Sanibel Captiva Trust Company Inc. grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 13.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,486 shares of the Wireless communications provider's stock after buying an additional 5,015 shares during the period. Sanibel Captiva Trust Company Inc.'s holdings in T-Mobile US were worth $9,157,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors have also bought and sold shares of the business. DT Investment Partners LLC increased its position in T-Mobile US by 65.3% during 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 last quarter. Dunhill Financial LLC grew 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 valued at $27,000 after buying an additional 56 shares during the period. MFA Wealth Advisors LLC raised its position in shares of T-Mobile US by 128.3% during the 3rd 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. Legacy Investment Solutions LLC acquired a new position in T-Mobile US in the third quarter valued at approximately $34,000. Finally, Bruce G. Allen Investments LLC increased its stake in T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after acquiring an additional 73 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at T-Mobile US
In related news, Director Raul Marcelo Claure sold 110,000 shares of the firm's stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares of the company's stock, valued at $323,262,057.20. This trade represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction that occurred 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 sale, the director now directly owns 5,021 shares of the company's stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 164,200 shares of company stock worth $37,407,303. Insiders own 0.67% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the company. KeyCorp cut T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target for the company. in a report on Thursday, December 12th. Benchmark lifted their price target on shares of T-Mobile US from $250.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. UBS Group upped their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, October 24th. Evercore ISI lifted their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Finally, TD Cowen upped their price target on T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $245.74.
Read Our Latest Stock Report on TMUS
T-Mobile US Stock Up 1.5 %
Shares of NASDAQ:TMUS traded up $3.22 during trading on Friday, hitting $218.97. 4,224,613 shares of the company were exchanged, compared to its average volume of 3,337,652. 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 firm's 50 day moving average price is $228.93 and its 200-day moving average price is $210.47. The stock has a market capitalization of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 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.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter last year, the company posted $1.82 earnings per share. The business's quarterly revenue was up 4.7% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.
T-Mobile US Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio is currently 40.14%.
About T-Mobile US
(
Free Report)
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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