T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Schear Investment Advisers LLC

Schear Investment Advisers LLC grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 34.3% in the 4th quarter, Holdings Channel reports. The fund owned 5,209 shares of the Wireless communications provider’s stock after acquiring an additional 1,330 shares during the period. Schear Investment Advisers LLC’s holdings in T-Mobile US were worth $1,150,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Wellington Management Group LLP grew its stake in T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. FMR LLC boosted its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after buying an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. grew its position in shares of T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Barclays PLC increased its stake in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after acquiring an additional 47,350 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

TMUS opened at $258.70 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The business’s 50 day moving average is $226.18 and its 200-day moving average is $216.54. The stock has a market cap of $295.37 billion, a PE ratio of 26.75, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $259.46.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating 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, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is currently 36.40%.

Insider Activity at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were bought at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on 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 owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This trade represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,100 shares of company stock worth $747,378 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several research analyst reports. Oppenheimer boosted their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Daiwa America raised T-Mobile US to a “hold” rating in a report on Friday, October 25th. Morgan Stanley assumed coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Finally, Sanford C. Bernstein began coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target on the stock. 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’s stock. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $251.79.

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.