T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by MML Investors Services LLC

MML Investors Services LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,456 shares of the Wireless communications provider's stock after acquiring an additional 5,433 shares during the quarter. MML Investors Services LLC's holdings in T-Mobile US were worth $8,142,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of TMUS. Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US in the 3rd quarter worth $34,000. Dunhill Financial LLC lifted its holdings in shares of T-Mobile US by 76.7% in 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. Orion Portfolio Solutions LLC lifted its holdings in shares of T-Mobile US by 3.1% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 19,917 shares of the Wireless communications provider's stock worth $4,110,000 after buying an additional 590 shares during the period. XTX Topco Ltd purchased a new stake in shares of T-Mobile US in the 3rd quarter worth $2,320,000. Finally, Zacks Investment Management lifted its holdings in shares of T-Mobile US by 10.6% in the 3rd quarter. Zacks Investment Management now owns 172,432 shares of the Wireless communications provider's stock worth $35,583,000 after buying an additional 16,501 shares during the period. Institutional investors own 42.49% of the company's stock.

T-Mobile US Price Performance

TMUS stock traded down $1.07 on Thursday, reaching $233.27. The company had a trading volume of 3,990,519 shares, compared to its average volume of 4,359,182. T-Mobile US, Inc. has a 1 year low of $153.84 and a 1 year high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The company's fifty day moving average is $229.60 and its 200 day moving average is $202.22. The company has a market cap of $270.71 billion, a P/E ratio of 26.72, a PEG ratio of 1.24 and a beta of 0.53.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping 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 company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 EPS. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. On average, research analysts forecast that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is currently 40.14%.

Analysts Set New Price Targets

Several brokerages have weighed in on TMUS. Citigroup upped their target price on T-Mobile US from $210.00 to $254.00 and gave the stock a "buy" rating in a report on Monday, October 21st. UBS Group upped their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Bank of America upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Morgan Stanley upped their price objective on T-Mobile US from $209.00 to $239.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 29th. Finally, Wells Fargo & Company upped their price objective on T-Mobile US from $230.00 to $240.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $245.42.

Insider Buying and Selling

In related news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total value of $615,900.00. Following the completion of the sale, the insider now directly owns 119,687 shares in the company, valued at approximately $24,571,741.10. This represents a 2.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 208,869 shares of company stock valued at $47,018,239. 0.67% of the stock is currently owned by company 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.