Ieq Capital LLC Increases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Ieq Capital LLC increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 11.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 41,459 shares of the Wireless communications provider's stock after acquiring an additional 4,121 shares during the period. Ieq Capital LLC's holdings in T-Mobile US were worth $9,151,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. JSF Financial LLC increased its stake in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after acquiring an additional 44 shares during the period. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after purchasing an additional 45 shares in the last quarter. DT Investment Partners LLC increased its position in 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 worth $25,000 after purchasing an additional 47 shares during the period. D Orazio & Associates Inc. increased its position in T-Mobile US by 3.7% during the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock worth $290,000 after purchasing an additional 47 shares during the period. Finally, Warren Street Wealth Advisors LLC raised its stake in shares of T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock worth $252,000 after buying an additional 47 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Wells Fargo & Company upped their price objective on T-Mobile US from $220.00 to $235.00 and gave the stock an "equal weight" rating in a report on Thursday, January 30th. Scotiabank upped their price target on shares of 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. Daiwa America raised shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. UBS Group increased their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, October 24th. Finally, Sanford C. Bernstein initiated coverage on T-Mobile US in a research note 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 assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $251.79.

Insiders Place Their Bets

In related news, Director Andre Almeida purchased 3,808 shares of the firm's stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now directly owns 5,653 shares of the company's stock, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 3,100 shares of company stock valued at $747,378. Insiders own 0.67% of the company's stock.

T-Mobile US Trading Down 0.1 %

NASDAQ:TMUS traded down $0.23 on Friday, reaching $265.17. The stock had a trading volume of 3,554,246 shares, compared to its average volume of 3,824,914. The company has a market cap of $302.76 billion, a price-to-earnings ratio of 27.42, a P/E/G ratio of 1.53 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $271.41. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The firm's fifty day moving average is $230.32 and its two-hundred day moving average is $220.66.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US's dividend payout ratio (DPR) is presently 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.