T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,907 shares of the Wireless communications provider’s stock after buying an additional 3,118 shares during the quarter. Benjamin Edwards Inc.’s holdings in T-Mobile US were worth $37,285,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TMUS. Rakuten Securities Inc. increased its stake in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 62 shares during the period. CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners purchased a new stake in T-Mobile US during the fourth quarter valued at about $29,000. Bruce G. Allen Investments LLC lifted its position in shares of T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 73 shares in the last quarter. Finally, Albion Financial Group UT purchased a new stake in shares of T-Mobile US in the fourth quarter valued at $39,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $248.88 on Friday. The company has a 50 day moving average of $258.13 and a 200-day moving average of $241.76. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 1-year low of $161.61 and a 1-year high of $276.49. The firm has a market cap of $282.59 billion, a price-to-earnings ratio of 25.74, a PEG ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 earnings per share. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.41%. T-Mobile US’s payout ratio is presently 34.34%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Tigress Financial raised their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Hsbc Global Res lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Citigroup downgraded T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price target on the stock. in a research report on Friday, March 14th. Finally, Scotiabank raised shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and upped their price objective for the company from $275.00 to $277.50 in a research report on Wednesday. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $257.68.

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.