T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Perkins Coie Trust Co

Perkins Coie Trust Co grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 526.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 307 shares of the Wireless communications provider’s stock after acquiring an additional 258 shares during the quarter. Perkins Coie Trust Co’s holdings in T-Mobile US were worth $68,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Stillwater Capital Advisors LLC grew its holdings in shares of T-Mobile US by 0.9% during the fourth quarter. Stillwater Capital Advisors LLC now owns 95,248 shares of the Wireless communications provider’s stock worth $21,024,000 after buying an additional 880 shares during the last quarter. Oak Ridge Investments LLC grew its stake in shares of T-Mobile US by 5.7% in the 4th quarter. Oak Ridge Investments LLC now owns 60,315 shares of the Wireless communications provider’s stock valued at $13,313,000 after purchasing an additional 3,241 shares during the last quarter. Aaron Wealth Advisors LLC increased its holdings in shares of T-Mobile US by 5.5% in the fourth quarter. Aaron Wealth Advisors LLC now owns 2,232 shares of the Wireless communications provider’s stock valued at $493,000 after purchasing an additional 116 shares during the period. Whitaker Myers Wealth Managers LTD. purchased a new stake in shares of T-Mobile US during the fourth quarter worth approximately $209,000. Finally, Moss Adams Wealth Advisors LLC lifted its holdings in shares of T-Mobile US by 6.2% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 2,197 shares of the Wireless communications provider’s stock worth $485,000 after purchasing an additional 129 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Andre Almeida acquired 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were bought 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. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders sold a total of 164,200 shares of company stock worth $37,407,303 over the last ninety days. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Performance

Shares of TMUS opened at $218.97 on Friday. The company has a 50-day moving average of $228.93 and a two-hundred day moving average of $210.26. The stock has a market cap of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company earned $1.82 EPS. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. As a group, research analysts predict that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced 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 is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Bank of America upped their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Benchmark raised their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Tigress Financial boosted their target price on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Finally, TD Cowen lifted their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven investment 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 company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $245.74.

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.