J.Safra Asset Management Corp Acquires 789 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

J.Safra Asset Management Corp grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 67.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,960 shares of the Wireless communications provider’s stock after purchasing an additional 789 shares during the quarter. J.Safra Asset Management Corp’s holdings in T-Mobile US were worth $432,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the company. JSF Financial LLC raised its stake in shares of T-Mobile US by 0.9% in the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after buying an additional 44 shares during the period. KPP Advisory Services LLC increased its holdings in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after acquiring an additional 45 shares during the period. D Orazio & Associates Inc. increased its holdings in shares of T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after purchasing an additional 47 shares during the period. Warren Street Wealth Advisors LLC increased its stake in T-Mobile US by 4.3% in the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after acquiring an additional 47 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC increased its position in shares of T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after purchasing an additional 48 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 3.0 %

Shares of T-Mobile US stock opened at $264.65 on Wednesday. The company has a market cap of $302.16 billion, a price-to-earnings ratio of 27.37, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company’s 50 day moving average is $237.38 and its 200 day moving average is $225.22. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. 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 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

TMUS has been the topic of several recent research reports. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Benchmark reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Barclays lifted their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Bank of America boosted their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $253.26.

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.