Trust Co. of Toledo NA OH Increases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Trust Co. of Toledo NA OH raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,130 shares of the Wireless communications provider’s stock after buying an additional 73 shares during the period. Trust Co. of Toledo NA OH’s holdings in T-Mobile US were worth $249,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% in the 3rd 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 during the last quarter. DT Investment Partners LLC boosted 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 purchasing an additional 47 shares during the last quarter. Old North State Trust LLC boosted its holdings in shares of T-Mobile US by 1.4% during the 3rd quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after purchasing an additional 50 shares during the last quarter. Davis Investment Partners LLC boosted its holdings in shares of T-Mobile US by 0.6% during the 3rd 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 during the last quarter. Finally, Barden Capital Management Inc. boosted its holdings in shares of 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 purchasing an additional 54 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Up 1.0 %

Shares of NASDAQ TMUS opened at $213.46 on Tuesday. The firm has a market cap of $247.72 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 1.18 and a beta of 0.56. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The business’s 50 day moving average is $230.19 and its two-hundred day moving average is $209.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company earned $1.82 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Research analysts predict that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.65%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is currently 40.14%.

Analysts Set New Price Targets

TMUS has been the topic of several recent research reports. TD Cowen boosted their target price on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Bank of America boosted their target price on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Raymond James lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Tigress Financial lifted their price target on shares of T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Finally, The Goldman Sachs Group lifted their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $245.74.

Insider Transactions at T-Mobile US

In related news, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the transaction, the executive vice president now owns 61,871 shares of the company’s stock, valued at approximately $13,380,222.46. The trade was a 40.87 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 206,969 shares of company stock valued at $46,656,527. 0.67% of the stock is currently owned by company insiders.

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.