T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Stewardship Advisors LLC

Stewardship Advisors LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,095 shares of the Wireless communications provider’s stock after buying an additional 110 shares during the quarter. Stewardship Advisors LLC’s holdings in T-Mobile US were worth $242,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. MBB Public Markets I LLC purchased a new stake in T-Mobile US in the second quarter valued at $6,558,000. Mackenzie Financial Corp lifted its holdings in shares of T-Mobile US by 22.3% in the 2nd quarter. Mackenzie Financial Corp now owns 391,280 shares of the Wireless communications provider’s stock valued at $68,936,000 after buying an additional 71,406 shares during the period. Scientech Research LLC purchased a new stake in shares of T-Mobile US in the second quarter worth about $497,000. Susquehanna Fundamental Investments LLC acquired a new stake in T-Mobile US during the second quarter worth about $863,000. Finally, Kathmere Capital Management LLC purchased a new position in T-Mobile US during the second quarter valued at approximately $233,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the sale, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 144,200 shares of company stock worth $32,736,303. 0.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on TMUS shares. The Goldman Sachs Group upped their price objective on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Wells Fargo & Company downgraded shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and lowered their price target for the stock from $240.00 to $220.00 in a report on Monday, January 6th. Raymond James cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Tigress Financial raised their target price on 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, Bank of America upped their price target on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a 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 issued a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

T-Mobile US Price Performance

T-Mobile US stock opened at $218.57 on Friday. The company has a fifty day simple moving average of $226.93 and a 200-day simple moving average of $211.62. 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 market capitalization of $253.65 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.82 EPS. On average, equities analysts anticipate that T-Mobile US, Inc. will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. T-Mobile US’s dividend payout ratio is presently 40.14%.

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.