Analyst IMS Investment Management Services Ltd. Purchases 85 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Analyst IMS Investment Management Services Ltd. grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,697 shares of the Wireless communications provider’s stock after purchasing an additional 85 shares during the quarter. Analyst IMS Investment Management Services Ltd.’s holdings in T-Mobile US were worth $1,555,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Corient Private Wealth LLC grew its position in T-Mobile US by 1.7% during the 3rd quarter. Corient Private Wealth LLC now owns 142,120 shares of the Wireless communications provider’s stock worth $19,905,000 after acquiring an additional 2,367 shares during the last quarter. Lincoln National Corp lifted its holdings in T-Mobile US by 22.6% in the 3rd quarter. Lincoln National Corp now owns 4,032 shares of the Wireless communications provider’s stock worth $565,000 after buying an additional 742 shares during the period. Callan Capital LLC lifted its holdings in T-Mobile US by 11.0% in the 3rd quarter. Callan Capital LLC now owns 2,704 shares of the Wireless communications provider’s stock worth $379,000 after buying an additional 268 shares during the period. Childress Capital Advisors LLC purchased a new stake in T-Mobile US in the 3rd quarter worth approximately $237,000. Finally, GYL Financial Synergies LLC lifted its holdings in T-Mobile US by 2.6% in the 3rd quarter. GYL Financial Synergies LLC now owns 7,366 shares of the Wireless communications provider’s stock worth $1,032,000 after buying an additional 187 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 0.6 %

Shares of T-Mobile US stock traded up $1.03 on Friday, reaching $166.00. The company’s stock had a trading volume of 3,722,101 shares, compared to its average volume of 4,302,309. The company has a market capitalization of $194.53 billion, a price-to-earnings ratio of 22.59, a P/E/G ratio of 0.64 and a beta of 0.48. The firm’s fifty day simple moving average is $162.60 and its two-hundred day simple moving average is $160.11. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same quarter in the previous year, the company posted $1.58 earnings per share. T-Mobile US’s revenue was down .2% compared to the same quarter last year. Equities analysts anticipate that T-Mobile US, Inc. will post 9.02 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, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is currently 35.37%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TMUS shares. TD Cowen dropped their price objective on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday, April 26th. Oppenheimer reiterated an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. KeyCorp increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Royal Bank of Canada raised their target price on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Finally, Citigroup raised their target price on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $186.33.

Insider Activity at T-Mobile US

In related news, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction 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 $17,274,364.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now directly owns 102,555 shares in the company, valued at $17,274,364.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction dated Tuesday, February 27th. The shares were sold at an average price of $163.71, for a total value of $3,274,200.00. Following the completion of the transaction, the chief executive officer now owns 476,036 shares in the company, valued at $77,931,853.56. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,829,770 shares of company stock worth $1,112,065,505. Corporate insiders own 0.67% of the company’s stock.

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.