T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Davis Investment Partners LLC

Davis Investment Partners LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,663 shares of the Wireless communications provider’s stock after buying an additional 230 shares during the period. Davis Investment Partners LLC’s holdings in T-Mobile US were worth $1,081,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. BluePath Capital Management LLC bought a new stake in shares of T-Mobile US in the third quarter worth $26,000. Acadian Asset Management LLC bought a new stake in shares of T-Mobile US in the second quarter worth $25,000. Baker Avenue Asset Management LP increased its stake in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after buying an additional 81 shares during the last quarter. SkyView Investment Advisors LLC bought a new stake in shares of T-Mobile US in the first quarter worth $31,000. Finally, Cary Street Partners Investment Advisory LLC increased its stake in shares of T-Mobile US by 56.2% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 228 shares of the Wireless communications provider’s stock worth $32,000 after buying an additional 82 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

T-Mobile US stock traded down $0.23 during trading hours on Thursday, reaching $160.93. 3,312,255 shares of the company were exchanged, compared to its average volume of 4,726,681. The firm has a market cap of $191.00 billion, a price-to-earnings ratio of 23.22, a PEG ratio of 0.63 and a beta of 0.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The stock has a 50-day moving average of $162.86 and a 200 day moving average of $152.89. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.18 EPS. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.05 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, June 13th. Shareholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.62%. T-Mobile US’s payout ratio is currently 37.52%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on TMUS shares. Raymond James boosted their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. UBS Group boosted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company a “buy” rating in a report on Wednesday, December 13th. Wells Fargo & Company boosted their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. Royal Bank of Canada reissued an “outperform” rating and set a $184.00 price target on shares of T-Mobile US in a report on Wednesday. Finally, KeyCorp reduced their price objective on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a report on Friday, January 26th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US has an average rating of “Buy” and an average target price of $186.07.

View Our Latest Analysis on T-Mobile US

Insider Activity

In other news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction that occurred on Thursday, January 4th. The stock was sold at an average price of $162.67, for a total value of $31,706,009.70. Following the completion of the sale, the director now directly owns 693,049,391 shares of the company’s stock, valued at $112,738,344,433.97. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, insider Callie R. Field sold 5,844 shares of the company’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $162.67, for a total value of $31,706,009.70. Following the completion of the transaction, the director now owns 693,049,391 shares of the company’s stock, valued at $112,738,344,433.97. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,170,333 shares of company stock valued at $842,695,193. 0.70% of the stock is owned by company insiders.

T-Mobile US Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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