Davidson Investment Advisors Grows Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Davidson Investment Advisors raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 122,926 shares of the Wireless communications provider’s stock after acquiring an additional 1,531 shares during the period. T-Mobile US makes up about 1.3% of Davidson Investment Advisors’ investment portfolio, making the stock its 22nd largest position. Davidson Investment Advisors’ holdings in T-Mobile US were worth $27,133,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Stratos Wealth Advisors LLC lifted its stake in T-Mobile US by 9.1% in the third quarter. Stratos Wealth Advisors LLC now owns 1,835 shares of the Wireless communications provider’s stock worth $379,000 after acquiring an additional 153 shares during the period. Resonant Capital Advisors LLC increased its holdings in T-Mobile US by 6.4% in the 3rd quarter. Resonant Capital Advisors LLC now owns 1,436 shares of the Wireless communications provider’s stock worth $296,000 after buying an additional 87 shares during the period. New Century Financial Group LLC increased its holdings in T-Mobile US by 31.1% in the 3rd quarter. New Century Financial Group LLC now owns 1,740 shares of the Wireless communications provider’s stock worth $359,000 after buying an additional 413 shares during the period. Cyndeo Wealth Partners LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth approximately $322,000. Finally, Vest Financial LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth approximately $753,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 2.2 %

NASDAQ TMUS opened at $270.82 on Tuesday. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $271.41. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The business’s fifty day simple moving average is $227.66 and its 200-day simple moving average is $218.93. The firm has a market cap of $309.21 billion, a PE ratio of 28.01, a P/E/G ratio of 1.44 and a beta of 0.56.

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

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.30%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on TMUS shares. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Morgan Stanley began coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Finally, Barclays increased their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $251.79.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the sale, the director now directly owns 4,021 shares of the company’s stock, valued at approximately $989,166. This trade represents a 19.92 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the firm’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 directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale 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 currently owned by insiders.

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.