Financial Life Planners Acquires Shares of 131 T-Mobile US, Inc. (NASDAQ:TMUS)

Financial Life Planners bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, HoldingsChannel reports. The firm bought 131 shares of the Wireless communications provider’s stock, valued at approximately $29,000.

Other hedge funds also recently made changes to their positions in the company. Czech National Bank increased its stake in T-Mobile US by 1.6% during the third quarter. Czech National Bank now owns 99,828 shares of the Wireless communications provider’s stock valued at $20,601,000 after purchasing an additional 1,572 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of T-Mobile US by 28.1% in the 3rd quarter. GAMMA Investing LLC now owns 9,276 shares of the Wireless communications provider’s stock valued at $1,914,000 after buying an additional 2,036 shares during the period. Davis Investment Partners LLC grew its position in shares of T-Mobile US by 0.6% during the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after buying an additional 51 shares during the last quarter. Foresight Capital Management Advisors Inc. acquired a new stake in T-Mobile US during the third quarter worth about $255,000. Finally, Mather Group LLC. lifted its holdings in T-Mobile US by 6.6% in the third quarter. Mather Group LLC. now owns 4,568 shares of the Wireless communications provider’s stock worth $943,000 after acquiring an additional 282 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TMUS. Bank of America upped their target price on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. UBS Group upped their price objective on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company raised their target price on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Morgan Stanley assumed coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target for the company. Finally, Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $251.26.

T-Mobile US Price Performance

NASDAQ TMUS opened at $238.10 on Tuesday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The company has a fifty day simple moving average of $226.22 and a 200 day simple moving average of $213.75. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market cap of $276.31 billion, a P/E ratio of 24.62, a P/E/G ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates 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, sell-side analysts predict that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed 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 of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. T-Mobile US’s dividend payout ratio is 36.40%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares in the company, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Andre Almeida acquired 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The shares were bought 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 $897,621.76. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders have sold 34,200 shares of company stock worth $8,063,303. Insiders own 0.67% of the company’s stock.

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.