T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 10,134.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 33,365 shares of the Wireless communications provider’s stock after acquiring an additional 33,039 shares during the period. International Assets Investment Management LLC’s holdings in T-Mobile US were worth $5,349,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Verdence Capital Advisors LLC raised its stake in shares of T-Mobile US by 11.7% in the 3rd quarter. Verdence Capital Advisors LLC now owns 2,384 shares of the Wireless communications provider’s stock worth $334,000 after buying an additional 249 shares in the last quarter. BluePath Capital Management LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at about $26,000. Mackenzie Financial Corp boosted its position in shares of T-Mobile US by 9.3% during the 3rd quarter. Mackenzie Financial Corp now owns 206,956 shares of the Wireless communications provider’s stock valued at $28,235,000 after purchasing an additional 17,596 shares in the last quarter. NBT Bank N A NY acquired a new position in shares of T-Mobile US in the 3rd quarter worth approximately $210,000. Finally, Chicago Partners Investment Group LLC raised its holdings in shares of T-Mobile US by 3.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 13,118 shares of the Wireless communications provider’s stock worth $1,807,000 after purchasing an additional 395 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several research reports. TD Cowen dropped their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Tigress Financial increased their price target on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, February 8th. Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. Wells Fargo & Company raised their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. Finally, Morgan Stanley boosted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $186.33.

Insider Buying and Selling

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total transaction of $489,660.00. Following the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the 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 document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction on Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the transaction, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,537,157 shares of company stock worth $1,062,270,599. Corporate insiders own 0.70% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $162.19 on Wednesday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The business has a fifty day simple moving average of $162.61 and a 200 day simple moving average of $158.34. The firm has a market cap of $190.06 billion, a price-to-earnings ratio of 22.07, a P/E/G ratio of 0.64 and a beta of 0.48.

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, topping the consensus estimate 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 business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period last year, the company earned $1.58 earnings per share. T-Mobile US’s quarterly revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal 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 issued a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.60%. T-Mobile US’s dividend payout ratio is 35.37%.

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.