First National Bank of Mount Dora Trust Investment Services Acquires 113 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

First National Bank of Mount Dora Trust Investment Services lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 50,118 shares of the Wireless communications provider’s stock after acquiring an additional 113 shares during the quarter. T-Mobile US comprises approximately 2.6% of First National Bank of Mount Dora Trust Investment Services’ holdings, making the stock its 6th biggest holding. First National Bank of Mount Dora Trust Investment Services’ holdings in T-Mobile US were worth $11,063,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Moors & Cabot Inc. lifted its holdings in T-Mobile US by 108.1% in the 2nd quarter. Moors & Cabot Inc. now owns 3,637 shares of the Wireless communications provider’s stock worth $641,000 after buying an additional 1,889 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in T-Mobile US by 1.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 46,731 shares of the Wireless communications provider’s stock worth $8,233,000 after buying an additional 761 shares in the last quarter. Argent Trust Co lifted its holdings in T-Mobile US by 2.4% in the 2nd quarter. Argent Trust Co now owns 5,535 shares of the Wireless communications provider’s stock worth $975,000 after buying an additional 129 shares in the last quarter. Intech Investment Management LLC lifted its holdings in T-Mobile US by 30.6% in the 2nd quarter. Intech Investment Management LLC now owns 83,837 shares of the Wireless communications provider’s stock worth $14,770,000 after buying an additional 19,639 shares in the last quarter. Finally, Ieq Capital LLC lifted its holdings in T-Mobile US by 11.7% in the 2nd quarter. Ieq Capital LLC now owns 34,116 shares of the Wireless communications provider’s stock worth $6,011,000 after buying an additional 3,567 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insiders Place Their Bets

In related news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Peter Osvaldik sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $233.55, for a total value of $4,671,000.00. Following the completion of the sale, the chief financial officer now directly owns 61,307 shares in the company, valued at $14,318,249.85. This trade represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 164,200 shares of company stock valued at $37,407,303 over the last 90 days. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Stock Performance

TMUS stock opened at $218.97 on Friday. The firm has a 50 day moving average of $229.26 and a two-hundred day moving average of $209.98. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The company has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $20.01 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of recent analyst reports. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada lowered shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and cut their price objective for the stock from $255.00 to $240.00 in a report on Monday, January 6th. Citigroup upped their target price on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Morgan Stanley began coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Finally, Wells Fargo & Company lowered shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their target price for the company from $240.00 to $220.00 in a research note on Monday, January 6th. Seven research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

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.