950 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Daymark Wealth Partners LLC

Daymark Wealth Partners LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 950 shares of the Wireless communications provider’s stock, valued at approximately $210,000.

A number of other institutional investors also recently modified their holdings of TMUS. Barclays PLC raised its holdings in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of T-Mobile US by 21,580.9% during the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after acquiring an additional 248,828 shares in the last quarter. Trust Co. of Vermont raised its holdings in shares of T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after acquiring an additional 2,865 shares during the last quarter. Swedbank AB lifted its position in T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after acquiring an additional 12,411 shares in the last quarter. Finally, Passumpsic Savings Bank acquired a new position in T-Mobile US during the 3rd quarter valued at about $2,634,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other news, EVP Nestor Cano sold 11,100 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at $1,015,300. The trade was a 71.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 144,200 shares of company stock valued at $32,736,303 in the last quarter. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several analysts have recently commented on the company. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Oppenheimer lifted their price objective on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target on the stock. Finally, Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. 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 MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $218.57 on Friday. The company’s 50 day moving average is $227.27 and its 200-day moving average is $211.34. The firm has a market cap of $253.65 billion, a P/E ratio of 24.92, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.82 earnings per share. Sell-side analysts predict that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s dividend payout ratio is currently 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.