T-Mobile US, Inc. (NASDAQ:TMUS) Stock Position Increased by Stonegate Investment Group LLC

Stonegate Investment Group LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 13.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,291 shares of the Wireless communications provider’s stock after buying an additional 382 shares during the quarter. Stonegate Investment Group LLC’s holdings in T-Mobile US were worth $528,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its holdings in T-Mobile US by 21.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock worth $129,888,000 after buying an additional 180,468 shares in the last quarter. Sei Investments Co. raised its stake in T-Mobile US by 50.6% during the 1st quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after purchasing an additional 77,518 shares during the period. Prudential PLC purchased a new position in shares of T-Mobile US during the first quarter valued at $1,649,000. Cetera Investment Advisers increased its holdings in shares of T-Mobile US by 12.2% in the 1st quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after purchasing an additional 2,574 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of T-Mobile US by 105.7% during the first quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock worth $487,000 after purchasing an additional 1,951 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Down 0.4 %

NASDAQ:TMUS opened at $162.08 on Wednesday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The company has a market cap of $192.37 billion, a price-to-earnings ratio of 23.39, a P/E/G ratio of 0.66 and a beta of 0.49. The stock’s fifty day moving average price is $162.54 and its two-hundred day moving average price is $154.44.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. During the same quarter last year, the company earned $1.18 EPS. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. On average, analysts anticipate that T-Mobile US, Inc. will post 8.98 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.60%. T-Mobile US’s dividend payout ratio is presently 37.52%.

Insider Activity

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $162.67, for a total value of $31,706,009.70. Following the sale, the director now owns 693,049,391 shares in the company, valued at $112,738,344,433.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Teresa Taylor sold 12,022 shares of the business’s stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $162.67, for a total value of $31,706,009.70. Following the transaction, the director now owns 693,049,391 shares in the company, valued at approximately $112,738,344,433.97. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,923,807 shares of company stock valued at $964,126,290. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several recent research reports. Morgan Stanley boosted their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. UBS Group increased their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock a “buy” rating in a research report on Wednesday, December 13th. Oppenheimer reissued an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Tuesday, December 19th. Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Finally, Raymond James boosted their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $185.93.

Get Our Latest Analysis on T-Mobile US

T-Mobile US Profile

(Free Report)

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

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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