Capital Advisors Inc. OK bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,095 shares of the Wireless communications provider’s stock, valued at approximately $242,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC increased its position in shares of 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 raised its stake 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 valued at $28,000 after purchasing an additional 77 shares in the last quarter. Financial Life Planners bought a new stake in T-Mobile US during the fourth quarter worth about $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in T-Mobile US during the third quarter worth about $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US Stock Performance
NASDAQ:TMUS opened at $255.28 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $259.59. The company has a 50 day simple moving average of $226.45 and a two-hundred day simple moving average of $217.12. The company has a market capitalization of $291.46 billion, a PE ratio of 26.40, a P/E/G ratio of 1.44 and a beta of 0.56.
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 given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.38%. T-Mobile US’s payout ratio is 36.40%.
Analysts Set New Price Targets
TMUS has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Morgan Stanley assumed coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. TD Cowen boosted their target price on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Citigroup raised their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $251.79.
Read Our Latest Report on T-Mobile US
Insider Buying and Selling
In related news, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The stock was bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This represents a ∞ increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US 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 completion of 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 position. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock valued at $747,378 over the last 90 days. Company insiders own 0.67% of the company’s stock.
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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