Rothschild Investment LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 5.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,326 shares of the Wireless communications provider’s stock after acquiring an additional 66 shares during the period. Rothschild Investment LLC’s holdings in T-Mobile US were worth $293,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. PFG Investments LLC lifted its stake in T-Mobile US by 16.6% during the third quarter. PFG Investments LLC now owns 1,456 shares of the Wireless communications provider’s stock valued at $301,000 after purchasing an additional 207 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in shares of T-Mobile US during the third quarter worth $315,000. J.W. Cole Advisors Inc. purchased a new stake in shares of T-Mobile US during the third quarter valued at $562,000. Nisa Investment Advisors LLC boosted its position in shares of T-Mobile US by 38.6% in the 3rd quarter. Nisa Investment Advisors LLC now owns 246,843 shares of the Wireless communications provider’s stock valued at $50,939,000 after purchasing an additional 68,805 shares during the period. Finally, Old Port Advisors purchased a new position in T-Mobile US in the 3rd quarter worth about $220,000. 42.49% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at T-Mobile US
In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by corporate insiders.
T-Mobile US Stock Up 0.9 %
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.30%. T-Mobile US’s payout ratio is presently 36.40%.
Analyst Ratings Changes
Several research analysts have commented on TMUS shares. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Scotiabank upped their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Morgan Stanley assumed coverage on shares of T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target for the company. Tigress Financial increased their target price on T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Finally, Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $251.79.
Get Our Latest Stock Report on TMUS
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.
Further Reading
- Five stocks we like better than T-Mobile US
- Do ETFs Pay Dividends? What You Need to Know
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- The Risks of Owning Bonds
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Dividend Capture Strategy: What You Need to Know
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
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.