Hilltop National Bank Boosts Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Hilltop National Bank increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 8,954 shares of the Wireless communications provider’s stock after acquiring an additional 293 shares during the quarter. Hilltop National Bank’s holdings in T-Mobile US were worth $1,976,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. KPP Advisory Services LLC increased its holdings in T-Mobile US by 2.6% in the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after buying an additional 45 shares during the last quarter. DT Investment Partners LLC raised its position in shares of 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 in the last quarter. Old North State Trust LLC lifted its stake in T-Mobile US by 1.4% during the third quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after purchasing an additional 50 shares during the last quarter. Davis Investment Partners LLC boosted its holdings in T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after purchasing an additional 51 shares in the last quarter. Finally, Barden Capital Management Inc. increased its stake in T-Mobile US by 0.8% in the third quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock valued at $1,408,000 after purchasing an additional 54 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Wells Fargo & Company cut T-Mobile US from an “overweight” rating to an “equal weight” rating and cut their target price for the stock from $240.00 to $220.00 in a research report on Monday. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. The Goldman Sachs Group lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” 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 report on Monday, October 21st. Seven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Transactions at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now owns 378,124 shares in the company, valued at $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 206,969 shares of company stock valued at $46,656,527 in the last ninety days. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

TMUS traded down $5.44 on Friday, hitting $210.08. 1,110,908 shares of the company were exchanged, compared to its average volume of 3,426,141. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm has a market capitalization of $243.80 billion, a P/E ratio of 23.95, a price-to-earnings-growth ratio of 1.18 and a beta of 0.56. The business’s fifty day moving average is $230.65 and its 200 day moving average is $208.71.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.82 earnings per share. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.68%. T-Mobile US’s dividend payout ratio is presently 40.14%.

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.