Highview Capital Management LLC DE lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 1.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 16,253 shares of the Wireless communications provider’s stock after purchasing an additional 192 shares during the period. T-Mobile US accounts for approximately 1.4% of Highview Capital Management LLC DE’s portfolio, making the stock its 22nd biggest holding. Highview Capital Management LLC DE’s holdings in T-Mobile US were worth $3,588,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of TMUS. Wellington Management Group LLP lifted its holdings in T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after buying an additional 602,786 shares in the last quarter. FMR LLC lifted its holdings in shares of T-Mobile US by 13.4% during the 3rd 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 in the last quarter. Franklin Resources Inc. raised its holdings in shares of T-Mobile US by 9.9% during the third 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. Barclays PLC boosted its position in shares of 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 period. Finally, Principal Financial Group Inc. grew its stake in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after acquiring an additional 47,350 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
T-Mobile US Stock Performance
Shares of TMUS stock opened at $270.82 on Monday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $271.41. The firm has a market capitalization of $309.21 billion, a price-to-earnings ratio of 28.01, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The business has a fifty day moving average of $227.66 and a 200 day moving average of $218.68.
T-Mobile US Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.30%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.
Insider Buying and Selling at T-Mobile US
In other news, Director Andre Almeida purchased 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This represents a ? increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 3,100 shares of company stock worth $747,378 in the last ninety days. 0.67% of the stock is owned by insiders.
Wall Street Analysts Forecast Growth
TMUS has been the topic of several analyst reports. Morgan Stanley started coverage on shares of T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price target on the stock. UBS Group boosted their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Royal Bank of Canada upped their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Tigress Financial lifted their price target on shares of T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $251.79.
Check Out Our Latest Stock Analysis on TMUS
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.
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