T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Premier Path Wealth Partners LLC

Premier Path Wealth Partners LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,456 shares of the Wireless communications provider’s stock after purchasing an additional 149 shares during the period. Premier Path Wealth Partners LLC’s holdings in T-Mobile US were worth $763,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DT Investment Partners LLC increased its position in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Dunhill Financial LLC grew its stake in T-Mobile US by 76.7% during 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 in the last quarter. MFA Wealth Advisors LLC increased its holdings in 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 during the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US in the 3rd quarter valued at approximately $34,000. Finally, Bruce G. Allen Investments LLC boosted its stake in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 73 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $218.97 on Friday. The firm’s 50 day moving average is $228.93 and its two-hundred day moving average is $210.26. The firm has a market capitalization of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same period last year, the firm earned $1.82 EPS. The firm’s revenue was up 4.7% compared to the same quarter last year. Analysts anticipate that T-Mobile US, Inc. will post 9.31 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors 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 dividend on an annualized basis and a yield of 1.61%. T-Mobile US’s dividend payout ratio is presently 40.14%.

Insider Buying and Selling at T-Mobile US

In other news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the transaction, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This trade represents a 7.09 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Srikant M. Datar sold 1,000 shares of the company’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 completion of the sale, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 164,200 shares of company stock valued at $37,407,303. Company insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Bank of America upped their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Tigress Financial boosted their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Sanford C. Bernstein started coverage on T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price on the stock. Finally, Wells Fargo & Company downgraded T-Mobile US from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $240.00 to $220.00 in a report on Monday, January 6th. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

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.