Schear Investment Advisers LLC Raises Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Schear Investment Advisers LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 34.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,209 shares of the Wireless communications provider's stock after acquiring an additional 1,330 shares during the quarter. Schear Investment Advisers LLC's holdings in T-Mobile US were worth $1,150,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DT Investment Partners LLC lifted its stake in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 77 shares during the period. Financial Life Planners acquired a new stake in shares of T-Mobile US during the fourth quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US in the 3rd quarter valued at approximately $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

Shares of TMUS stock traded down $3.42 during mid-day trading on Wednesday, hitting $255.28. 3,219,067 shares of the stock were exchanged, compared to its average volume of 3,833,365. The stock's fifty day simple moving average is $226.45 and its two-hundred day simple moving average is $217.12. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $259.59. The stock has a market capitalization of $291.46 billion, a price-to-earnings ratio of 26.40, a P/E/G ratio of 1.44 and a beta of 0.56.

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

T-Mobile US Announces Dividend

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

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of research reports. Tigress Financial upped their price target 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. Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a research note on Monday, February 3rd. Sanford C. Bernstein began coverage on shares of 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. Bank of America raised their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Finally, Scotiabank upped their target price 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. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $251.79.

Insiders Place Their Bets

In other news, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The stock was bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now owns 3,808 shares of the company's stock, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred 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 $989,166. This represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is 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.