Resonant Capital Advisors LLC Acquires 52 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Resonant Capital Advisors LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,488 shares of the Wireless communications provider’s stock after acquiring an additional 52 shares during the quarter. Resonant Capital Advisors LLC’s holdings in T-Mobile US were worth $328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. Czech National Bank lifted its holdings in shares of T-Mobile US by 1.6% during the third quarter. Czech National Bank now owns 99,828 shares of the Wireless communications provider’s stock valued at $20,601,000 after purchasing an additional 1,572 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of T-Mobile US by 28.1% during the third quarter. GAMMA Investing LLC now owns 9,276 shares of the Wireless communications provider’s stock valued at $1,914,000 after purchasing an additional 2,036 shares during the last quarter. Davis Investment Partners LLC boosted its holdings in T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after purchasing an additional 51 shares during the last quarter. Foresight Capital Management Advisors Inc. bought a new position in shares of T-Mobile US in the third quarter worth about $255,000. Finally, Mather Group LLC. grew its holdings in T-Mobile US by 6.6% during the 3rd quarter. Mather Group LLC. now owns 4,568 shares of the Wireless communications provider’s stock valued at $943,000 after buying an additional 282 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

TMUS has been the subject of a number of research reports. Citigroup increased their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Tigress Financial boosted their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Wells Fargo & Company upped their target price on shares of T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 30th. Finally, Oppenheimer lifted their target price on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday. Seven 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 data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $251.26.

Insider Activity

In other news, EVP Nestor Cano sold 11,100 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the sale, the executive vice president now owns 4,400 shares of the company’s stock, valued at $1,015,300. This trade represents a 71.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 34,200 shares of company stock valued at $8,063,303 in the last ninety days. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 2.2 %

NASDAQ:TMUS opened at $238.10 on Tuesday. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company’s 50 day moving average is $226.22 and its two-hundred day moving average is $213.75. 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 company has a market cap of $276.31 billion, a PE ratio of 24.62, a P/E/G ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts anticipate that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.48%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is 36.40%.

T-Mobile US 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.