CFO4Life Group LLC Raises Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

CFO4Life Group LLC boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 55.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,132 shares of the Wireless communications provider’s stock after acquiring an additional 3,254 shares during the quarter. CFO4Life Group LLC’s holdings in T-Mobile US were worth $2,016,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Barclays PLC raised its position in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Gladstone Institutional Advisory LLC bought a new position in T-Mobile US during the 4th quarter valued at approximately $1,552,000. Trust Co. of Vermont raised its position in T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock valued at $5,954,000 after purchasing an additional 2,865 shares during the last quarter. Swedbank AB raised its position in T-Mobile US by 5.1% during the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after purchasing an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC bought a new position in T-Mobile US during the 4th quarter valued at approximately $7,678,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent analyst reports. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. JPMorgan Chase & Co. increased their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Sanford C. Bernstein assumed coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price for the company. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Bank of America increased their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Nine investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $254.10.

Insider Buying and Selling at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value 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 filing with the SEC, which is available at this link. Also, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $255.61 on Thursday. The business’s fifty day simple moving average is $242.14 and its two-hundred day simple moving average is $227.74. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a market cap of $291.84 billion, a price-to-earnings ratio of 26.43, a P/E/G ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Research analysts anticipate 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 announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.38%. T-Mobile US’s dividend payout ratio is 36.40%.

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.