Great Valley Advisor Group Inc. Buys 2,446 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Great Valley Advisor Group Inc. raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 70.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,903 shares of the Wireless communications provider’s stock after purchasing an additional 2,446 shares during the period. Great Valley Advisor Group Inc.’s holdings in T-Mobile US were worth $946,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Valley National Advisers Inc. boosted its holdings in 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 valued at $28,000 after purchasing an additional 123 shares during the period. BluePath Capital Management LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth about $26,000. Baker Avenue Asset Management LP lifted its holdings in shares of T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares during the period. Bay Harbor Wealth Management LLC bought a new position in shares of T-Mobile US during the 4th quarter worth about $34,000. Finally, Raleigh Capital Management Inc. lifted its holdings in shares of 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 acquiring an additional 90 shares during the period. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Down 0.2 %

Shares of NASDAQ TMUS opened at $164.60 on Friday. The firm has a market capitalization of $192.89 billion, a PE ratio of 22.39, a price-to-earnings-growth ratio of 0.64 and a beta of 0.48. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The firm’s 50-day moving average is $162.68 and its 200-day moving average is $157.61.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the firm earned $1.58 EPS. Equities analysts expect that T-Mobile US, Inc. will post 9.01 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. This represents a $2.60 annualized dividend 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 (DPR) is presently 35.37%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock in a transaction that occurred on Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the transaction, the director now owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the transaction, the insider now directly 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 quarter, insiders have sold 6,359,509 shares of company stock valued at $1,033,407,661. 0.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TMUS. Wells Fargo & Company raised their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. TD Cowen reduced their price objective on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday, April 26th. Citigroup raised their price objective on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Benchmark reiterated a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Finally, Royal Bank of Canada increased their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $186.33.

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.