Fiduciary Family Office LLC Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Key Points

• Fiduciary Family Office LLC acquired a new stake in T-Mobile US, Inc., purchasing 6,443 shares valued at approximately $1.7 million in the first quarter.
• T-Mobile reported $2.84 earnings per share for the last quarter, exceeding analyst estimates of $2.69 by $0.15.
• The company declared a quarterly dividend of $0.88 per share, which will be paid on September 11th, reflecting an annualized yield of 1.4%.

Fiduciary Family Office LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,443 shares of the Wireless communications provider's stock, valued at approximately $1,719,000.

A number of other institutional investors have also modified their holdings of TMUS. Godsey & Gibb Inc. increased its position in T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after purchasing an additional 60 shares during the last quarter. TCTC Holdings LLC increased its position in shares of T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after acquiring an additional 77 shares in the last quarter. Adirondack Trust Co. increased its position in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares in the last quarter. City Holding Co. increased its position in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 43 shares in the last quarter. Finally, Pinney & Scofield Inc. acquired a new stake in shares of T-Mobile US in the fourth quarter worth $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on TMUS shares. KeyCorp reissued an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a research report on Wednesday, July 9th. Tigress Financial increased their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research report on Tuesday, April 29th. Morgan Stanley increased their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Scotiabank raised shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their price objective for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. Finally, Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $256.31.

T-Mobile US Stock Up 1.6%

NASDAQ TMUS traded up $3.89 during trading hours on Monday, reaching $248.87. 3,976,136 shares of the company traded hands, compared to its average volume of 4,378,235. The company has a 50 day moving average of $234.95 and a two-hundred day moving average of $246.75. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $192.61 and a 12 month high of $276.49. The stock has a market capitalization of $280.08 billion, a PE ratio of 23.48, a PEG ratio of 1.35 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the firm posted $2.49 EPS. The company's revenue for the quarter was up 6.9% on a year-over-year basis. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is 33.21%.

Insider Buying and Selling

In related news, insider Callie R. Field sold 12,300 shares of the stock in a transaction dated Tuesday, July 29th. The shares were sold at an average price of $240.80, for a total value of $2,961,840.00. Following the sale, the insider owned 110,891 shares of the company's stock, valued at $26,702,552.80. This trade represents a 9.98% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $239.71, for a total transaction of $16,741,346.40. Following the transaction, the director directly owned 646,124,364 shares in the company, valued at approximately $154,882,471,294.44. The trade was a 0.01% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,764,850 shares of company stock valued at $410,591,012 in the last quarter. Company insiders own 0.37% of the company's stock.

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.