Bradley Foster & Sargent Inc. CT Buys 1,217 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Bradley Foster & Sargent Inc. CT increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,289 shares of the Wireless communications provider’s stock after buying an additional 1,217 shares during the period. Bradley Foster & Sargent Inc. CT’s holdings in T-Mobile US were worth $15,956,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. DT Investment Partners LLC increased its holdings in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Dunhill Financial LLC boosted its position in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the period. Financial Life Planners bought a new position in shares of T-Mobile US in the fourth quarter valued at about $29,000. MFA Wealth Advisors LLC lifted its stake in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares during the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in T-Mobile US during the 3rd quarter worth approximately $34,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Wells Fargo & Company increased their price objective on T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. The Goldman Sachs Group raised their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. TD Cowen increased their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Daiwa America raised T-Mobile US to a “hold” rating in a report on Friday, October 25th. Finally, KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a research note on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Price Performance

TMUS stock opened at $265.40 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company’s 50-day moving average is $230.32 and its 200-day moving average is $220.66. The stock has a market capitalization of $303.02 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $271.41.

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

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 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.