Decker Retirement Planning Inc. Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Decker Retirement Planning Inc. bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, HoldingsChannel reports. The firm bought 19,746 shares of the Wireless communications provider’s stock, valued at approximately $4,359,000. T-Mobile US makes up approximately 2.5% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 16th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. FMR LLC increased its position in shares of T-Mobile US by 13.4% during the third 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 during the period. Barclays PLC increased its holdings in T-Mobile US by 38.3% in the 3rd 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 during the period. Wellington Management Group LLP increased its holdings in T-Mobile US by 4.0% in the 3rd 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 during the period. Franklin Resources Inc. raised its stake in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of T-Mobile US by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after acquiring an additional 397,345 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Citigroup raised their target price on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Tigress Financial upped their price target on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. 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 report on Monday, January 6th. Seven analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $245.74.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company’s 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 completion of the transaction, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Nestor Cano sold 11,100 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at $1,015,300. This represents a 71.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 164,200 shares of company stock worth $37,407,303 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.7 %

Shares of NASDAQ TMUS opened at $215.75 on Friday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-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. The stock has a market cap 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. The firm has a 50 day moving average price of $229.57 and a 200 day moving average price of $209.94.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. Analysts expect that T-Mobile US, Inc. will post 9.31 EPS for the current year.

T-Mobile US Dividend Announcement

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

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.