T-Mobile US, Inc. (NASDAQ:TMUS) Director Acquires $897,621.76 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $219.11 on Friday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The stock has a market capitalization of $254.27 billion, a price-to-earnings ratio of 24.98, a price-to-earnings-growth ratio of 1.18 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company’s 50 day simple moving average is $231.53 and its 200 day simple moving average is $207.68.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $20.01 billion. During the same quarter in the previous year, the firm earned $1.82 EPS. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. As a group, research analysts predict that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Institutional Investors Weigh In On T-Mobile US

Several hedge funds and other institutional investors have recently made changes to their positions in TMUS. Everence Capital Management Inc. lifted its stake in T-Mobile US by 22.1% in the 4th quarter. Everence Capital Management Inc. now owns 13,760 shares of the Wireless communications provider’s stock valued at $3,037,000 after purchasing an additional 2,490 shares during the last quarter. Centre Asset Management LLC lifted its stake in shares of T-Mobile US by 7.5% in the 4th quarter. Centre Asset Management LLC now owns 7,489 shares of the Wireless communications provider’s stock valued at $1,653,000 after acquiring an additional 522 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of T-Mobile US by 12.0% during the 4th quarter. GAMMA Investing LLC now owns 10,390 shares of the Wireless communications provider’s stock valued at $2,293,000 after acquiring an additional 1,114 shares in the last quarter. Versant Capital Management Inc grew its position in T-Mobile US by 21.1% during the 4th quarter. Versant Capital Management Inc now owns 368 shares of the Wireless communications provider’s stock worth $81,000 after acquiring an additional 64 shares during the last quarter. Finally, Inspire Trust Co. N.A. raised its position in T-Mobile US by 9.8% in the third quarter. Inspire Trust Co. N.A. now owns 11,512 shares of the Wireless communications provider’s stock valued at $2,376,000 after purchasing an additional 1,026 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on the company. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Sanford C. Bernstein began coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target on the stock. Scotiabank raised their price objective on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Bank of America lifted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Oppenheimer lifted their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Five investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $247.58.

About T-Mobile US

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.