T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Secure Asset Management LLC

Secure Asset Management LLC lifted its position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 6.7% in the fourth quarter, HoldingsChannel reports. The firm owned 2,422 shares of the Wireless communications provider’s stock after buying an additional 152 shares during the period. Secure Asset Management LLC’s holdings in T-Mobile US were worth $535,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Donoghue Forlines LLC increased its holdings in shares of T-Mobile US by 20.6% during the 4th quarter. Donoghue Forlines LLC now owns 9,119 shares of the Wireless communications provider’s stock worth $2,013,000 after buying an additional 1,555 shares during the last quarter. Avior Wealth Management LLC grew its position in T-Mobile US by 76.3% in the fourth quarter. Avior Wealth Management LLC now owns 3,414 shares of the Wireless communications provider’s stock worth $754,000 after acquiring an additional 1,478 shares during the period. Mutual Advisors LLC increased its stake in T-Mobile US by 0.8% during the fourth quarter. Mutual Advisors LLC now owns 8,999 shares of the Wireless communications provider’s stock worth $1,942,000 after acquiring an additional 71 shares during the last quarter. True North Advisors LLC raised its position in T-Mobile US by 14.4% in the fourth quarter. True North Advisors LLC now owns 1,230 shares of the Wireless communications provider’s stock valued at $271,000 after purchasing an additional 155 shares during the period. Finally, Traynor Capital Management Inc. lifted its stake in shares of T-Mobile US by 4.9% in the 4th quarter. Traynor Capital Management Inc. now owns 4,632 shares of the Wireless communications provider’s stock valued at $1,022,000 after purchasing an additional 216 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’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 in the company, valued at approximately $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. In the last quarter, insiders sold 144,200 shares of company stock worth $32,736,303. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 1.2 %

NASDAQ TMUS opened at $218.57 on Friday. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The firm has a 50 day moving average of $227.27 and a two-hundred day moving average of $211.34. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $253.65 billion, a PE ratio of 24.92, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued 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. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. During the same quarter in the previous year, the firm posted $1.82 earnings per share. The company’s revenue was up 4.7% compared to the same quarter last year. As a group, research analysts expect that T-Mobile US, Inc. will post 9.3 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. T-Mobile US’s dividend payout ratio is presently 40.14%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on TMUS shares. Tigress Financial raised their price objective on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Bank of America boosted their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Barclays increased their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Benchmark boosted their target price on T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Raymond James lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Seven investment 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. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $245.74.

Get Our Latest Report on T-Mobile US

T-Mobile US Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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