Bryn Mawr Capital Management LLC Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Bryn Mawr Capital Management LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13,145.8% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 145,439 shares of the Wireless communications provider’s stock after buying an additional 144,341 shares during the quarter. T-Mobile US accounts for 1.2% of Bryn Mawr Capital Management LLC’s investment portfolio, making the stock its 20th largest holding. Bryn Mawr Capital Management LLC’s holdings in T-Mobile US were worth $32,103,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in TMUS. DT Investment Partners LLC boosted its stake in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares in the last quarter. Dunhill Financial LLC lifted its holdings in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares during the period. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares in the last quarter. Financial Life Planners acquired a new position in shares of T-Mobile US during the 4th quarter worth $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US in the 3rd quarter valued at about $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of research analyst reports. Wells Fargo & Company boosted their price objective on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research note on Thursday, December 12th. The Goldman Sachs Group raised their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Barclays boosted their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Finally, Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

T-Mobile US Stock Up 0.1 %

TMUS stock opened at $263.35 on Thursday. The company has a 50 day moving average price of $229.68 and a two-hundred day moving average price of $220.35. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market capitalization of $300.68 billion, a P/E ratio of 27.23, a PEG ratio of 1.58 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating 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%. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. T-Mobile US’s payout ratio is currently 36.40%.

Insider Transactions at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction dated 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 owns 4,021 shares of the company’s stock, valued at $989,166. The trade was a 19.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,100 shares of company stock worth $747,378 in the last three months. Company insiders own 0.67% of the company’s stock.

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.