Brentview Investment Management LLC Acquires New Shares in T-Mobile US, Inc. (NASDAQ:TMUS)

Brentview Investment Management LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 24,003 shares of the Wireless communications provider’s stock, valued at approximately $5,298,000. T-Mobile US makes up 3.0% of Brentview Investment Management LLC’s investment portfolio, making the stock its 9th largest position.

Several other hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP increased its position in T-Mobile US by 4.0% during 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 buying an additional 602,786 shares in the last quarter. FMR LLC increased its position in T-Mobile US by 13.4% during the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. increased its position in T-Mobile US by 9.9% during 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 buying an additional 590,711 shares in the last quarter. Barclays PLC increased its position in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares in the last quarter. Finally, Principal Financial Group Inc. increased its position in T-Mobile US by 2.5% during 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 buying an additional 47,350 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Down 0.6 %

Shares of TMUS opened at $232.97 on Monday. The stock’s 50-day moving average is $226.22 and its two-hundred day moving average is $213.53. The stock has a market cap of $270.36 billion, a PE ratio of 24.09, a P/E/G ratio of 1.38 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. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Equities analysts forecast that T-Mobile US, Inc. will post 10.18 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s payout ratio is 36.40%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TMUS shares. Barclays raised their price target on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Oppenheimer raised their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Bank of America raised their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $250.21.

Insider Transactions at T-Mobile US

In other 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 transaction of $2,561,325.00. Following the sale, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 34,200 shares of company stock valued at $8,063,303. 0.67% of the stock is currently owned by insiders.

About T-Mobile US

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.