Secured Retirement Advisors LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,583 shares of the Wireless communications provider’s stock, valued at approximately $791,000.
A number of other institutional investors have also made changes to their positions in the business. JSF Financial LLC lifted its stake in shares of T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after buying an additional 44 shares during the last quarter. KPP Advisory Services LLC lifted its position in 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 acquiring 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 third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the period. D Orazio & Associates Inc. grew its position in shares of T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock valued at $290,000 after purchasing an additional 47 shares during the last quarter. Finally, Warren Street Wealth Advisors LLC increased its stake in shares of T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after purchasing an additional 47 shares during the period. 42.49% of the stock is owned by institutional investors.
T-Mobile US Price Performance
TMUS stock opened at $270.82 on Friday. The stock has a market cap of $309.21 billion, a price-to-earnings ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a 50 day simple moving average of $227.66 and a 200 day simple moving average of $218.37. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $271.41.
T-Mobile US Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.30%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.
Insider Activity
In related news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction on Monday, December 9th. The shares were purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock valued at $747,378 over the last quarter. 0.67% of the stock is owned by company insiders.
Wall Street Analysts Forecast Growth
A number of research analysts have commented on the company. Sanford C. Bernstein began coverage on T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. JPMorgan Chase & Co. upped their price target on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Benchmark reiterated a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. Wells Fargo & Company increased their target price on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. Finally, TD Cowen lifted their price target on shares of T-Mobile US from $216.00 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, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.
View Our Latest Research Report on TMUS
About T-Mobile US
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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