Gryphon Financial Partners LLC Raises Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Gryphon Financial Partners LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 25.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,476 shares of the Wireless communications provider’s stock after buying an additional 297 shares during the quarter. Gryphon Financial Partners LLC’s holdings in T-Mobile US were worth $326,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC grew its holdings in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. Financial Life Planners bought a new position in T-Mobile US during the 4th quarter valued at about $29,000. Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the third quarter valued at approximately $34,000. Planning Capital Management Corp increased its stake in T-Mobile US by 134.7% in the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 101 shares during the period. Finally, Bruce G. Allen Investments LLC lifted its holdings in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 73 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TMUS. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Bank of America raised their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Benchmark reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Barclays increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Finally, Morgan Stanley started coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $253.26.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $272.83 on Tuesday. The business has a 50 day simple moving average of $236.54 and a 200-day simple moving average of $224.74. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $276.49. The company has a market capitalization of $311.50 billion, a price-to-earnings ratio of 28.21, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping 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, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders 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 yield of 1.29%. T-Mobile US’s payout ratio is currently 36.40%.

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.