Seven Mile Advisory Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Seven Mile Advisory bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 994 shares of the Wireless communications provider’s stock, valued at approximately $219,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Signaturefd LLC lifted its stake in T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after acquiring an additional 41 shares during the period. JSF Financial LLC boosted its stake in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock valued at $1,117,000 after purchasing an additional 44 shares in the last quarter. D Orazio & Associates Inc. increased its holdings in T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock valued at $290,000 after buying an additional 47 shares during the period. Warren Street Wealth Advisors LLC raised its stake in T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock worth $252,000 after buying an additional 47 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC boosted its position in T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after acquiring an additional 48 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on TMUS shares. Benchmark reaffirmed a “buy” rating and set a $275.00 price objective on shares of T-Mobile US in a research report on Thursday. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. JPMorgan Chase & Co. upped their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Oppenheimer boosted their target price on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, UBS Group downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $256.80.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction 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 sale, the director now owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 1.2 %

Shares of TMUS opened at $264.93 on Monday. The firm has a market cap of $302.48 billion, a P/E ratio of 27.40, a PEG ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The stock’s 50 day moving average is $252.92 and its two-hundred day moving average is $233.13. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued 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 net margin of 13.93% and a return on equity of 18.09%. Analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date 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 presently 36.40%.

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.