Linden Thomas Advisory Services LLC Has $1.13 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Linden Thomas Advisory Services LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 15.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 7,075 shares of the Wireless communications provider’s stock after acquiring an additional 956 shares during the period. Linden Thomas Advisory Services LLC’s holdings in T-Mobile US were worth $1,134,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BluePath Capital Management LLC bought a new stake in T-Mobile US during the 3rd quarter valued at $26,000. Valley National Advisers Inc. raised its holdings in shares of T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 123 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC acquired a new position in T-Mobile US during the 4th quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. increased its holdings in T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $164.18 on Thursday. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The stock has a market capitalization of $194.86 billion, a P/E ratio of 23.69, a PEG ratio of 0.66 and a beta of 0.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The firm’s 50 day moving average is $162.39 and its 200 day moving average is $156.76.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company had revenue of $20.48 billion for the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The firm’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.18 EPS. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $162.58, for a total transaction of $30,836,548.60. Following the completion of the sale, the director now owns 678,865,721 shares of the company’s stock, valued at $110,369,988,920.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $162.58, for a total value of $30,836,548.60. Following the transaction, the director now directly owns 678,865,721 shares in the company, valued at $110,369,988,920.18. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total transaction of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The disclosure for this sale can be found here. Insiders sold 5,995,889 shares of company stock worth $972,451,611 in the last three months. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on TMUS shares. Royal Bank of Canada reaffirmed an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a research report on Wednesday, March 20th. Tigress Financial boosted their price target on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Oppenheimer reiterated an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Citigroup boosted their target price on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, KeyCorp dropped their price target on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $185.93.

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.