Vest Financial LLC Buys 401 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Vest Financial LLC lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,049 shares of the Wireless communications provider’s stock after purchasing an additional 401 shares during the quarter. Vest Financial LLC’s holdings in T-Mobile US were worth $894,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in TMUS. Barclays PLC boosted its stake in T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares during the period. International Assets Investment Management LLC boosted its stake in shares of T-Mobile US by 21,580.9% during the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after purchasing an additional 248,828 shares during the period. Trust Co. of Vermont grew its holdings in T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after purchasing an additional 2,865 shares during the last quarter. Swedbank AB raised its position in T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after purchasing an additional 12,411 shares during the period. Finally, Rice Partnership LLC bought a new stake in T-Mobile US in the fourth quarter worth about $7,678,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Andre Almeida purchased 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The shares were bought 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 of the company’s stock, valued at $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is owned by insiders.

T-Mobile US Trading Down 0.4 %

Shares of T-Mobile US stock opened at $246.24 on Monday. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $250.50. The firm’s 50 day simple moving average is $225.96 and its two-hundred day simple moving average is $215.70. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market capitalization of $281.14 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping 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%. Analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.43%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. TD Cowen increased their price target on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Oppenheimer increased their target price on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Wells Fargo & Company boosted their target price on shares of T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, Benchmark reissued a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research report on Tuesday, January 28th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

T-Mobile US 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.