Secured Retirement Advisors LLC Purchases Shares of 3,583 T-Mobile US, Inc. (NASDAQ:TMUS)

Secured Retirement Advisors LLC purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 3,583 shares of the Wireless communications provider's stock, valued at approximately $791,000.

A number of other institutional investors also recently made changes to their positions in TMUS. DT Investment Partners LLC lifted its position in T-Mobile US by 65.3% in the third 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. Dunhill Financial LLC raised its stake 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 in the last quarter. Financial Life Planners acquired a new stake in shares of T-Mobile US in the fourth quarter valued at $29,000. MFA Wealth Advisors LLC lifted its holdings in shares of T-Mobile US by 128.3% in the third 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. Finally, Legacy Investment Solutions LLC acquired a new position in T-Mobile US during the third quarter worth about $34,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TMUS shares. Sanford C. Bernstein started coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price target for the company. Daiwa America upgraded shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. UBS Group increased their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Tigress Financial raised their price objective on T-Mobile US from $280.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Finally, Benchmark reaffirmed a "buy" rating and set a $255.00 target price on shares of T-Mobile US in a research report on Tuesday, January 28th. 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's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $251.79.

Insider Transactions at T-Mobile US

In related news, Director Andre Almeida bought 3,808 shares of the company's stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the business's stock in a transaction on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now directly owns 4,021 shares in the company, valued at approximately $989,166. This represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 3,100 shares of company stock valued at $747,378. Company insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

TMUS traded up $0.14 on Wednesday, hitting $263.35. 3,787,352 shares of the stock traded hands, compared to its average volume of 3,865,535. The business has a fifty day moving average price of $229.10 and a two-hundred day moving average price of $220.05. 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, Inc. has a 52 week low of $158.84 and a 52 week high of $271.41. The firm has a market capitalization of $300.68 billion, a PE ratio of 27.23, a P/E/G ratio of 1.58 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data 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 return on equity of 18.09% and a net margin of 13.93%. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders 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 dividend yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend 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.