Commerce Bank Acquires 8,547 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Commerce Bank increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 695,177 shares of the Wireless communications provider's stock after purchasing an additional 8,547 shares during the quarter. T-Mobile US makes up approximately 0.8% of Commerce Bank's portfolio, making the stock its 25th biggest position. Commerce Bank owned approximately 0.06% of T-Mobile US worth $111,458,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. OLD National Bancorp IN lifted its stake in shares of T-Mobile US by 1.9% in the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider's stock valued at $538,000 after purchasing an additional 62 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in T-Mobile US by 3.9% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider's stock worth $280,000 after acquiring an additional 66 shares in the last quarter. Transatlantique Private Wealth LLC increased its stake in T-Mobile US by 0.4% during the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider's stock worth $2,296,000 after buying an additional 68 shares during the period. Hohimer Wealth Management LLC boosted its holdings in T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider's stock valued at $1,054,000 after purchasing an additional 68 shares during the last quarter. Finally, Tranquility Partners LLC grew its holdings in T-Mobile US by 1.9% during the 4th quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider's stock worth $613,000 after acquiring an additional 71 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

TMUS has been the subject of several recent analyst reports. Tigress Financial increased their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a "buy" rating in a research note on Thursday, February 8th. Oppenheimer restated an "outperform" rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Citigroup raised their price target on T-Mobile US from $176.00 to $184.00 and gave the company a "buy" rating in a research report on Monday, March 25th. Raymond James raised their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a "strong-buy" rating in a research report on Friday, January 26th. Finally, Benchmark reissued a "buy" rating and issued a $200.00 price target on shares of T-Mobile US in a report on Friday, January 26th. Fourteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $186.33.

Insider Transactions at T-Mobile US

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the firm's stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the sale, the insider now owns 102,555 shares of the company's stock, valued at approximately $17,274,364.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $163.85, for a total transaction of $31,936,003.50. Following the sale, the director now owns 686,227,541 shares in the company, valued at $112,438,382,592.85. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Callie R. Field sold 5,844 shares of the company's stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $168.44, for a total transaction of $984,363.36. Following the transaction, the insider now owns 102,555 shares in the company, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. In the last three months, insiders sold 6,835,010 shares of company stock worth $1,112,834,913. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Down 0.3 %

Shares of NASDAQ TMUS traded down $0.53 during mid-day trading on Thursday, reaching $164.97. 3,628,640 shares of the company's stock traded hands, compared to its average volume of 4,478,061. The stock has a market cap of $193.32 billion, a P/E ratio of 22.41, a PEG ratio of 0.64 and a beta of 0.48. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The business has a 50-day simple moving average of $162.48 and a 200 day simple moving average of $159.85. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts' consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company had revenue of $19.59 billion for the quarter, compared to analysts' expectations of $19.81 billion. During the same quarter in the previous year, the firm posted $1.58 EPS. T-Mobile US's revenue was down .2% on a year-over-year basis. On average, analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US's dividend payout ratio is currently 35.37%.

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.