DT Investment Partners LLC Boosts Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

DT Investment Partners LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 58.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189 shares of the Wireless communications provider’s stock after purchasing an additional 70 shares during the quarter. DT Investment Partners LLC’s holdings in T-Mobile US were worth $42,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. CFC Planning Co LLC purchased a new position in shares of T-Mobile US during the 4th quarter valued at approximately $476,000. Compagnie Lombard Odier SCmA grew its stake in T-Mobile US by 704.4% in the 4th quarter. Compagnie Lombard Odier SCmA now owns 732 shares of the Wireless communications provider’s stock valued at $162,000 after acquiring an additional 641 shares during the period. Family Capital Management Inc. acquired a new stake in T-Mobile US in the 4th quarter valued at $201,000. Catalyst Financial Partners LLC grew its stake in T-Mobile US by 2.4% in the 4th quarter. Catalyst Financial Partners LLC now owns 3,099 shares of the Wireless communications provider’s stock valued at $684,000 after acquiring an additional 73 shares during the period. Finally, Avestar Capital LLC grew its stake in T-Mobile US by 6.2% in the 4th quarter. Avestar Capital LLC now owns 4,715 shares of the Wireless communications provider’s stock valued at $1,041,000 after acquiring an additional 274 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Up 3.8 %

Shares of TMUS stock opened at $265.08 on Friday. The company’s 50-day moving average price is $226.70 and its 200-day moving average price is $217.39. 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 stock has a market cap of $302.65 billion, a price-to-earnings ratio of 27.41, a PEG ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $266.00.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on TMUS. The Goldman Sachs Group lifted their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Benchmark reissued a “buy” rating and issued a $255.00 price target on shares of T-Mobile US in a research note on Tuesday, January 28th. UBS Group lifted their price target on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Citigroup lifted 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, TD Cowen lifted their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction dated Friday, November 29th. The shares were 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 in the company, valued at approximately $989,166. The trade was a 19.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 3,100 shares of company stock worth $747,378. 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.