Checchi Capital Advisers LLC Acquires 221 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Checchi Capital Advisers LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 3.1% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 7,254 shares of the Wireless communications provider’s stock after acquiring an additional 221 shares during the quarter. Checchi Capital Advisers LLC’s holdings in T-Mobile US were worth $1,601,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. PFG Investments LLC boosted its holdings in T-Mobile US by 16.6% in the third quarter. PFG Investments LLC now owns 1,456 shares of the Wireless communications provider’s stock valued at $301,000 after acquiring an additional 207 shares during the last quarter. Modera Wealth Management LLC acquired a new stake in T-Mobile US during the third quarter worth approximately $315,000. J.W. Cole Advisors Inc. bought a new stake in T-Mobile US in the third quarter worth approximately $562,000. Nisa Investment Advisors LLC lifted its stake in T-Mobile US by 38.6% in the third quarter. Nisa Investment Advisors LLC now owns 246,843 shares of the Wireless communications provider’s stock valued at $50,939,000 after buying an additional 68,805 shares during the period. Finally, Old Port Advisors acquired a new stake in shares of T-Mobile US during the 3rd quarter worth approximately $220,000. Institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the sale, the director now owns 4,021 shares of the company’s stock, valued at $989,166. The trade was a 19.92 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Royal Bank of Canada raised their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Benchmark reiterated a “buy” rating and issued a $255.00 target price on shares of T-Mobile US in a research note on Tuesday, January 28th. Scotiabank lifted their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Barclays upped their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Finally, Morgan Stanley started coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

Read Our Latest Analysis on TMUS

T-Mobile US Stock Performance

Shares of TMUS opened at $270.54 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a 50-day moving average price of $232.75 and a 200-day moving average price of $222.70. The company has a market cap of $308.89 billion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $273.40.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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 18.09%. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

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

About T-Mobile US

(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.

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

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