Campbell & CO Investment Adviser LLC Makes New $584,000 Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Campbell & CO Investment Adviser LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 4,172 shares of the Wireless communications provider’s stock, valued at approximately $584,000.

Other hedge funds also recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC bought a new stake in shares of T-Mobile US during the 3rd quarter worth $94,000. Bell Investment Advisors Inc increased its position in shares of T-Mobile US by 31.2% during the 3rd quarter. Bell Investment Advisors Inc now owns 332 shares of the Wireless communications provider’s stock worth $46,000 after purchasing an additional 79 shares in the last quarter. HighTower Advisors LLC increased its position in shares of T-Mobile US by 2.1% during the 3rd quarter. HighTower Advisors LLC now owns 754,879 shares of the Wireless communications provider’s stock worth $105,866,000 after purchasing an additional 15,205 shares in the last quarter. Pathstone Family Office LLC increased its position in shares of T-Mobile US by 105.1% during the 3rd quarter. Pathstone Family Office LLC now owns 39,644 shares of the Wireless communications provider’s stock worth $5,552,000 after purchasing an additional 20,317 shares in the last quarter. Finally, KCM Investment Advisors LLC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth about $238,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.8 %

T-Mobile US stock opened at $162.19 on Monday. The stock has a market capitalization of $192.50 billion, a PE ratio of 23.40, a price-to-earnings-growth ratio of 0.61 and a beta of 0.50. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $165.95. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The company has a 50 day moving average of $160.23 and a 200-day moving average of $147.83.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business had revenue of $20.48 billion for the quarter, compared to analyst estimates of $19.67 billion. During the same quarter in the previous year, the company posted $1.18 EPS. The business’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.2 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Shareholders of record on Friday, March 1st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.60%. The ex-dividend date is Thursday, February 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 37.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on TMUS shares. The Goldman Sachs Group raised their price objective on shares of T-Mobile US from $191.00 to $194.00 in a research report on Monday, October 16th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research note on Tuesday, December 19th. Raymond James boosted their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research note on Friday, January 26th. Finally, UBS Group boosted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock a “buy” rating in a research note on Wednesday, December 13th. One research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Buy” and a consensus price target of $185.93.

Get Our Latest Report on TMUS

Insider Activity

In other news, CAO Dara Bazzano sold 3,953 shares of the stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of $159.95, for a total value of $632,282.35. Following the transaction, the chief accounting officer now directly owns 6,924 shares of the company’s stock, valued at $1,107,493.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, CAO Dara Bazzano sold 3,953 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $159.95, for a total value of $632,282.35. Following the completion of the sale, the chief accounting officer now directly owns 6,924 shares in the company, valued at $1,107,493.80. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Michael J. Katz sold 3,500 shares of the business’s stock in a transaction that occurred on Friday, November 24th. The shares were sold at an average price of $148.95, for a total value of $521,325.00. Following the completion of the sale, the insider now owns 118,977 shares of the company’s stock, valued at $17,721,624.15. The disclosure for this sale can be found here. Insiders have sold 2,478,114 shares of company stock valued at $401,983,851 over the last ninety days. 0.70% of the stock is currently owned by company insiders.

T-Mobile US Profile

(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; leasing through JUMP! On Demand; and High Speed Internet services.

See Also

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

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