Trust Co. of Vermont raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 11.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,972 shares of the Wireless communications provider’s stock after purchasing an additional 2,865 shares during the quarter. Trust Co. of Vermont’s holdings in T-Mobile US were worth $5,954,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. KPP Advisory Services LLC lifted its holdings in 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 purchasing an additional 45 shares during the last quarter. DT Investment Partners LLC boosted its stake in 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 raised its stake in 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 increased its holdings in shares of T-Mobile US by 1.4% during 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 grew its position in T-Mobile US by 0.6% during 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 in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.
Analyst Ratings Changes
Several analysts have weighed in on the stock. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Tigress Financial upped their price target on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Oppenheimer upped their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Scotiabank boosted their price objective on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Finally, TD Cowen raised their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.
Insider Activity
In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at $89,891,418.52. This trade represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 164,200 shares of company stock valued at $37,407,303 in the last ninety days. 0.67% of the stock is owned by company insiders.
T-Mobile US Price Performance
TMUS stock traded up $3.22 during trading on Friday, reaching $218.97. 4,224,613 shares of the company were exchanged, compared to its average volume of 3,337,652. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a 50-day moving average of $229.26 and a two-hundred day moving average of $209.98.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during 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 was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.82 earnings per share. As a group, equities analysts predict that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.
T-Mobile US Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 40.14%.
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.
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