Foundations Investment Advisors LLC Has $600,000 Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Foundations Investment Advisors LLC trimmed its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 34.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,718 shares of the Wireless communications provider’s stock after selling 1,399 shares during the quarter. Foundations Investment Advisors LLC’s holdings in T-Mobile US were worth $600,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TMUS. Susquehanna Fundamental Investments LLC acquired a new position in T-Mobile US during the second quarter worth $863,000. EP Wealth Advisors LLC raised its stake in shares of T-Mobile US by 13.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 5,906 shares of the Wireless communications provider’s stock valued at $1,040,000 after acquiring an additional 721 shares in the last quarter. Advisory Alpha LLC lifted its holdings in T-Mobile US by 5.9% in the 2nd quarter. Advisory Alpha LLC now owns 1,419 shares of the Wireless communications provider’s stock worth $250,000 after purchasing an additional 79 shares during the last quarter. New Century Financial Group LLC acquired a new position in T-Mobile US during the second quarter valued at approximately $234,000. Finally, Sanctuary Advisors LLC bought a new position in shares of T-Mobile US in the second quarter valued at approximately $12,095,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold 144,200 shares of company stock worth $32,736,303 in the last three months. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.3 %

Shares of TMUS opened at $234.37 on Friday. The firm has a market capitalization of $271.98 billion, a price-to-earnings ratio of 26.72, a PEG ratio of 1.08 and a beta of 0.56. 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 business’s fifty day moving average price is $226.37 and its two-hundred day moving average price is $212.82.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. On average, analysts predict that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business 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 $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TMUS. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday. Barclays raised their price target on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. UBS Group lifted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada increased their price objective on T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research report on Thursday. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $248.89.

T-Mobile US 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.