T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Vest Financial LLC

Vest Financial LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 4,049 shares of the Wireless communications provider’s stock after purchasing an additional 401 shares during the quarter. Vest Financial LLC’s holdings in T-Mobile US were worth $894,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TMUS. Brookstone Capital Management purchased a new stake in shares of T-Mobile US in the third quarter valued at approximately $230,000. LVW Advisors LLC acquired a new position in T-Mobile US during the third quarter worth $228,000. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in T-Mobile US by 365.1% in the 3rd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 4,149 shares of the Wireless communications provider’s stock valued at $856,000 after buying an additional 3,257 shares in the last quarter. Ritholtz Wealth Management increased its stake in shares of T-Mobile US by 8.4% in the 3rd quarter. Ritholtz Wealth Management now owns 10,876 shares of the Wireless communications provider’s stock worth $2,244,000 after acquiring an additional 843 shares during the last quarter. Finally, Compton Wealth Advisory Group LLC raised its holdings in shares of T-Mobile US by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 15,494 shares of the Wireless communications provider’s stock worth $3,197,000 after acquiring an additional 485 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TMUS shares. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Bank of America upped their price objective on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Wells Fargo & Company raised their target price on T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Finally, BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $246.24 on Monday. The stock’s 50-day simple moving average is $225.96 and its 200-day simple moving average is $215.70. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market capitalization of $281.14 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 1.44 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 $250.50.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,100 shares of company stock worth $747,378. Corporate insiders own 0.67% of the company’s stock.

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.