T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Catalyst Financial Partners LLC

Catalyst Financial Partners LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.4% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,099 shares of the Wireless communications provider’s stock after buying an additional 73 shares during the quarter. Catalyst Financial Partners LLC’s holdings in T-Mobile US were worth $684,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on TMUS shares. Benchmark reissued a “buy” rating and set a $255.00 target price on shares of T-Mobile US in a research note on Tuesday, January 28th. Morgan Stanley assumed coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. Wells Fargo & Company raised their target price on 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. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Finally, TD Cowen raised their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Stock Up 3.8 %

NASDAQ TMUS opened at $265.08 on Friday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $266.00. The company has a market capitalization of $302.65 billion, a P/E ratio of 27.41, a PEG ratio of 1.44 and a beta of 0.56. The company’s 50 day simple moving average is $226.70 and its 200 day simple moving average is $217.39. 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 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 return on equity of 18.09% and a net margin of 13.93%. Equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

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 issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend 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 Activity at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following 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 purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock worth $747,378 in the last quarter. 0.67% of the stock is owned by company 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.