Stableford Capital II LLC reduced its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,661 shares of the Wireless communications provider’s stock after selling 160 shares during the quarter. Stableford Capital II LLC’s holdings in T-Mobile US were worth $1,912,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds also recently added to or reduced their stakes in the company. KPP Advisory Services LLC grew its holdings in shares of 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 acquiring an additional 45 shares during the period. DT Investment Partners LLC grew its holdings in T-Mobile US by 65.3% in the third 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. Relyea Zuckerberg Hanson LLC increased its position in shares of T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after buying an additional 48 shares in the last quarter. Old North State Trust LLC raised its stake 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 buying an additional 50 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of T-Mobile US by 1.5% in the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock worth $735,000 after buying an additional 50 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on TMUS. JPMorgan Chase & Co. lifted their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday. Royal Bank of Canada lifted their price objective on T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a research report on Thursday. Scotiabank increased their target price on T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday. Citigroup boosted their price target on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Finally, Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $250.21.
T-Mobile US Trading Down 0.6 %
TMUS opened at $232.97 on Friday. The stock has a market capitalization of $270.36 billion, a PE ratio of 24.09, a P/E/G ratio of 1.17 and a beta of 0.56. 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, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The firm’s fifty day moving average price is $226.22 and its 200 day moving average price is $213.32.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.00%. As a group, research analysts expect that T-Mobile US, Inc. will post 10.15 EPS for the current fiscal year.
T-Mobile US Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is currently 36.40%.
Insider Buying and Selling
In other news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the transaction, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This trade represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 144,200 shares of company stock worth $32,736,303 over the last ninety days. 0.67% of the stock is owned by 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.
Featured Articles
- Five stocks we like better than T-Mobile US
- 3 Warren Buffett Stocks to Buy Now
- ServiceNow Stock Slips, But AI Expansion Signals Long-Term Gains
- What Are Treasury Bonds?
- Microsoft and Meta’s AI Investment Plans Are Full Steam Ahead
- Bank Stocks – Best Bank Stocks to Invest In
- Beyond Self-Driving Cars: Factory Automation Takes Center Stage
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS – Free Report).
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.