Blue Trust Inc. Grows Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Blue Trust Inc. grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 19.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,370 shares of the Wireless communications provider’s stock after acquiring an additional 1,364 shares during the quarter. Blue Trust Inc.’s holdings in T-Mobile US were worth $1,727,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. DT Investment Partners LLC increased its position in shares of T-Mobile US by 65.3% in the third 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 in the last quarter. Dunhill Financial LLC boosted its position in T-Mobile US by 76.7% during the 3rd 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. MFA Wealth Advisors LLC increased its holdings in T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 77 shares in the last quarter. Legacy Investment Solutions LLC purchased a new position in T-Mobile US in the third quarter valued at about $34,000. Finally, Planning Capital Management Corp lifted its stake in shares of T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 101 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Benchmark boosted their target price on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Raymond James lowered shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Barclays boosted their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Finally, TD Cowen raised their target price on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Seven equities research analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $221.43 on Tuesday. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The firm has a market capitalization of $256.97 billion, a price-to-earnings ratio of 25.25, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. The business has a 50 day simple moving average of $226.93 and a 200 day simple moving average of $212.07.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Insider Activity

In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were purchased at an average price 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 $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have sold 144,200 shares of company stock valued at $32,736,303. Company insiders own 0.67% of the company’s stock.

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.