Kathmere Capital Management LLC Boosts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Kathmere Capital Management LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 8.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,469 shares of the Wireless communications provider’s stock after acquiring an additional 120 shares during the quarter. Kathmere Capital Management LLC’s holdings in T-Mobile US were worth $324,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. DT Investment Partners LLC boosted its position in T-Mobile US by 65.3% during the third 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 in the last quarter. Dunhill Financial LLC lifted its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its holdings in shares of T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US in the 3rd quarter worth approximately $34,000. Finally, Planning Capital Management Corp raised its stake in shares of T-Mobile US by 134.7% during the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 101 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. UBS Group raised their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. The Goldman Sachs Group boosted their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Benchmark raised their price target on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Tigress Financial upped their price objective on shares of T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $245.74.

T-Mobile US Price Performance

Shares of TMUS opened at $215.75 on Friday. The business’s 50-day moving average is $229.57 and its two-hundred day moving average is $209.94. The company has a market capitalization of $250.38 billion, a P/E ratio of 24.60, a P/E/G ratio of 1.05 and a beta of 0.56. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week 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.

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 the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the company earned $1.82 earnings per share. T-Mobile US’s revenue for the quarter was up 4.7% compared to the same quarter last year. Research analysts predict that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This trade represents a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 164,200 shares of company stock worth $37,407,303. 0.67% of the stock is owned by company insiders.

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.