Hilltop National Bank Buys 293 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Hilltop National Bank boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,954 shares of the Wireless communications provider’s stock after purchasing an additional 293 shares during the period. Hilltop National Bank’s holdings in T-Mobile US were worth $1,976,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Ashton Thomas Private Wealth LLC purchased a new stake in shares of T-Mobile US during the second quarter worth $95,000. PFG Investments LLC purchased a new position in T-Mobile US during the 2nd quarter valued at about $220,000. MGO One Seven LLC increased its position in shares of T-Mobile US by 120.0% during the second quarter. MGO One Seven LLC now owns 6,131 shares of the Wireless communications provider’s stock valued at $1,080,000 after buying an additional 3,344 shares during the period. LPL Financial LLC lifted its holdings in shares of T-Mobile US by 20.0% in the second quarter. LPL Financial LLC now owns 307,913 shares of the Wireless communications provider’s stock worth $54,248,000 after buying an additional 51,307 shares in the last quarter. Finally, Hazlett Burt & Watson Inc. boosted its position in shares of T-Mobile US by 38.6% in the second quarter. Hazlett Burt & Watson Inc. now owns 933 shares of the Wireless communications provider’s stock valued at $165,000 after acquiring an additional 260 shares during the period. 42.49% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TMUS shares. Evercore ISI lifted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Morgan Stanley assumed coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Citigroup raised their price target on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Bank of America upped their target price on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $245.74.

Insider Transactions at T-Mobile US

In related news, Director Andre Almeida acquired 3,808 shares of the stock in a transaction on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the sale, the executive vice president now directly owns 61,871 shares in the company, valued at $13,380,222.46. This trade represents a 40.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 206,969 shares of company stock valued at $46,656,527. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

NASDAQ:TMUS traded down $5.44 during trading hours on Friday, reaching $210.08. The stock had a trading volume of 1,110,908 shares, compared to its average volume of 3,426,141. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock has a market capitalization of $243.80 billion, a PE ratio of 23.95, a PEG ratio of 1.18 and a beta of 0.56. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The company has a 50 day moving average price of $230.65 and a two-hundred day moving average price of $208.71.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.82 earnings per share. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.68%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

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.