T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by LPL Financial LLC

LPL Financial LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 27.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 428,424 shares of the Wireless communications provider’s stock after buying an additional 91,387 shares during the quarter. LPL Financial LLC’s holdings in T-Mobile US were worth $94,566,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the stock. Samalin Investment Counsel LLC lifted its holdings in T-Mobile US by 2.5% in the fourth quarter. Samalin Investment Counsel LLC now owns 2,378 shares of the Wireless communications provider’s stock valued at $525,000 after acquiring an additional 59 shares during the period. Blueprint Investment Partners LLC increased its holdings in shares of T-Mobile US by 13.0% during the 4th quarter. Blueprint Investment Partners LLC now owns 1,910 shares of the Wireless communications provider’s stock valued at $422,000 after purchasing an additional 219 shares in the last quarter. Fortis Capital Management LLC increased its holdings in shares of T-Mobile US by 30.8% during the 4th quarter. Fortis Capital Management LLC now owns 18,905 shares of the Wireless communications provider’s stock valued at $4,173,000 after purchasing an additional 4,452 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of T-Mobile US in the 4th quarter valued at $63,763,000. Finally, AXQ Capital LP purchased a new stake in T-Mobile US during the fourth quarter worth $1,350,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $258.75 on Wednesday. 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 stock’s fifty day moving average is $249.99 and its two-hundred day moving average is $231.69. The firm has a market capitalization of $295.43 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a fifty-two week low of $159.14 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.36%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Citigroup cut shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Scotiabank upped their price target on T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a report on Monday, March 3rd. Morgan Stanley began coverage on T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective on the stock. Finally, Sanford C. Bernstein initiated coverage on T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price for the company. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $255.80.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.67% 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.