Family Capital Management Inc. Acquires New Shares in T-Mobile US, Inc. (NASDAQ:TMUS)

Family Capital Management Inc. bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, HoldingsChannel.com reports. The firm bought 911 shares of the Wireless communications provider’s stock, valued at approximately $201,000.

Several other institutional investors also recently modified their holdings of the stock. SeaCrest Wealth Management LLC bought a new stake in shares of T-Mobile US in the 3rd quarter valued at $243,000. Sumitomo Life Insurance Co. increased its holdings in shares of T-Mobile US by 2.5% in the third quarter. Sumitomo Life Insurance Co. now owns 8,228 shares of the Wireless communications provider’s stock worth $1,698,000 after acquiring an additional 202 shares in the last quarter. Vontobel Holding Ltd. raised its position in shares of T-Mobile US by 15.2% during the third quarter. Vontobel Holding Ltd. now owns 96,297 shares of the Wireless communications provider’s stock worth $19,872,000 after purchasing an additional 12,724 shares during the period. Gruss & Co. LLC bought a new position in shares of T-Mobile US during the 3rd quarter valued at about $206,000. Finally, Good Life Advisors LLC acquired a new position in shares of T-Mobile US in the 3rd quarter valued at approximately $314,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In other news, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now directly owns 5,021 shares in the company, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the 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 sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,100 shares of company stock worth $747,378. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $265.08 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $266.00. The business’s 50 day moving average price is $226.70 and its two-hundred day moving average price is $217.39. The company has a market cap of $302.65 billion, a PE ratio of 27.41, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data 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 net margin of 13.93% and a return on equity of 18.09%. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price target on the stock. Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Tigress Financial increased their target price on T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a report on Thursday, February 6th. Morgan Stanley began coverage on T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. Finally, Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $251.79.

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.