Coordinated Financial Services Inc. Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Coordinated Financial Services Inc. bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,469 shares of the Wireless communications provider’s stock, valued at approximately $766,000.

A number of other large investors have also added to or reduced their stakes in the stock. Personal CFO Solutions LLC grew its position in T-Mobile US by 40.3% in the 4th quarter. Personal CFO Solutions LLC now owns 1,583 shares of the Wireless communications provider’s stock worth $349,000 after purchasing an additional 455 shares during the period. Amundi grew its position in T-Mobile US by 19.1% in the 4th quarter. Amundi now owns 2,363,594 shares of the Wireless communications provider’s stock worth $509,402,000 after purchasing an additional 378,686 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in T-Mobile US by 3.7% in the 4th quarter. Dorsey & Whitney Trust CO LLC now owns 6,951 shares of the Wireless communications provider’s stock worth $1,534,000 after purchasing an additional 245 shares during the period. Larson Financial Group LLC grew its position in T-Mobile US by 2.8% in the 4th quarter. Larson Financial Group LLC now owns 15,039 shares of the Wireless communications provider’s stock worth $3,320,000 after purchasing an additional 406 shares during the period. Finally, HM Payson & Co. boosted its stake in shares of T-Mobile US by 413.1% during the 4th quarter. HM Payson & Co. now owns 1,293 shares of the Wireless communications provider’s stock worth $285,000 after acquiring an additional 1,041 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on TMUS. Morgan Stanley began coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price target on the stock. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research note on Thursday, December 12th. Barclays lifted 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 note on Monday, February 3rd. Finally, Scotiabank lifted their price target on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a research note on Monday, March 3rd. Nine investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $254.10.

Insider Transactions at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.9 %

Shares of TMUS stock opened at $265.24 on Friday. The stock has a market cap of $302.84 billion, a P/E ratio of 27.43, a PEG ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company’s fifty day simple moving average is $239.80 and its two-hundred day simple moving average is $226.42.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS 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%. Analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

T-Mobile US Company 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.