T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Flputnam Investment Management Co.

Flputnam Investment Management Co. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 149,352 shares of the Wireless communications provider’s stock after purchasing an additional 1,346 shares during the quarter. Flputnam Investment Management Co.’s holdings in T-Mobile US were worth $32,966,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in TMUS. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Financial Life Planners acquired a new stake in shares of T-Mobile US in the fourth quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new stake in shares of T-Mobile US during the third quarter valued at approximately $34,000. Bruce G. Allen Investments LLC boosted its position in shares of T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 73 shares during the period. Finally, Planning Capital Management Corp grew its holdings in T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 101 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 2.1 %

Shares of NASDAQ TMUS opened at $269.69 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $273.40. The company has a market cap of $307.92 billion, a price-to-earnings ratio of 27.89, a P/E/G ratio of 1.55 and a beta of 0.56. The business has a fifty day simple moving average of $235.52 and a 200-day simple moving average of $223.80.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS 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%. Sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently declared 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. This represents a $3.52 annualized dividend and a dividend yield of 1.31%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Morgan Stanley assumed coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Barclays lifted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday. Finally, Scotiabank increased their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Seven 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 company. Based on data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $251.79.

Insider Transactions at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction dated Friday, December 13th. The stock was 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 directly owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, 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. 0.67% of the stock is currently owned by company insiders.

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.