Savant Capital LLC Purchases 1,126 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Savant Capital LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,483 shares of the Wireless communications provider's stock after buying an additional 1,126 shares during the period. Savant Capital LLC's holdings in T-Mobile US were worth $2,976,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in TMUS. Canvas Wealth Advisors LLC increased its holdings in T-Mobile US by 3.9% in the 4th quarter. Canvas Wealth Advisors LLC now owns 1,712 shares of the Wireless communications provider's stock worth $378,000 after acquiring an additional 64 shares in the last quarter. Wealthstar Advisors LLC bought a new position in shares of T-Mobile US in the fourth quarter worth approximately $1,710,000. Tevis Investment Management purchased a new stake in shares of T-Mobile US in the fourth quarter worth $383,000. Legacy Financial Strategies LLC raised its position in shares of T-Mobile US by 7.8% during the 4th quarter. Legacy Financial Strategies LLC now owns 5,127 shares of the Wireless communications provider's stock valued at $1,126,000 after purchasing an additional 372 shares during the period. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA lifted its stake in shares of T-Mobile US by 5.1% during the 4th quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 2,317 shares of the Wireless communications provider's stock valued at $513,000 after buying an additional 113 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Down 1.3 %

TMUS traded down $3.42 on Wednesday, hitting $255.28. The company had a trading volume of 3,219,067 shares, compared to its average volume of 3,833,365. The business's fifty day simple moving average is $226.45 and its 200 day simple moving average is $217.12. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $259.59. The company has a market cap of $291.46 billion, a PE ratio of 26.40, a PEG ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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%. Equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of analyst reports. Bank of America increased their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Morgan Stanley assumed coverage on T-Mobile US in a research report on Monday, December 16th. They set an "overweight" rating and a $280.00 target price for the company. TD Cowen boosted their price target on T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. BNP Paribas upgraded T-Mobile US to a "strong-buy" rating in a research note on Friday, October 25th. Finally, Raymond James cut shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $251.79.

Insider Activity

In related news, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction 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 completion of the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is currently owned by company insiders.

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.