Ferguson Wellman Capital Management Inc. Has $54.20 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Ferguson Wellman Capital Management Inc. boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 245,543 shares of the Wireless communications provider’s stock after buying an additional 3,105 shares during the period. T-Mobile US makes up approximately 1.0% of Ferguson Wellman Capital Management Inc.’s investment portfolio, making the stock its 27th largest position. Ferguson Wellman Capital Management Inc.’s holdings in T-Mobile US were worth $54,199,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of TMUS. Brookstone Capital Management bought a new stake in shares of T-Mobile US during the 3rd quarter worth $230,000. LVW Advisors LLC acquired a new position in T-Mobile US during the third quarter worth about $228,000. Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of T-Mobile US by 365.1% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 4,149 shares of the Wireless communications provider’s stock worth $856,000 after acquiring an additional 3,257 shares during the last quarter. Ritholtz Wealth Management grew its holdings in shares of T-Mobile US by 8.4% during the 3rd quarter. Ritholtz Wealth Management now owns 10,876 shares of the Wireless communications provider’s stock valued at $2,244,000 after purchasing an additional 843 shares during the last quarter. Finally, Compton Wealth Advisory Group LLC increased its position in T-Mobile US by 3.2% during the 3rd quarter. Compton Wealth Advisory Group LLC now owns 15,494 shares of the Wireless communications provider’s stock worth $3,197,000 after purchasing an additional 485 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the business’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 value of $254,188.00. Following the sale, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,100 shares of company stock worth $747,378 in the last three months. Company insiders own 0.67% of the company’s stock.

T-Mobile US Trading Down 0.4 %

Shares of TMUS stock opened at $246.24 on Monday. The company has a market cap of $281.14 billion, a P/E ratio of 25.46, a PEG ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $250.50. The stock has a 50 day simple moving average of $225.96 and a two-hundred day simple moving average of $215.70. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

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

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of research analyst reports. Barclays raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Bank of America upped their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. 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 target on the stock. Finally, TD Cowen upped their price objective 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 analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $251.79.

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.