Dunhill Financial LLC Acquires 56 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Dunhill Financial LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 76.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129 shares of the Wireless communications provider’s stock after purchasing an additional 56 shares during the period. Dunhill Financial LLC’s holdings in T-Mobile US were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. KPP Advisory Services LLC increased its holdings in shares of T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares in the last quarter. DT Investment Partners LLC raised its position in 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. Davis Investment Partners LLC boosted its stake in T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after purchasing an additional 51 shares in the last quarter. Barden Capital Management Inc. lifted its position in T-Mobile US by 0.8% during the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after buying an additional 54 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in T-Mobile US by 0.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock worth $1,468,000 after acquiring an additional 56 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of TMUS stock opened at $243.78 on Monday. The firm has a market capitalization of $282.90 billion, a price-to-earnings ratio of 27.80, a price-to-earnings-growth ratio of 1.24 and a beta of 0.53. T-Mobile US, Inc. has a 12-month low of $153.84 and a 12-month high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The firm has a fifty day moving average of $228.07 and a 200-day moving average of $201.06.

T-Mobile US (NASDAQ:TMUS) last released its quarterly 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. 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 firm posted $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% compared to the same quarter last year. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared 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 1.44%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is currently 40.14%.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $246.00, for a total value 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 position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total value of $615,900.00. Following the transaction, the insider now directly owns 119,687 shares of the company’s stock, valued at $24,571,741.10. This represents a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 341,178 shares of company stock worth $73,048,712 over the last quarter. 0.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research reports. Oppenheimer upped their target price 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. TD Cowen upped their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. KeyCorp lifted their target price on T-Mobile US from $230.00 to $252.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Tigress Financial upped their price target on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, Raymond James lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $244.33.

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.