Union Bancaire Privee UBP SA Invests $813,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Union Bancaire Privee UBP SA bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, Holdings Channel.com reports. The firm bought 3,697 shares of the Wireless communications provider’s stock, valued at approximately $813,000.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Blue Trust Inc. boosted its holdings in T-Mobile US by 19.5% in the fourth quarter. Blue Trust Inc. now owns 8,370 shares of the Wireless communications provider’s stock valued at $1,727,000 after purchasing an additional 1,364 shares during the last quarter. Narwhal Capital Management boosted its holdings in T-Mobile US by 96.1% in the fourth quarter. Narwhal Capital Management now owns 3,656 shares of the Wireless communications provider’s stock valued at $807,000 after purchasing an additional 1,792 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in T-Mobile US by 1.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock valued at $735,000 after buying an additional 50 shares in the last quarter. Park Edge Advisors LLC acquired a new stake in T-Mobile US during the fourth quarter valued at approximately $699,000. Finally, Flagship Harbor Advisors LLC raised its stake in T-Mobile US by 8.6% during the fourth quarter. Flagship Harbor Advisors LLC now owns 3,943 shares of the Wireless communications provider’s stock valued at $870,000 after buying an additional 311 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In related news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction 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 transaction, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares in the company, valued at $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 144,200 shares of company stock worth $32,736,303 in the last three months. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Down 0.1 %

Shares of TMUS stock opened at $221.16 on Wednesday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The stock has a market cap of $256.66 billion, a PE ratio of 25.22, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. The business’s fifty day moving average is $226.61 and its 200-day moving average is $212.37. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on TMUS. Bank of America upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Sanford C. Bernstein assumed coverage on T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective on the stock. UBS Group increased their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Royal Bank of Canada downgraded T-Mobile US from an “outperform” rating to a “sector perform” rating and cut their price target for the stock from $255.00 to $240.00 in a report on Monday, January 6th. Finally, Tigress Financial raised their price target on T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a report on Monday, December 2nd. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $245.74.

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.