Net Worth Advisory Group Boosts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Net Worth Advisory Group raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 24.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,177 shares of the Wireless communications provider’s stock after purchasing an additional 820 shares during the quarter. Net Worth Advisory Group’s holdings in T-Mobile US were worth $922,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Dunhill Financial LLC increased its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the period. Financial Life Planners purchased a new position in shares of T-Mobile US during the fourth quarter worth approximately $29,000. Legacy Investment Solutions LLC purchased a new position in shares of T-Mobile US during the third quarter worth approximately $34,000. Planning Capital Management Corp increased its position in shares of T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 101 shares during the period. Finally, Bruce G. Allen Investments LLC increased 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 acquiring an additional 73 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Up 0.5 %

NASDAQ:TMUS opened at $266.63 on Tuesday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The firm has a fifty day simple moving average of $240.72 and a 200-day simple moving average of $227.13. 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 capitalization of $304.42 billion, a P/E ratio of 27.57, a PEG ratio of 1.55 and a beta of 0.64.

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 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%. On average, equities research analysts anticipate 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. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.32%. T-Mobile US’s payout ratio is currently 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company’s stock, valued at $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of research reports. Hsbc Global Res lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Morgan Stanley started coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Royal Bank of Canada reiterated a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Nine investment 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 presently has an average rating of “Moderate Buy” and an average target price of $254.10.

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.