Fiduciary Alliance 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 filing with the Securities & Exchange Commission. The fund acquired 5,077 shares of the Wireless communications provider's stock, valued at approximately $1,121,000.
A number of other large investors have also recently made changes to their positions in TMUS. DT Investment Partners LLC raised its stake in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock valued at $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC raised its position in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. MFA Wealth Advisors LLC lifted its holdings in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock valued at $28,000 after acquiring an additional 77 shares during the period. Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the 3rd quarter worth approximately $34,000. Finally, Bruce G. Allen Investments LLC grew its stake in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently issued reports on the stock. Oppenheimer increased their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a report on Thursday, October 24th. Evercore ISI lifted their price target on T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. BNP Paribas upgraded T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. Scotiabank upped their target price on T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a research note on Thursday, October 24th. Finally, Daiwa America raised shares of T-Mobile US to a "hold" rating in a research note on Friday, October 25th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $245.74.
View Our Latest Research Report on T-Mobile US
Insiders Place Their Bets
In related news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the company's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now 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. Insiders have sold 206,969 shares of company stock worth $46,656,527 over the last ninety days. Corporate insiders own 0.67% of the company's stock.
T-Mobile US Trading Up 0.3 %
T-Mobile US stock traded up $0.72 during midday trading on Tuesday, hitting $214.18. 3,535,871 shares of the stock were exchanged, compared to its average volume of 3,861,716. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $248.55 billion, a price-to-earnings ratio of 24.42, a PEG ratio of 1.18 and a beta of 0.56. The stock's 50-day simple moving average is $230.19 and its 200 day simple moving average is $209.64. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analysts' expectations of $20.01 billion. During the same period in the prior year, the firm posted $1.82 earnings per share. The firm's quarterly revenue was up 4.7% on a year-over-year basis. On average, equities analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current year.
T-Mobile US Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders 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 dividend yield of 1.64%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US's dividend payout ratio is presently 40.14%.
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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