Weaver Capital Management LLC Buys 1,057 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Weaver Capital Management LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 6,105 shares of the Wireless communications provider’s stock after purchasing an additional 1,057 shares during the period. Weaver Capital Management LLC’s holdings in T-Mobile US were worth $1,348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Czech National Bank increased its position in shares of T-Mobile US by 1.6% during the third quarter. Czech National Bank now owns 99,828 shares of the Wireless communications provider’s stock valued at $20,601,000 after acquiring an additional 1,572 shares in the last quarter. Mather Group LLC. increased its position in shares of T-Mobile US by 6.6% during the third quarter. Mather Group LLC. now owns 4,568 shares of the Wireless communications provider’s stock valued at $943,000 after acquiring an additional 282 shares in the last quarter. Callan Family Office LLC increased its position in shares of T-Mobile US by 20.2% during the third quarter. Callan Family Office LLC now owns 2,138 shares of the Wireless communications provider’s stock valued at $441,000 after acquiring an additional 359 shares in the last quarter. Chesley Taft & Associates LLC increased its position in shares of T-Mobile US by 1.3% during the third quarter. Chesley Taft & Associates LLC now owns 26,859 shares of the Wireless communications provider’s stock valued at $5,543,000 after acquiring an additional 351 shares in the last quarter. Finally, MBM Wealth Consultants LLC boosted its holdings in T-Mobile US by 7.8% in the third quarter. MBM Wealth Consultants LLC now owns 6,664 shares of the Wireless communications provider’s stock worth $1,375,000 after purchasing an additional 484 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $237.25 on Wednesday. The company’s 50-day moving average price is $226.18 and its 200-day moving average price is $214.14. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company has a market cap of $275.33 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.18 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on TMUS. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Scotiabank raised their target price on shares of T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Morgan Stanley initiated coverage on shares of T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Bank of America lifted their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $251.26.

Insider Buying and Selling

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares of the company’s stock, valued at $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 at this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of the stock in a transaction on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders sold 34,200 shares of company stock valued at $8,063,303. Company insiders own 0.67% of the company’s stock.

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.