Simon Quick Advisors LLC Purchases 283 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Simon Quick Advisors LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,309 shares of the Wireless communications provider’s stock after buying an additional 283 shares during the quarter. Simon Quick Advisors LLC’s holdings in T-Mobile US were worth $730,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. DT Investment Partners LLC boosted its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its holdings 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 purchasing an additional 56 shares in the last quarter. MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in T-Mobile US in the 3rd quarter worth about $34,000. Finally, Bruce G. Allen Investments LLC raised its position in 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 buying an additional 73 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $218.18 on Thursday. The company has a market capitalization of $253.20 billion, a P/E ratio of 24.88, a P/E/G ratio of 1.09 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’s 50 day simple moving average is $228.16 and its two-hundred day simple moving average is $211.26. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the previous year, the company earned $1.82 EPS. T-Mobile US’s revenue for the quarter was up 4.7% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. T-Mobile US’s payout ratio is 40.14%.

Analysts Set New Price Targets

A number of analysts have recently commented on TMUS shares. Bank of America lifted their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada downgraded shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and cut their target price for the stock from $255.00 to $240.00 in a research report on Monday, January 6th. UBS Group boosted their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Morgan Stanley initiated coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. Finally, KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research report on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $245.74.

Insider Transactions at T-Mobile US

In other news, EVP Nestor Cano sold 11,100 shares of the business’s stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total value of $2,561,325.00. Following the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction 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. The trade was a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 164,200 shares of company stock valued at $37,407,303 over the last 90 days. Company insiders own 0.67% of the company’s stock.

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.