Cibc World Market Inc. Has $42.26 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Cibc World Market Inc. lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 290.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 191,475 shares of the Wireless communications provider’s stock after purchasing an additional 142,426 shares during the quarter. Cibc World Market Inc.’s holdings in T-Mobile US were worth $42,264,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. KPP Advisory Services LLC lifted its holdings in shares of T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after purchasing an additional 45 shares during the period. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares during the last quarter. Relyea Zuckerberg Hanson LLC raised its stake in T-Mobile US by 3.9% during the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after buying an additional 48 shares during the last quarter. Old North State Trust LLC raised its stake in T-Mobile US by 1.4% during the third quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock worth $751,000 after buying an additional 50 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its stake in T-Mobile US by 1.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock worth $735,000 after buying an additional 50 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Activity

In related news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the transaction, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have sold 144,200 shares of company stock worth $32,736,303. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.3 %

TMUS stock opened at $234.37 on Friday. The company has a market capitalization of $271.98 billion, a price-to-earnings ratio of 24.24, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The business’s 50 day moving average price is $226.37 and its two-hundred day moving average price is $212.82. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.00%. As a group, analysts forecast that T-Mobile US, Inc. will post 10.15 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm 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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analyst Ratings Changes

A number of brokerages recently weighed in on TMUS. UBS Group lifted their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Barclays lifted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Finally, Tigress Financial boosted their target price on shares of T-Mobile US from $235.00 to $280.00 and gave the stock a “buy” rating in a research report on Monday, December 2nd. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $248.89.

Get Our Latest Research Report on TMUS

T-Mobile US Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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