T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Signet Financial Management LLC

Signet Financial Management LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 311.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,270 shares of the Wireless communications provider's stock after purchasing an additional 7,016 shares during the period. Signet Financial Management LLC's holdings in T-Mobile US were worth $2,046,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of TMUS. Wellington Management Group LLP raised its holdings in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock valued at $3,203,642,000 after buying an additional 602,786 shares during the period. FMR LLC increased its position in shares of T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after acquiring an additional 590,711 shares during the period. Legal & General Group Plc lifted its holdings in shares of T-Mobile US by 6.8% in the 2nd quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider's stock worth $837,032,000 after acquiring an additional 303,582 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of T-Mobile US by 4.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 4,459,130 shares of the Wireless communications provider's stock worth $785,667,000 after purchasing an additional 184,059 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Up 1.0 %

Shares of TMUS traded up $2.16 during mid-day trading on Monday, reaching $213.46. The company's stock had a trading volume of 3,644,987 shares, compared to its average volume of 3,908,269. The stock has a market cap of $247.72 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 1.18 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company's 50 day moving average is $230.41 and its 200 day moving average is $209.39.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to analysts' expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business's revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.82 earnings per share. Equities analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.65%. T-Mobile US's dividend payout ratio (DPR) is presently 40.14%.

Insider Activity

In other news, Director Andre Almeida purchased 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 completion of the acquisition, the director now directly owns 3,808 shares of the company's stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the business's stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total value of $9,249,223.94. Following the transaction, the executive vice president now owns 61,871 shares in the company, valued at $13,380,222.46. The trade was a 40.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 206,969 shares of company stock valued at $46,656,527 in the last ninety days. 0.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Barclays raised their target price on T-Mobile US from $215.00 to $230.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. TD Cowen boosted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, Oppenheimer increased their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and an average target price of $245.74.

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.

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