Rossby Financial LCC Invests $208,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Rossby Financial LCC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 944 shares of the Wireless communications provider's stock, valued at approximately $208,000.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC grew its position in T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after purchasing an additional 41 shares during the last quarter. JSF Financial LLC lifted its holdings 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 valued at $1,117,000 after purchasing an additional 44 shares in the last quarter. D Orazio & Associates Inc. boosted its position in shares of T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after buying an additional 47 shares during the last quarter. Warren Street Wealth Advisors LLC raised its position in T-Mobile US by 4.3% in 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 during the last quarter. Finally, Relyea Zuckerberg Hanson LLC boosted its holdings in shares of T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock valued at $284,000 after acquiring an additional 48 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated 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 owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Trading Up 0.9 %

Shares of NASDAQ TMUS traded up $2.40 during mid-day trading on Friday, reaching $262.04. The company had a trading volume of 3,488,338 shares, compared to its average volume of 4,234,419. The stock has a market cap of $299.18 billion, a price-to-earnings ratio of 27.10, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 52 week low of $160.62 and a 52 week high of $276.49. The business's 50-day moving average is $261.54 and its 200-day moving average is $239.03. The company has a current ratio of 0.91, a quick ratio of 0.83 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is presently 36.40%.

Wall Street Analyst Weigh In

TMUS has been the topic of several research analyst reports. Benchmark reissued a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Bank of America increased their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a report on Wednesday, March 5th. Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a report on Friday, March 14th. Finally, Oppenheimer raised their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Company 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.