T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by GC Wealth Management RIA LLC

GC Wealth Management RIA LLC increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 14.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,703 shares of the Wireless communications provider's stock after purchasing an additional 1,592 shares during the quarter. GC Wealth Management RIA LLC's holdings in T-Mobile US were worth $2,804,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of TMUS. Sage Mountain Advisors LLC raised its position in T-Mobile US by 14.1% in the fourth quarter. Sage Mountain Advisors LLC now owns 3,242 shares of the Wireless communications provider's stock valued at $716,000 after purchasing an additional 401 shares during the period. Net Worth Advisory Group grew its stake in shares of T-Mobile US by 24.4% in the fourth quarter. Net Worth Advisory Group now owns 4,177 shares of the Wireless communications provider's stock valued at $922,000 after buying an additional 820 shares in the last quarter. Marathon Trading Investment Management LLC raised its holdings in shares of T-Mobile US by 55.4% during the 4th quarter. Marathon Trading Investment Management LLC now owns 2,805 shares of the Wireless communications provider's stock valued at $619,000 after buying an additional 1,000 shares during the period. Independent Advisor Alliance lifted its position in T-Mobile US by 13.4% during the 4th quarter. Independent Advisor Alliance now owns 43,447 shares of the Wireless communications provider's stock worth $9,590,000 after acquiring an additional 5,145 shares in the last quarter. Finally, Marvin & Palmer Associates Inc. lifted its position in T-Mobile US by 56.5% during the 4th quarter. Marvin & Palmer Associates Inc. now owns 22,461 shares of the Wireless communications provider's stock worth $4,958,000 after acquiring an additional 8,109 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

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Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TMUS shares. KeyCorp lowered shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price objective on the stock. in a research note on Thursday, December 12th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Benchmark reaffirmed a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Evercore ISI raised T-Mobile US to a "strong-buy" rating in a report on Thursday, January 23rd. Nine investment 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 stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $254.10.

Insiders Place Their Bets

In other T-Mobile US 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 transaction, the director now owns 5,653 shares of the company's stock, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

T-Mobile US Stock Performance

TMUS stock traded down $2.29 during midday trading on Wednesday, reaching $254.38. The company had a trading volume of 2,447,446 shares, compared to its average volume of 3,994,562. The firm has a market capitalization of $290.44 billion, a PE ratio of 26.39, a P/E/G ratio of 1.55 and a beta of 0.64. The stock has a 50 day moving average price of $241.44 and a 200 day moving average price of $227.54. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data 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 return on equity of 18.09% and a net margin of 13.93%. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders 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 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

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.