Insider Buying: T-Mobile US, Inc. (NASDAQ:TMUS) Director Purchases $897,621.76 in Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Andre Almeida acquired 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

T-Mobile US Trading Down 0.2 %

Shares of TMUS stock opened at $219.11 on Monday. The business’s fifty day moving average price is $231.53 and its 200 day moving average price is $208.11. The firm has a market capitalization of $254.27 billion, a PE ratio of 24.98, a P/E/G ratio of 1.18 and a beta of 0.56. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.82 EPS. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Hedge Funds Weigh In On T-Mobile US

Several hedge funds have recently bought and sold shares of the company. Everence Capital Management Inc. raised its stake in shares of T-Mobile US by 22.1% during the 4th quarter. Everence Capital Management Inc. now owns 13,760 shares of the Wireless communications provider’s stock worth $3,037,000 after buying an additional 2,490 shares during the last quarter. Centre Asset Management LLC increased its holdings in T-Mobile US by 7.5% during the 4th quarter. Centre Asset Management LLC now owns 7,489 shares of the Wireless communications provider’s stock valued at $1,653,000 after acquiring an additional 522 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of T-Mobile US by 12.0% in the fourth quarter. GAMMA Investing LLC now owns 10,390 shares of the Wireless communications provider’s stock valued at $2,293,000 after purchasing an additional 1,114 shares in the last quarter. Versant Capital Management Inc grew its position in shares of T-Mobile US by 21.1% in the fourth quarter. Versant Capital Management Inc now owns 368 shares of the Wireless communications provider’s stock valued at $81,000 after purchasing an additional 64 shares during the last quarter. Finally, Inspire Trust Co. N.A. increased its stake in shares of T-Mobile US by 9.8% during the 3rd quarter. Inspire Trust Co. N.A. now owns 11,512 shares of the Wireless communications provider’s stock worth $2,376,000 after purchasing an additional 1,026 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on TMUS shares. Evercore ISI boosted their target price on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Morgan Stanley assumed coverage on shares of T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Barclays lifted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Benchmark upped their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada lifted their target price on T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. Five research analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $247.58.

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.