United Capital Financial Advisors LLC Boosts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

United Capital Financial Advisors LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 120,403 shares of the Wireless communications provider’s stock after buying an additional 488 shares during the period. United Capital Financial Advisors LLC’s holdings in T-Mobile US were worth $26,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Rakuten Securities Inc. lifted its stake in T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new stake in shares of T-Mobile US in the 4th quarter worth approximately $28,000. Financial Life Planners bought a new position in shares of T-Mobile US during the fourth quarter valued at approximately $29,000. Bruce G. Allen Investments LLC boosted its position in T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 73 shares in the last quarter. Finally, Albion Financial Group UT bought a new stake in T-Mobile US during the fourth quarter valued at about $39,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $262.64 on Tuesday. The stock has a market capitalization of $299.87 billion, a PE ratio of 27.16, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 52 week low of $159.14 and a 52 week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock’s 50-day moving average price is $260.69 and its 200-day moving average price is $237.92.

T-Mobile US (NASDAQ:TMUS) last announced its 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%. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts have recently issued reports on TMUS shares. Bank of America lifted their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Royal Bank of Canada raised their price objective on T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Friday, March 21st. Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Citigroup downgraded T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target for the company. in a report on Friday, March 14th. Finally, Benchmark restated a “buy” rating and set a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $256.80.

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.