Constant Guidance Financial LLC Invests $304,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Constant Guidance Financial LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,377 shares of the Wireless communications provider’s stock, valued at approximately $304,000.

A number of other institutional investors have also recently added to or reduced their stakes in TMUS. SeaCrest Wealth Management LLC acquired a new stake in T-Mobile US in the third quarter valued at approximately $243,000. Good Life Advisors LLC acquired a new stake in T-Mobile US in the third quarter valued at approximately $314,000. Global Retirement Partners LLC lifted its stake in T-Mobile US by 12.9% in the third quarter. Global Retirement Partners LLC now owns 7,718 shares of the Wireless communications provider’s stock valued at $1,593,000 after acquiring an additional 884 shares during the last quarter. Bleakley Financial Group LLC lifted its stake in shares of T-Mobile US by 1.6% in the third quarter. Bleakley Financial Group LLC now owns 9,001 shares of the Wireless communications provider’s stock worth $1,858,000 after buying an additional 144 shares during the last quarter. Finally, Secure Asset Management LLC lifted its stake in shares of T-Mobile US by 5.0% in the third quarter. Secure Asset Management LLC now owns 2,270 shares of the Wireless communications provider’s stock worth $468,000 after buying an additional 108 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 3,100 shares of company stock worth $747,378. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 2.2 %

Shares of T-Mobile US stock opened at $270.82 on Friday. The firm has a market capitalization of $309.21 billion, a PE ratio of 28.01, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company’s fifty day moving average price is $227.12 and its two-hundred day moving average price is $217.72. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating 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%. On average, analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.30%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TMUS. Benchmark restated a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. UBS Group boosted their price objective 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. Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Citigroup boosted their price objective on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Finally, Barclays boosted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $251.79.

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.