T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Simplicity Solutions LLC

Simplicity Solutions LLC increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,751 shares of the Wireless communications provider’s stock after buying an additional 299 shares during the quarter. Simplicity Solutions LLC’s holdings in T-Mobile US were worth $1,403,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Valley National Advisers Inc. raised its position in shares of T-Mobile US by 232.1% during the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the last quarter. BluePath Capital Management LLC purchased a new position in shares of T-Mobile US in the third quarter valued at approximately $26,000. Baker Avenue Asset Management LP boosted its stake in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in shares of T-Mobile US during the fourth quarter worth approximately $34,000. Finally, SkyView Investment Advisors LLC acquired a new position in T-Mobile US in the 1st quarter valued at $31,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction on Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total value of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark Wolfe Nelson sold 13,872 shares of the business’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $160.27, for a total value of $2,223,265.44. Following the completion of the sale, the executive vice president now directly owns 107,328 shares of the company’s stock, valued at $17,201,458.56. The disclosure for this sale can be found here. Insiders sold 5,689,170 shares of company stock worth $924,847,536 in the last 90 days. Corporate insiders own 0.70% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $159.82 on Tuesday. The stock has a market cap of $189.69 billion, a PE ratio of 23.06, a P/E/G ratio of 0.65 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The firm has a 50-day simple moving average of $162.34 and a two-hundred day simple moving average of $155.74.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (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 period in the prior year, the company posted $1.18 EPS. The firm’s revenue for the quarter was up 1.0% compared to the same quarter last year. As a group, analysts forecast that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is presently 37.52%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on TMUS shares. Citigroup lifted their target price on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Friday, January 26th. Raymond James raised 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. Morgan Stanley increased their price target on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. Finally, Wells Fargo & Company boosted their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $185.93.

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.