HM Payson & Co. Has $285,000 Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

HM Payson & Co. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 413.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,293 shares of the Wireless communications provider’s stock after purchasing an additional 1,041 shares during the quarter. HM Payson & Co.’s holdings in T-Mobile US were worth $285,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Dunhill Financial LLC raised its position in shares of T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 56 shares during the last quarter. Financial Life Planners bought a new position in T-Mobile US during the fourth quarter valued at about $29,000. Legacy Investment Solutions LLC acquired a new position in T-Mobile US in the 3rd quarter valued at approximately $34,000. Planning Capital Management Corp raised its holdings in T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 101 shares in the last quarter. Finally, Bruce G. Allen Investments LLC lifted its position in shares of T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 73 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Royal Bank of Canada reissued a “sector perform” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, Scotiabank increased their price target on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a “sector perform” rating in a research report on Monday, March 3rd. Nine analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $254.10.

T-Mobile US Stock Up 0.9 %

Shares of TMUS opened at $265.24 on Monday. The company has a market capitalization of $302.84 billion, a P/E ratio of 27.43, a PEG ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $276.49. The business’s 50 day simple moving average is $239.80 and its 200-day simple moving average is $226.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS 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%. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

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 paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

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.