131 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Financial Life Planners

Financial Life Planners acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 131 shares of the Wireless communications provider’s stock, valued at approximately $29,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC increased its holdings in shares of T-Mobile US by 13.4% in the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC increased its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares during the period. Wellington Management Group LLP increased its stake in T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares during the period. Franklin Resources Inc. lifted its stake in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in shares of T-Mobile US by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after acquiring an additional 397,345 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Nestor Cano sold 11,100 shares of T-Mobile US 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 owns 4,400 shares in the company, valued at approximately $1,015,300. This trade represents a 71.61 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 34,200 shares of company stock worth $8,063,303. 0.67% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Wells Fargo & Company increased their price target on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. Oppenheimer increased their target price on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Sanford C. Bernstein initiated coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective for the company. Finally, Royal Bank of Canada raised their target price on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $251.26.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $238.10 on Tuesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The business’s fifty day moving average price is $226.22 and its two-hundred day moving average price is $213.75. The stock has a market cap of $276.31 billion, a PE ratio of 24.62, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, analysts forecast that T-Mobile US, Inc. will post 10.18 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is 36.40%.

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.