T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Global Retirement Partners LLC

Global Retirement Partners LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 48.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,466 shares of the Wireless communications provider's stock after buying an additional 3,748 shares during the quarter. Global Retirement Partners LLC's holdings in T-Mobile US were worth $2,531,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DT Investment Partners LLC increased its holdings in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after buying 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. Financial Life Planners purchased a new position in T-Mobile US during the fourth quarter worth about $29,000. MFA Wealth Advisors LLC increased its position in shares of 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 valued at $28,000 after acquiring an additional 77 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $34,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on TMUS. Benchmark reiterated a "buy" rating and set a $255.00 price target on shares of T-Mobile US in a research note on Tuesday, January 28th. Royal Bank of Canada increased their price objective on T-Mobile US from $240.00 to $245.00 and gave the company a "sector perform" rating in a research note on Thursday, January 30th. Bank of America boosted their target price 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. Barclays upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Finally, The Goldman Sachs Group boosted their price objective on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and an average price target of $251.79.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the sale, the director now owns 4,021 shares of the company's stock, valued at $989,166. This trade represents a 19.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andre Almeida bought 3,808 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now directly owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 3,100 shares of company stock valued at $747,378. Insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded down $0.23 during trading on Friday, reaching $265.17. The company's stock had a trading volume of 3,554,246 shares, compared to its average volume of 3,824,914. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $271.41. The firm has a market cap of $302.76 billion, a PE ratio of 27.42, a P/E/G ratio of 1.53 and a beta of 0.56. The company has a 50-day moving average price of $230.32 and a two-hundred day moving average price of $220.66. 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 earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed 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 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is currently 36.40%.

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.