday, January 30th. Citigroup boosted their price target on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a report on Monday, October 21st. 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. Finally, Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a "market perform" rating and a $265.00 target price for the company. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus target price of $251.79.

T-Mobile US Stock Performance

Shares of TMUS traded down $0.93 during trading hours on Friday, reaching $246.24. 3,434,435 shares of the company's stock traded hands, compared to its average volume of 3,682,888. The firm has a market capitalization of $281.14 billion, a price-to-earnings ratio of 25.46, a P/E/G ratio of 1.44 and a beta of 0.56. The business's fifty day simple moving average is $225.96 and its two-hundred day simple moving average is $215.70. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $250.50. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

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 EPS for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

Insider Activity at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the firm's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares in the company, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of the business's stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the sale, the chief executive officer now owns 378,124 shares in the company, valued at $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,100 shares of company stock valued at $5,501,978 over the last 90 days. 0.67% of the stock is currently owned by corporate insiders.

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.