T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Schear Investment Advisers LLC

Schear Investment Advisers LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 34.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 5,209 shares of the Wireless communications provider’s stock after acquiring an additional 1,330 shares during the period. Schear Investment Advisers LLC’s holdings in T-Mobile US were worth $1,150,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. FMR LLC boosted its holdings in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares in the last quarter. Barclays PLC lifted its holdings in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after buying an additional 876,182 shares during the period. Wellington Management Group LLP boosted its stake in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after buying an additional 602,786 shares in the last quarter. Franklin Resources Inc. grew its holdings 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 acquiring an additional 590,711 shares during the period. Finally, Nordea Investment Management AB raised its position in T-Mobile US by 36.9% in the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after acquiring an additional 397,345 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Raymond James lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Wells Fargo & Company lifted their price target on shares of T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. Barclays boosted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Trading Up 1.1 %

Shares of T-Mobile US stock opened at $258.70 on Wednesday. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $259.46. The business’s fifty day moving average is $226.18 and its two-hundred day moving average is $216.54. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm has a market cap of $295.37 billion, a PE ratio of 26.75, a P/E/G ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date of this dividend 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 is presently 36.40%.

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.