Certuity LLC Acquires Shares of 2,126 T-Mobile US, Inc. (NASDAQ:TMUS)

Certuity LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 2,126 shares of the Wireless communications provider’s stock, valued at approximately $341,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Financial Counselors Inc. bought a new stake in shares of T-Mobile US during the third quarter worth about $218,000. Caprock Group LLC grew its holdings in T-Mobile US by 105.8% during the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after acquiring an additional 11,854 shares during the last quarter. Pacer Advisors Inc. increased its position in T-Mobile US by 31.4% in the 4th quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock valued at $17,261,000 after acquiring an additional 25,700 shares during the period. Cerity Partners LLC raised its stake in shares of T-Mobile US by 136.8% during the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock valued at $10,096,000 after acquiring an additional 36,374 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its holdings in shares of T-Mobile US by 11.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 237,481 shares of the Wireless communications provider’s stock worth $38,075,000 after purchasing an additional 24,412 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the transaction, the insider now directly owns 102,555 shares in the company, valued at approximately $17,274,364.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In related news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $164.15, for a total transaction of $31,134,330.50. Following the completion of the transaction, the director now owns 677,917,371 shares of the company’s stock, valued at $111,280,136,449.65. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Callie R. Field sold 5,844 shares of the stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares in the company, valued at $17,274,364.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,980,169 shares of company stock worth $970,759,660. 0.70% of the stock is owned by corporate insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $165.47 on Thursday. The firm has a market cap of $193.91 billion, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 0.64 and a beta of 0.48. The stock has a fifty day simple moving average of $162.65 and a two-hundred day simple moving average of $157.56. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same quarter last year, the firm posted $1.58 EPS. The firm’s revenue for the quarter was down .2% on a year-over-year basis. Analysts anticipate that T-Mobile US, Inc. will post 9 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is currently 35.37%.

Analyst Ratings Changes

TMUS has been the subject of a number of recent research reports. Oppenheimer restated an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a report on Wednesday, April 3rd. KeyCorp lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Royal Bank of Canada increased their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Tigress Financial lifted their price objective on shares of T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Wells Fargo & Company increased their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $186.33.

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.