Signaturefd LLC Increases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Signaturefd LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,021 shares of the Wireless communications provider’s stock after acquiring an additional 830 shares during the period. Signaturefd LLC’s holdings in T-Mobile US were worth $1,607,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Verdence Capital Advisors LLC grew its stake in T-Mobile US by 68.3% during the 4th quarter. Verdence Capital Advisors LLC now owns 4,013 shares of the Wireless communications provider’s stock valued at $643,000 after acquiring an additional 1,629 shares in the last quarter. Lindbrook Capital LLC grew its stake in T-Mobile US by 8.1% during the 4th quarter. Lindbrook Capital LLC now owns 5,828 shares of the Wireless communications provider’s stock valued at $934,000 after acquiring an additional 436 shares in the last quarter. abrdn plc grew its stake in T-Mobile US by 56.8% during the 4th quarter. abrdn plc now owns 227,905 shares of the Wireless communications provider’s stock valued at $36,540,000 after acquiring an additional 82,578 shares in the last quarter. Naples Money Management LLC purchased a new stake in T-Mobile US during the 4th quarter valued at about $327,000. Finally, Knights of Columbus Asset Advisors LLC grew its stake in T-Mobile US by 4.1% during the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 25,353 shares of the Wireless communications provider’s stock valued at $4,065,000 after acquiring an additional 1,003 shares in the last quarter. 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 170,703 shares of the firm’s stock in a transaction on Wednesday, April 17th. The shares were sold at an average price of $159.98, for a total value of $27,309,065.94. Following the sale, the director now directly owns 679,434,731 shares in the company, valued at approximately $108,695,968,265.38. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total transaction of $489,660.00. Following the sale, the insider now directly owns 125,687 shares in the company, valued at approximately $20,514,632.14. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Telekom Ag Deutsche sold 170,703 shares of T-Mobile US stock in a transaction on Wednesday, April 17th. The stock was sold at an average price of $159.98, for a total transaction of $27,309,065.94. Following the sale, the director now owns 679,434,731 shares in the company, valued at $108,695,968,265.38. The disclosure for this sale can be found here. Insiders have sold a total of 5,811,459 shares of company stock worth $942,634,782 in the last ninety days. 0.70% of the stock is owned by corporate insiders.

T-Mobile US Price Performance

T-Mobile US stock opened at $162.33 on Monday. The firm has a market cap of $192.66 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 0.66 and a beta of 0.49. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. 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’s 50 day moving average is $162.28 and its two-hundred day moving average is $156.37.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. T-Mobile US’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.18 earnings per share. On average, research analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Morgan Stanley increased their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Raymond James increased their price target on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. Royal Bank of Canada reissued an “outperform” rating and issued a $184.00 price target on shares of T-Mobile US in a research note on Wednesday, March 20th. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Friday, January 26th. Finally, Citigroup increased their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. One investment analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $185.93.

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.