Ferguson Wellman Capital Management Inc. Acquires 3,105 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Ferguson Wellman Capital Management Inc. lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the fourth quarter, HoldingsChannel reports. The firm owned 245,543 shares of the Wireless communications provider’s stock after purchasing an additional 3,105 shares during the quarter. T-Mobile US accounts for about 1.0% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 27th biggest holding. Ferguson Wellman Capital Management Inc.’s holdings in T-Mobile US were worth $54,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in TMUS. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares during the last quarter. Dunhill Financial LLC raised its holdings in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the period. MFA Wealth Advisors LLC lifted its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 77 shares during the last quarter. Financial Life Planners bought a new position in T-Mobile US during the fourth quarter valued at $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the third quarter worth $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In related news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost 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. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares of the company’s stock, valued at $989,166. The trade was a 19.92 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $246.24 on Monday. The company has a market capitalization of $281.14 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.44 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $250.50. The company has a fifty day moving average of $225.96 and a 200-day moving average of $215.70.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be paid 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 dividend payout ratio (DPR) is presently 36.40%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TMUS shares. Scotiabank upped their price target on T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Morgan Stanley began coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price for the company. KeyCorp lowered 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 report on Thursday, December 12th. Tigress Financial raised their price objective on shares of T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday. Finally, Oppenheimer lifted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

About T-Mobile US

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.