Lincoln National Corp Buys 798 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Lincoln National Corp lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 19.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 4,830 shares of the Wireless communications provider’s stock after acquiring an additional 798 shares during the period. Lincoln National Corp’s holdings in T-Mobile US were worth $774,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in TMUS. NBT Bank N A NY bought a new position in shares of T-Mobile US in the 3rd quarter valued at approximately $210,000. Graypoint LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $254,000. Whittier Trust Co. grew its holdings in T-Mobile US by 4.2% in the 3rd quarter. Whittier Trust Co. now owns 6,289 shares of the Wireless communications provider’s stock valued at $881,000 after buying an additional 252 shares during the last quarter. TIAA Trust National Association acquired a new stake in T-Mobile US in the 3rd quarter valued at approximately $1,065,000. Finally, Cable Hill Partners LLC grew its holdings in T-Mobile US by 13.4% in the 3rd quarter. Cable Hill Partners LLC now owns 1,883 shares of the Wireless communications provider’s stock valued at $264,000 after buying an additional 223 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Transactions at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $163.21, for a total transaction of $30,956,040.70. Following the completion of the sale, the director now directly owns 676,589,681 shares of the company’s stock, valued at $110,426,201,836.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO G Michael Sievert sold 40,000 shares of T-Mobile US stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total transaction of $6,442,000.00. Following the completion of the sale, the chief executive officer now directly owns 496,036 shares of the company’s stock, valued at $79,886,597.80. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Wednesday, May 8th. The stock was sold at an average price of $163.21, for a total value of $30,956,040.70. Following the sale, the director now directly owns 676,589,681 shares of the company’s stock, valued at $110,426,201,836.01. The disclosure for this sale can be found here. Insiders sold a total of 6,531,917 shares of company stock worth $1,061,772,064 over the last 90 days. 0.70% of the stock is owned by insiders.

T-Mobile US Trading Up 1.1 %

Shares of TMUS opened at $164.68 on Friday. The stock has a fifty day moving average price of $162.59 and a two-hundred day moving average price of $158.37. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The company has a market cap of $192.98 billion, a price-to-earnings ratio of 22.41, a PEG ratio of 0.64 and a beta of 0.48.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.58 EPS. Analysts predict that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. T-Mobile US’s payout ratio is currently 35.37%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on TMUS shares. Royal Bank of Canada raised their target price on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Raymond James raised their target price on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Citigroup raised their target price on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Finally, Benchmark reissued a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a report on Friday, January 26th. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $186.33.

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.