Key Financial Inc Grows Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Key Financial Inc increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 49.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 378 shares of the Wireless communications provider’s stock after acquiring an additional 125 shares during the quarter. Key Financial Inc’s holdings in T-Mobile US were worth $83,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in TMUS. Wellington Management Group LLP raised its holdings in T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. FMR LLC raised its holdings in 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 worth $2,660,758,000 after purchasing an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. raised its holdings in T-Mobile US by 9.9% in 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 purchasing an additional 590,711 shares in the last quarter. Barclays PLC raised its holdings in T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after purchasing an additional 47,350 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ? increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the transaction, the director now owns 4,021 shares of the company’s stock, valued at approximately $989,166. This trade represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,100 shares of company stock worth $747,378. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $263.21 on Wednesday. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $271.41. 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 firm has a market cap of $300.52 billion, a price-to-earnings ratio of 27.22, a PEG ratio of 1.44 and a beta of 0.56. The firm’s fifty day moving average is $229.10 and its two-hundred day moving average is $220.05.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their target price on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. Royal Bank of Canada increased their price objective on shares of T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Scotiabank increased their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Finally, KeyCorp downgraded shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research note on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

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.