T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Dakota Wealth Management

Dakota Wealth Management boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,020 shares of the Wireless communications provider’s stock after purchasing an additional 3,851 shares during the period. Dakota Wealth Management’s holdings in T-Mobile US were worth $9,275,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. DT Investment Partners LLC lifted its position 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 worth $25,000 after purchasing an additional 47 shares during the period. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% in the third 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 position 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 worth $28,000 after purchasing an additional 77 shares during the period. Legacy Investment Solutions LLC acquired a new stake in T-Mobile US in the third quarter worth approximately $34,000. Finally, Planning Capital Management Corp lifted its position in shares of T-Mobile US by 134.7% during the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 101 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, 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 disclosure for this sale can be found here. Insiders sold 164,200 shares of company stock worth $37,407,303 over the last ninety days. Company insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 0.2 %

T-Mobile US stock opened at $219.49 on Wednesday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market capitalization of $254.72 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 1.09 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company’s fifty day moving average price is $228.55 and its two-hundred day moving average price is $210.98.

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. The firm had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.82 earnings per share. On average, analysts forecast that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. UBS Group increased their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Bank of America increased their price objective on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Tigress Financial increased their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Oppenheimer increased their price objective on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Citigroup increased their price objective on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price 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.