Miller Howard Investments Inc. NY Acquires 1,288 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Miller Howard Investments Inc. NY increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 37,285 shares of the Wireless communications provider’s stock after acquiring an additional 1,288 shares during the period. Miller Howard Investments Inc. NY’s holdings in T-Mobile US were worth $8,230,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of TMUS. DT Investment Partners LLC grew its holdings in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC raised its stake in shares of T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. Financial Life Planners acquired a new position in shares of T-Mobile US during the fourth quarter worth approximately $29,000. MFA Wealth Advisors LLC lifted its holdings in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the 3rd quarter valued at $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 23,100 shares of company stock worth $5,501,978 in the last ninety days. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. TD Cowen lifted their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Royal Bank of Canada raised their price objective on shares of T-Mobile US from $240.00 to $245.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Barclays upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Sanford C. Bernstein began coverage on T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective for the company. Finally, Wells Fargo & Company increased their target price on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Trading Down 0.4 %

Shares of NASDAQ:TMUS opened at $246.24 on Friday. The stock has a market capitalization of $281.14 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The company’s 50-day moving average price is $225.96 and its two-hundred day moving average price is $215.43. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $250.50.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 12th. Stockholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.43%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

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.