Greenleaf Trust Buys 382 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Greenleaf Trust increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.1% during the 4th quarter, Holdings Channel reports. The fund owned 9,806 shares of the Wireless communications provider’s stock after acquiring an additional 382 shares during the period. Greenleaf Trust’s holdings in T-Mobile US were worth $2,164,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wellington Management Group LLP boosted its stake in T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares in the last quarter. FMR LLC boosted its stake in 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 worth $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. boosted its stake in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares in the last quarter. Barclays PLC lifted its stake in shares of T-Mobile US by 38.3% in the third 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 in the last quarter. Finally, Principal Financial Group Inc. lifted its stake in shares of T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after buying an additional 47,350 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Price Performance

TMUS opened at $232.97 on Monday. The company has a market capitalization of $270.36 billion, a price-to-earnings ratio of 24.09, a PEG ratio of 1.17 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. The firm has a 50-day moving average price of $226.22 and a 200-day moving average price of $213.53. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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 18.00%. Equities analysts expect that T-Mobile US, Inc. will post 10.15 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid 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 1.51%. T-Mobile US’s payout ratio is 36.40%.

Insider Activity

In related news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. This represents a 71.61 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 34,200 shares of company stock worth $8,063,303. 0.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of research firms have weighed in on TMUS. UBS Group raised their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. 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 price objective on the stock. Oppenheimer raised 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. Finally, Scotiabank raised their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research report on Thursday. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $250.21.

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.