Caprock Group LLC Has $7.95 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Caprock Group LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 9.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,008 shares of the Wireless communications provider’s stock after buying an additional 3,255 shares during the period. Caprock Group LLC’s holdings in T-Mobile US were worth $7,948,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Quantum Financial Planning Services Inc. bought a new position in T-Mobile US in the 4th quarter valued at approximately $1,364,000. Sonora Investment Management Group LLC bought a new stake in T-Mobile US in the fourth quarter worth approximately $217,000. Cibc World Market Inc. lifted its stake in T-Mobile US by 290.4% in the fourth quarter. Cibc World Market Inc. now owns 191,475 shares of the Wireless communications provider’s stock valued at $42,264,000 after buying an additional 142,426 shares during the period. Mediolanum International Funds Ltd boosted its holdings in shares of T-Mobile US by 55.3% during the 4th quarter. Mediolanum International Funds Ltd now owns 135,674 shares of the Wireless communications provider’s stock worth $29,864,000 after buying an additional 48,319 shares in the last quarter. Finally, BDF Gestion increased its stake in shares of T-Mobile US by 55.9% in the 4th quarter. BDF Gestion now owns 17,152 shares of the Wireless communications provider’s stock valued at $3,786,000 after acquiring an additional 6,152 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Down 0.2 %

Shares of T-Mobile US stock opened at $233.95 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The company has a fifty day simple moving average of $226.32 and a 200-day simple moving average of $212.97. The stock has a market cap of $271.50 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 1.17 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.00% and a net margin of 13.93%. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.15 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed 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 dividend yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research reports. Morgan Stanley began coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday. The Goldman Sachs Group lifted their price target 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. Citigroup upped their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Finally, Tigress Financial upped their target price on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $248.89.

Insiders Place Their Bets

In related news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now directly owns 1,441,204 shares of the company’s stock, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 144,200 shares of company stock worth $32,736,303. 0.67% of the stock is owned by company insiders.

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.