Dynasty Wealth Management LLC reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 5.2% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,847 shares of the Wireless communications provider’s stock after selling 319 shares during the quarter. Dynasty Wealth Management LLC’s holdings in T-Mobile US were worth $1,291,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. JSF Financial LLC increased its holdings in T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after buying an additional 44 shares during the last quarter. KPP Advisory Services LLC increased its holdings in T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares during the last quarter. D Orazio & Associates Inc. increased its holdings in T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after buying an additional 47 shares during the last quarter. Warren Street Wealth Advisors LLC increased its holdings in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after buying an additional 47 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its holdings in T-Mobile US by 3.9% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after buying an additional 48 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US Trading Up 2.1 %
Shares of T-Mobile US stock opened at $269.69 on Friday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $273.40. The firm has a market cap of $307.92 billion, a PE ratio of 27.89, a PEG ratio of 1.55 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a 50 day simple moving average of $235.52 and a two-hundred day simple moving average of $223.80.
T-Mobile US Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.
Insider Activity at T-Mobile US
In other news, Director Andre Almeida purchased 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The stock was bought 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 of the company’s stock, valued at $897,621.76. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the sale, the director now owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
Several equities analysts have recently weighed in on the stock. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Oppenheimer lifted their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Barclays lifted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday. Finally, Sanford C. Bernstein assumed 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 target price for the company. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $251.79.
View Our Latest Stock Analysis on T-Mobile US
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.
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