T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by EverSource Wealth Advisors LLC

EverSource Wealth Advisors LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 24.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 1,519 shares of the Wireless communications provider’s stock after acquiring an additional 298 shares during the period. EverSource Wealth Advisors LLC’s holdings in T-Mobile US were worth $335,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Sequoia Financial Advisors LLC grew its position in shares of T-Mobile US by 2.8% in the fourth quarter. Sequoia Financial Advisors LLC now owns 14,653 shares of the Wireless communications provider’s stock valued at $3,234,000 after purchasing an additional 398 shares during the period. Moors & Cabot Inc. grew its holdings in T-Mobile US by 1.5% in the 4th quarter. Moors & Cabot Inc. now owns 3,691 shares of the Wireless communications provider’s stock valued at $815,000 after buying an additional 53 shares during the period. Natural Investments LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at about $723,000. GC Wealth Management RIA LLC lifted its holdings in shares of T-Mobile US by 14.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider’s stock worth $2,804,000 after acquiring an additional 1,592 shares during the period. Finally, Sage Mountain Advisors LLC boosted its position in shares of T-Mobile US by 14.1% in the fourth quarter. Sage Mountain Advisors LLC now owns 3,242 shares of the Wireless communications provider’s stock worth $716,000 after acquiring an additional 401 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Morgan Stanley initiated coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target for the company. Sanford C. Bernstein assumed coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price on the stock. Barclays boosted their price target on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Tigress Financial restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, JPMorgan Chase & Co. increased their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Ten equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $254.80.

T-Mobile US Stock Down 1.2 %

Shares of T-Mobile US stock opened at $255.98 on Friday. The business has a 50-day moving average price of $243.67 and a 200 day moving average price of $228.51. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. The firm has a market cap of $292.26 billion, a P/E ratio of 26.47, a P/E/G ratio of 1.55 and a beta of 0.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given 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 1.38%. 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.