Decker Retirement Planning Inc. Purchases Shares of 19,746 T-Mobile US, Inc. (NASDAQ:TMUS)

Decker Retirement Planning Inc. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 19,746 shares of the Wireless communications provider’s stock, valued at approximately $4,359,000. T-Mobile US makes up 2.5% of Decker Retirement Planning Inc.’s holdings, making the stock its 16th largest holding.

Several other institutional investors have also modified their holdings of the company. Empirical Asset Management LLC acquired a new stake in T-Mobile US in the 4th quarter valued at about $3,505,000. Ritholtz Wealth Management lifted its stake in T-Mobile US by 12.1% during the fourth quarter. Ritholtz Wealth Management now owns 12,191 shares of the Wireless communications provider’s stock valued at $2,691,000 after purchasing an additional 1,315 shares during the last quarter. Carnegie Investment Counsel boosted its holdings in T-Mobile US by 9.7% during the fourth quarter. Carnegie Investment Counsel now owns 80,392 shares of the Wireless communications provider’s stock worth $17,745,000 after buying an additional 7,116 shares in the last quarter. Tallon Kerry Patrick acquired a new position in T-Mobile US in the fourth quarter worth approximately $2,138,000. Finally, Foresight Capital Management Advisors Inc. increased its holdings in shares of T-Mobile US by 20.0% in the fourth quarter. Foresight Capital Management Advisors Inc. now owns 1,485 shares of the Wireless communications provider’s stock valued at $328,000 after buying an additional 248 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now directly owns 5,021 shares in the company, valued at $1,241,140.99. This represents a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction dated 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 of the company’s stock, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 164,200 shares of company stock worth $37,407,303. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. TD Cowen lifted their target price on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. Benchmark lifted their target price on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

T-Mobile US Trading Up 0.7 %

Shares of NASDAQ:TMUS opened at $215.75 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $250.38 billion, a PE ratio of 24.60, a P/E/G ratio of 1.05 and a beta of 0.56. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The firm has a fifty day moving average price of $229.57 and a 200 day moving average price of $209.94.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 EPS. The firm’s revenue was up 4.7% on a year-over-year basis. Analysts expect that T-Mobile US, Inc. will post 9.31 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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 $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is 40.14%.

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.