Freestone Capital Holdings LLC Purchases 101 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Freestone Capital Holdings LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 10,297 shares of the Wireless communications provider’s stock after acquiring an additional 101 shares during the period. Freestone Capital Holdings LLC’s holdings in T-Mobile US were worth $2,273,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of TMUS. Inceptionr LLC bought a new stake in shares of T-Mobile US during the 4th quarter worth approximately $296,000. Raymond James Financial Inc. bought a new stake in shares of T-Mobile US during the 4th quarter worth approximately $452,721,000. First Business Financial Services Inc. raised its stake in shares of T-Mobile US by 3.4% during the 4th quarter. First Business Financial Services Inc. now owns 14,830 shares of the Wireless communications provider’s stock worth $3,273,000 after purchasing an additional 487 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in shares of T-Mobile US by 2.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 82,891 shares of the Wireless communications provider’s stock worth $18,297,000 after purchasing an additional 1,963 shares in the last quarter. Finally, Proficio Capital Partners LLC raised its stake in shares of T-Mobile US by 42.5% during the 4th quarter. Proficio Capital Partners LLC now owns 2,877 shares of the Wireless communications provider’s stock worth $635,000 after purchasing an additional 858 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $262.95 on Friday. The stock has a fifty day moving average price of $238.96 and a 200-day moving average price of $225.74. The company has a market cap of $300.22 billion, a price-to-earnings ratio of 27.19, a PEG ratio of 1.55 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49.

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

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. T-Mobile US’s payout ratio is 36.40%.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TMUS shares. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Sanford C. Bernstein began coverage on T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price on the stock. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Morgan Stanley began coverage on T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Finally, Oppenheimer boosted their target price on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Eight equities research 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. Based on data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $254.10.

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.