Paradigm Financial Partners LLC Purchases 416 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Paradigm Financial Partners LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,656 shares of the Wireless communications provider’s stock after buying an additional 416 shares during the quarter. T-Mobile US makes up approximately 1.2% of Paradigm Financial Partners LLC’s portfolio, making the stock its 20th biggest position. Paradigm Financial Partners LLC’s holdings in T-Mobile US were worth $5,075,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. BluePath Capital Management LLC bought a new position in shares of T-Mobile US during the 3rd quarter valued at $26,000. Valley National Advisers Inc. increased its holdings in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares during the period. Baker Avenue Asset Management LP lifted its stake in shares of T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in T-Mobile US during the 4th quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. increased its stake in T-Mobile US by 54.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TMUS. Morgan Stanley raised their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. 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. Tigress Financial upped their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Benchmark reiterated a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a report on Friday, January 26th. Finally, Wells Fargo & Company boosted their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $186.33.

T-Mobile US Stock Down 0.1 %

Shares of TMUS stock traded down $0.09 during trading hours on Friday, hitting $163.96. 7,969,001 shares of the company’s stock traded hands, compared to its average volume of 3,837,128. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The stock has a market cap of $194.60 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49. The stock’s fifty day simple moving average is $162.51 and its two-hundred day simple moving average is $157.08. T-Mobile US, Inc. has a 12-month low of $124.92 and a 12-month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter in the previous year, the business earned $1.58 earnings per share. The firm’s quarterly revenue was down .2% compared to the same quarter last year. On average, analysts expect that T-Mobile US, Inc. will post 8.97 EPS for the current year.

T-Mobile US Announces Dividend

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 given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 170,903 shares of the company’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Teresa Taylor sold 12,022 shares of the company’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Telekom Ag Deutsche sold 170,903 shares of the company’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the sale, the director now directly owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,180,319 shares of company stock valued at $1,002,629,987. Insiders own 0.70% of the company’s stock.

T-Mobile US Company 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.