Versant Capital Management Inc boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 21.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 368 shares of the Wireless communications provider’s stock after buying an additional 64 shares during the period. Versant Capital Management Inc’s holdings in T-Mobile US were worth $81,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Y.D. More Investments Ltd purchased a new stake in shares of T-Mobile US during the second quarter worth about $27,000. Dunhill Financial LLC raised its position in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the third quarter worth about $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
TMUS has been the subject of several recent research reports. Bank of America boosted their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Daiwa America raised T-Mobile US to a “hold” rating in a report on Friday, October 25th. 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 report on Thursday, October 24th. UBS Group lifted 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. Finally, Oppenheimer boosted their target price on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $247.58.
T-Mobile US Stock Performance
Shares of NASDAQ TMUS opened at $219.11 on Friday. The business’s 50-day simple moving average is $231.53 and its 200-day simple moving average is $207.68. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The firm has a market cap of $254.27 billion, a price-to-earnings ratio of 24.98, a P/E/G ratio of 1.18 and a beta of 0.56.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.82 EPS. As a group, equities research analysts expect that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.
T-Mobile US Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s dividend payout ratio is 40.14%.
Insider Buying and Selling
In related news, Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the acquisition, 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 available through this link. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the completion of the sale, the executive vice president now owns 61,871 shares in the company, valued at $13,380,222.46. This represents a 40.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 206,969 shares of company stock valued at $46,656,527 over the last three months. 0.67% of the stock is owned by corporate insiders.
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.
Recommended Stories
- Five stocks we like better than T-Mobile US
- Using the MarketBeat Stock Split Calculator
- Quantum Opportunity: Skywater Technology’s Long-Term Potential
- How to Invest in Biotech Stocks
- Nebius Group: The Rising Star in AI Infrastructure
- The 3 Best Blue-Chip Stocks to Buy Now
- MarketBeat Week in Review – 12/30 – 1/03
Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.