T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 28,697 shares of the Wireless communications provider’s stock after acquiring an additional 150 shares during the period. T-Mobile US accounts for approximately 1.3% of SeaBridge Investment Advisors LLC’s portfolio, making the stock its 19th biggest holding. SeaBridge Investment Advisors LLC’s holdings in T-Mobile US were worth $6,334,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. China Universal Asset Management Co. Ltd. boosted its stake in shares of T-Mobile US by 27.6% during the fourth quarter. China Universal Asset Management Co. Ltd. now owns 18,886 shares of the Wireless communications provider’s stock valued at $4,169,000 after acquiring an additional 4,087 shares during the last quarter. Custom Index Systems LLC boosted its stake in shares of T-Mobile US by 3.6% during the fourth quarter. Custom Index Systems LLC now owns 2,184 shares of the Wireless communications provider’s stock valued at $482,000 after acquiring an additional 76 shares during the last quarter. Heck Capital Advisors LLC purchased a new position in T-Mobile US during the fourth quarter worth about $1,031,000. Caprock Group LLC lifted its position in T-Mobile US by 9.9% during the fourth quarter. Caprock Group LLC now owns 36,008 shares of the Wireless communications provider’s stock worth $7,948,000 after buying an additional 3,255 shares during the period. Finally, Quantum Financial Planning Services Inc. purchased a new position in T-Mobile US during the fourth quarter worth about $1,364,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TMUS. Daiwa America upgraded T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Benchmark reiterated a “buy” rating and set a $255.00 target price on shares of T-Mobile US in a research report on Tuesday. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. JPMorgan Chase & Co. increased their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, UBS Group raised their price objective on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $250.21.

T-Mobile US Price Performance

TMUS stock opened at $232.97 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The firm has a market cap of $270.36 billion, a P/E ratio of 24.09, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. The stock has a 50-day simple moving average of $226.22 and a 200-day simple moving average of $213.32.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.00% and a net margin of 13.93%. On average, equities analysts predict that T-Mobile US, Inc. will post 10.15 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.51%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, EVP Nestor Cano sold 11,100 shares of T-Mobile US stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $1,015,300. This trade represents a 71.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 144,200 shares of company stock worth $32,736,303 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

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.