T-Mobile US, Inc. (NASDAQ:TMUS) Stock Position Lifted by Howard Capital Management Inc.

Howard Capital Management Inc. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,991 shares of the Wireless communications provider’s stock after purchasing an additional 426 shares during the period. Howard Capital Management Inc.’s holdings in T-Mobile US were worth $3,309,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Private Advisor Group LLC raised its stake in T-Mobile US by 7.0% during the 3rd quarter. Private Advisor Group LLC now owns 24,235 shares of the Wireless communications provider’s stock valued at $5,001,000 after purchasing an additional 1,592 shares during the last quarter. International Assets Investment Management LLC raised its stake in 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 valued at $51,586,000 after purchasing an additional 248,828 shares during the last quarter. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Ballentine Partners LLC raised its stake in T-Mobile US by 7.0% during the 3rd quarter. Ballentine Partners LLC now owns 7,492 shares of the Wireless communications provider’s stock valued at $1,546,000 after purchasing an additional 490 shares during the last quarter. Finally, Trueblood Wealth Management LLC acquired a new position in T-Mobile US during the 3rd quarter valued at $605,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Down 0.1 %

TMUS opened at $265.17 on Friday. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $271.41. The firm’s 50-day simple moving average is $230.98 and its 200-day simple moving average is $221.42. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market cap of $302.76 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.55 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the transaction, the director now directly owns 4,021 shares in the company, valued at approximately $989,166. This represents a 19.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction on Monday, December 9th. The shares were acquired 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 approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 3,100 shares of company stock valued at $747,378 in the last 90 days. 0.67% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently commented on TMUS. Wells Fargo & Company upped 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. Bank of America boosted their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Barclays boosted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Oppenheimer boosted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Finally, Scotiabank boosted their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.