TCG Advisory Services LLC Invests $6.81 Million in T-Mobile US, Inc. (NASDAQ:TMUS)

TCG Advisory Services LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, HoldingsChannel reports. The fund bought 42,482 shares of the Wireless communications provider’s stock, valued at approximately $6,811,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Financial Counselors Inc. acquired a new position in T-Mobile US in the 3rd quarter valued at about $218,000. Pacer Advisors Inc. lifted its holdings in shares of T-Mobile US by 31.4% during the fourth quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after purchasing an additional 25,700 shares during the period. Caprock Group LLC grew its position in T-Mobile US by 105.8% in the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock valued at $3,698,000 after buying an additional 11,854 shares during the last quarter. Cerity Partners LLC raised its holdings in T-Mobile US by 136.8% during the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after purchasing an additional 36,374 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. boosted its stake in shares of T-Mobile US by 11.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 237,481 shares of the Wireless communications provider’s stock valued at $38,075,000 after buying an additional 24,412 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Down 0.2 %

Shares of TMUS traded down $0.31 during trading hours on Friday, hitting $164.60. The stock had a trading volume of 4,274,939 shares, compared to its average volume of 4,389,829. T-Mobile US, Inc. has a 12-month low of $124.92 and a 12-month high of $168.64. The firm has a market cap of $192.89 billion, a P/E ratio of 22.39, a P/E/G ratio of 0.64 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company’s fifty day simple moving average is $162.69 and its 200 day simple moving average is $157.76.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company had revenue of $19.59 billion for the quarter, compared to the consensus estimate of $19.81 billion. During the same period last year, the business posted $1.58 EPS. The company’s quarterly revenue was down .2% compared to the same quarter last year. Equities research analysts forecast that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is currently 35.37%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Citigroup increased their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. Raymond James upped their price target on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. Tigress Financial lifted their price objective on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Morgan Stanley increased their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $186.33.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $161.38, for a total value of $31,454,575.80. Following the transaction, the director now directly owns 688,176,641 shares of the company’s stock, valued at $111,057,946,324.58. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total transaction of $984,363.36. Following the transaction, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $161.38, for a total transaction of $31,454,575.80. Following the sale, the director now directly owns 688,176,641 shares of the company’s stock, valued at $111,057,946,324.58. The disclosure for this sale can be found here. Insiders sold 6,359,509 shares of company stock valued at $1,033,407,661 over the last 90 days. Corporate insiders own 0.70% of the company’s stock.

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.