920 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Central Bank & Trust Co.

Central Bank & Trust Co. purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 920 shares of the Wireless communications provider’s stock, valued at approximately $203,000.

A number of other hedge funds have also modified their holdings of TMUS. Harbor Investment Advisory LLC raised its position in shares of T-Mobile US by 5.4% during the 4th quarter. Harbor Investment Advisory LLC now owns 8,740 shares of the Wireless communications provider’s stock valued at $1,929,000 after purchasing an additional 450 shares during the period. Gemmer Asset Management LLC bought a new stake in T-Mobile US during the fourth quarter valued at about $225,000. Mitchell Mcleod Pugh & Williams Inc. raised its holdings in T-Mobile US by 6.1% during the fourth quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 5,855 shares of the Wireless communications provider’s stock valued at $1,292,000 after acquiring an additional 338 shares during the period. Trueblood Wealth Management LLC boosted its stake in shares of T-Mobile US by 16.9% in the fourth quarter. Trueblood Wealth Management LLC now owns 3,429 shares of the Wireless communications provider’s stock worth $757,000 after acquiring an additional 496 shares during the period. Finally, Grove Bank & Trust boosted its stake in shares of T-Mobile US by 20.6% in the fourth quarter. Grove Bank & Trust now owns 914 shares of the Wireless communications provider’s stock worth $202,000 after acquiring an additional 156 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $218.97 on Tuesday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The company has a market capitalization of $254.11 billion, a price-to-earnings ratio of 24.97, a PEG ratio of 1.09 and a beta of 0.56. The firm’s 50-day moving average is $228.93 and its 200 day moving average is $210.69.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the prior year, the firm posted $1.82 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. Research analysts predict that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 40.14%.

Insider Activity at T-Mobile US

In related news, EVP Nestor Cano sold 11,100 shares of T-Mobile US stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the sale, the executive vice president now directly owns 4,400 shares in the company, valued at $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now directly owns 5,021 shares in the company, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 164,200 shares of company stock worth $37,407,303 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on TMUS shares. Barclays boosted their price target on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Bank of America upped their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Morgan Stanley started coverage on shares of T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. Wells Fargo & Company downgraded shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and dropped their price objective for the company from $240.00 to $220.00 in a report on Monday, January 6th. Finally, Benchmark lifted their target price on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $245.74.

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.