Inspire Trust Co. N.A. Has $4.67 Million Holdings in T-Mobile US, Inc. $TMUS

Inspire Trust Co. N.A. increased its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 27.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 23,000 shares of the Wireless communications provider’s stock after purchasing an additional 5,000 shares during the quarter. Inspire Trust Co. N.A.’s holdings in T-Mobile US were worth $4,670,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in T-Mobile US by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock valued at $10,244,764,000 after acquiring an additional 636,192 shares during the period. State Street Corp raised its stake in T-Mobile US by 4.7% in the 3rd quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock valued at $5,801,155,000 after acquiring an additional 1,092,769 shares during the period. Capital International Investors raised its stake in T-Mobile US by 5.5% in the 3rd quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock valued at $3,285,608,000 after acquiring an additional 711,278 shares during the period. Wellington Management Group LLP raised its stake in T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after acquiring an additional 4,335,368 shares during the period. Finally, Invesco Ltd. raised its stake in T-Mobile US by 6.1% in the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after acquiring an additional 453,096 shares during the period. Institutional investors own 42.49% of the company’s stock.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 3,291 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the transaction, the director owned 1,038 shares in the company, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 13,090 shares of company stock worth $2,618,500 over the last three months. Company insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TMUS shares. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target on the stock in a research note on Wednesday, April 8th. Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. Morgan Stanley started coverage on T-Mobile US in a research note on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price target on the stock. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, May 6th. Finally, UBS Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $260.48.

Get Our Latest Analysis on T-Mobile US

T-Mobile US Stock Down 0.9%

TMUS stock opened at $189.01 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a market capitalization of $204.55 billion, a price-to-earnings ratio of 20.11, a PEG ratio of 1.11 and a beta of 0.33. The business’s fifty day moving average price is $196.71 and its two-hundred day moving average price is $201.83. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $261.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.58 EPS. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

T-Mobile US Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

Featured Stories

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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