Sunflower Bank N.A. Invests $226,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Sunflower Bank N.A. acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, HoldingsChannel reports. The fund acquired 1,024 shares of the Wireless communications provider’s stock, valued at approximately $226,000.

Several other large investors also recently made changes to their positions in the business. FMR LLC increased its holdings in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares in the last quarter. Barclays PLC grew its stake in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. Wellington Management Group LLP grew its stake in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares in the last quarter. Franklin Resources Inc. grew its position in T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after acquiring an additional 590,711 shares in the last quarter. Finally, Nordea Investment Management AB lifted its position in shares of T-Mobile US by 36.9% during the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after purchasing an additional 397,345 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the sale, the executive vice president now directly owns 61,871 shares in the company, valued at $13,380,222.46. The trade was a 40.87 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction on 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 transaction, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 206,969 shares of company stock worth $46,656,527. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

TMUS stock traded up $2.16 on Monday, hitting $213.46. 3,644,684 shares of the company’s stock traded hands, compared to its average volume of 3,902,551. The stock has a market cap of $247.72 billion, a price-to-earnings ratio of 24.34, a P/E/G ratio of 1.18 and a beta of 0.56. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a fifty day moving average of $230.41 and a 200-day moving average of $209.39.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period in the prior year, the firm earned $1.82 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. On average, analysts forecast that T-Mobile US, Inc. will post 9.38 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. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.65%. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of recent analyst reports. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Benchmark raised their price objective on T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Oppenheimer raised their price target 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. JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company cut T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $240.00 to $220.00 in a research note on Monday, January 6th. Seven research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US 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.