Trust Co. of Vermont boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 11.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 26,972 shares of the Wireless communications provider's stock after acquiring an additional 2,865 shares during the period. Trust Co. of Vermont's holdings in T-Mobile US were worth $5,954,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of TMUS. Shelton Wealth Management LLC increased its position in T-Mobile US by 1.1% during the fourth quarter. Shelton Wealth Management LLC now owns 5,063 shares of the Wireless communications provider's stock worth $1,118,000 after buying an additional 56 shares during the period. Premier Path Wealth Partners LLC increased its holdings in shares of T-Mobile US by 4.5% in the 4th quarter. Premier Path Wealth Partners LLC now owns 3,456 shares of the Wireless communications provider's stock valued at $763,000 after purchasing an additional 149 shares in the last quarter. Sanibel Captiva Trust Company Inc. lifted its position in shares of T-Mobile US by 13.8% during the 4th quarter. Sanibel Captiva Trust Company Inc. now owns 41,486 shares of the Wireless communications provider's stock valued at $9,157,000 after acquiring an additional 5,015 shares during the period. Merit Financial Group LLC boosted its position in T-Mobile US by 206.6% during the fourth quarter. Merit Financial Group LLC now owns 7,257 shares of the Wireless communications provider's stock worth $1,602,000 after purchasing an additional 4,890 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC grew its stake in T-Mobile US by 3.9% in the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock valued at $284,000 after acquiring an additional 48 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.
T-Mobile US Stock Performance
Shares of TMUS traded up $3.22 during trading hours on Friday, reaching $218.97. 4,224,613 shares of the company's stock traded hands, compared to its average volume of 3,337,652. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The firm has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56. The business's fifty day simple moving average is $228.93 and its two-hundred day simple moving average is $210.47. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts' consensus estimates of $2.32 by $0.29. The firm 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%. T-Mobile US's revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. Analysts predict that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.
T-Mobile US Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is currently 40.14%.
Insider Activity
In other news, Director Letitia A. Long sold 1,100 shares of the company's stock in a transaction dated 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 sale, the director now owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Peter Osvaldik sold 20,000 shares of the business's stock in a transaction on Friday, October 25th. The stock was sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the sale, the chief financial officer now owns 61,307 shares of the company's stock, valued at $14,318,249.85. The trade was a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 164,200 shares of company stock worth $37,407,303 in the last ninety days. Corporate insiders own 0.67% of the company's stock.
Analyst Ratings Changes
A number of research firms have issued reports on TMUS. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Sanford C. Bernstein assumed coverage on T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price objective on the stock. Evercore ISI increased their target price on T-Mobile US from $220.00 to $240.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Scotiabank increased their price objective on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Finally, Royal Bank of Canada lowered shares of T-Mobile US from an "outperform" rating to a "sector perform" rating and dropped their price target for the stock from $255.00 to $240.00 in a research report on Monday, January 6th. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $245.74.
Get Our Latest Analysis on TMUS
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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