Impact Investors Inc purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 1,144 shares of the Wireless communications provider’s stock, valued at approximately $252,000.
A number of other large investors have also recently made changes to their positions in TMUS. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% in the 3rd 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. Financial Life Planners bought a new position in shares of T-Mobile US in the fourth quarter valued at approximately $29,000. Legacy Investment Solutions LLC purchased a new position in T-Mobile US during the third quarter valued at approximately $34,000. Planning Capital Management Corp increased its holdings in 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 worth $36,000 after acquiring an additional 101 shares during the period. Finally, Bruce G. Allen Investments LLC lifted its stake in T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 73 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
Analyst Ratings Changes
TMUS has been the topic of several research analyst reports. Bank of America upped their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Tigress Financial raised their price target on T-Mobile US from $280.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, February 6th. Benchmark reissued a “buy” rating and set a $255.00 price objective on shares of T-Mobile US in a report on Tuesday, January 28th. Royal Bank of Canada upped their price objective on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Finally, Barclays lifted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Seven investment 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 company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $251.79.
T-Mobile US Trading Up 0.9 %
Shares of TMUS opened at $270.54 on Wednesday. The stock has a market capitalization of $308.89 billion, a P/E ratio of 27.98, a PEG ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $273.40. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a fifty day simple moving average of $232.75 and a two-hundred day simple moving average of $222.70.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.30%. T-Mobile US’s dividend payout ratio is presently 36.40%.
Insider Buying and Selling
In related news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the sale, the director now directly owns 4,021 shares of the company’s stock, valued at $989,166. This represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Andre Almeida acquired 3,808 shares of the stock in a transaction on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. 0.67% of the stock is currently owned by 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.
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