First Affirmative Financial Network Raises Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

First Affirmative Financial Network raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,381 shares of the Wireless communications provider’s stock after purchasing an additional 107 shares during the period. First Affirmative Financial Network’s holdings in T-Mobile US were worth $967,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Susquehanna Fundamental Investments LLC purchased a new position in T-Mobile US during the 2nd quarter worth $863,000. Quarry LP grew its stake in shares of T-Mobile US by 12.5% during the second quarter. Quarry LP now owns 748 shares of the Wireless communications provider’s stock worth $132,000 after acquiring an additional 83 shares during the last quarter. EP Wealth Advisors LLC increased its holdings in shares of T-Mobile US by 13.9% during the second quarter. EP Wealth Advisors LLC now owns 5,906 shares of the Wireless communications provider’s stock valued at $1,040,000 after acquiring an additional 721 shares in the last quarter. Truist Financial Corp raised its position in shares of T-Mobile US by 28.1% in the 2nd quarter. Truist Financial Corp now owns 484,891 shares of the Wireless communications provider’s stock valued at $85,428,000 after purchasing an additional 106,489 shares during the last quarter. Finally, Advisory Alpha LLC boosted its stake in T-Mobile US by 5.9% in the 2nd quarter. Advisory Alpha LLC now owns 1,419 shares of the Wireless communications provider’s stock worth $250,000 after purchasing an additional 79 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 6.3 %

TMUS stock opened at $235.15 on Thursday. The firm has a market cap of $272.89 billion, a PE ratio of 26.81, a PEG ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm’s 50 day moving average price is $226.37 and its 200-day moving average price is $212.66.

T-Mobile US (NASDAQ:TMUS) last released its quarterly 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 return on equity of 16.35% and a net margin of 12.96%. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Analyst Ratings Changes

Several equities analysts recently issued reports on TMUS shares. Citigroup upped their target price on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, October 21st. KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. Tigress Financial upped their target price on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target for the company. Finally, JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Seven equities research 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $245.74.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction dated 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 transaction, the director now directly owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. This represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 144,200 shares of company stock worth $32,736,303. 0.67% of the stock is currently owned by insiders.

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.