Stillwater Capital Advisors LLC Grows Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Stillwater Capital Advisors LLC boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 95,248 shares of the Wireless communications provider’s stock after buying an additional 880 shares during the quarter. T-Mobile US accounts for approximately 2.6% of Stillwater Capital Advisors LLC’s holdings, making the stock its 11th biggest position. Stillwater Capital Advisors LLC’s holdings in T-Mobile US were worth $21,024,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. KPP Advisory Services LLC boosted its stake in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares during the last quarter. DT Investment Partners LLC grew its stake in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the period. Relyea Zuckerberg Hanson LLC increased its position in shares of T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after purchasing an additional 48 shares during the last quarter. Old North State Trust LLC lifted its stake in shares of T-Mobile US by 1.4% in the 3rd quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after purchasing an additional 50 shares during the period. Finally, Davis Investment Partners LLC boosted its holdings in shares of T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after buying an additional 51 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 1.5 %

Shares of TMUS stock opened at $218.97 on Friday. The company’s fifty day simple moving average is $228.93 and its two-hundred day simple moving average is $210.26. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The stock has a market cap of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.82 earnings per share. Analysts predict that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is 40.14%.

Insider Buying and Selling

In other news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Letitia A. Long sold 1,100 shares of the firm’s 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 sale, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 164,200 shares of company stock worth $37,407,303. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the stock. Evercore ISI increased their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. UBS Group raised their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Bank of America upped their price target on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada cut T-Mobile US from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $255.00 to $240.00 in a research report on Monday, January 6th. Seven analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $245.74.

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.