Gladstone Institutional Advisory LLC Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Gladstone Institutional Advisory LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 7,032 shares of the Wireless communications provider's stock, valued at approximately $1,552,000.

Several other institutional investors have also recently made changes to their positions in TMUS. DT Investment Partners LLC increased its holdings in 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 purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC increased 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 worth $27,000 after buying an additional 56 shares during the period. MFA Wealth Advisors LLC boosted its position 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 period. Financial Life Planners acquired a new position in shares of T-Mobile US in the fourth quarter worth $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US during the third quarter worth $34,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $5.74 during trading hours on Monday, hitting $270.82. The company's stock had a trading volume of 4,835,114 shares, compared to its average volume of 3,682,888. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The business's 50-day moving average is $227.66 and its two-hundred day moving average is $218.93. The company has a market capitalization of $309.21 billion, a PE ratio of 28.01, a PEG ratio of 1.44 and a beta of 0.56.

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 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%. As a group, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.30%. T-Mobile US's dividend payout ratio is presently 36.40%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Daiwa America raised T-Mobile US to a "hold" rating in a research note on Friday, October 25th. Wells Fargo & Company increased their target price on T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a report on Thursday, January 30th. Benchmark reissued a "buy" rating and set a $255.00 price objective on shares of T-Mobile US in a report on Tuesday, January 28th. Royal Bank of Canada lifted their target price on T-Mobile US from $240.00 to $245.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 30th. Finally, Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $251.79.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 1,000 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the company's stock in a transaction on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares of the company's stock, valued at $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is 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.