4WEALTH Advisors Inc. Purchases New Shares in T-Mobile US, Inc. (NASDAQ:TMUS)

4WEALTH Advisors Inc. purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 1,877 shares of the Wireless communications provider's stock, valued at approximately $414,000.

A number of other institutional investors and hedge funds have also modified their holdings of TMUS. Principal Financial Group Inc. grew its position in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after buying an additional 47,350 shares during the period. Barclays PLC boosted its stake in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after acquiring an additional 876,182 shares during the last quarter. Pine Valley Investments Ltd Liability Co increased its stake in T-Mobile US by 1.3% in the third quarter. Pine Valley Investments Ltd Liability Co now owns 5,498 shares of the Wireless communications provider's stock valued at $1,135,000 after purchasing an additional 70 shares in the last quarter. World Investment Advisors LLC bought a new stake in T-Mobile US in the third quarter valued at approximately $510,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in T-Mobile US in the third quarter worth $1,375,000. 42.49% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS traded up $1.88 during midday trading on Friday, reaching $248.88. The stock had a trading volume of 2,801,071 shares, compared to its average volume of 4,248,774. The firm has a market cap of $282.59 billion, a PE ratio of 25.74, a P/E/G ratio of 1.55 and a beta of 0.69. The firm has a 50 day simple moving average of $258.13 and a 200-day simple moving average of $241.90. T-Mobile US, Inc. has a one year low of $161.61 and a one year high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the business earned $2.00 earnings per share. The business's revenue was up 6.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders 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 dividend yield of 1.41%. T-Mobile US's dividend payout ratio is currently 34.34%.

Analyst Ratings Changes

A number of research firms recently commented on TMUS. Royal Bank of Canada upped their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research report on Friday, March 21st. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the company from $275.00 to $277.50 in a research report on Wednesday. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a report on Tuesday, March 18th. HSBC lowered shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target on the stock. in a research note on Wednesday, March 5th. Finally, Benchmark reissued a "buy" rating and set a $275.00 price objective on shares of T-Mobile US in a research report on Thursday, March 27th. Ten research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and an average price target of $257.68.

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.