T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 313,090 shares of the Wireless communications provider’s stock after acquiring an additional 49,250 shares during the quarter. Chevy Chase Trust Holdings LLC’s holdings in T-Mobile US were worth $69,108,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. DT Investment Partners LLC grew its position in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares in the last quarter. Dunhill Financial LLC grew its position in T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. Financial Life Planners acquired a new position in shares of T-Mobile US during the fourth quarter worth about $29,000. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Finally, Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US during the third quarter worth about $34,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Up 3.8 %

NASDAQ:TMUS opened at $265.08 on Friday. The firm has a market cap of $302.65 billion, a P/E ratio of 27.41, a PEG ratio of 1.44 and a beta of 0.56. 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 stock’s 50 day simple moving average is $226.70 and its 200-day simple moving average is $217.39. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $266.00.

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

T-Mobile US Announces Dividend

The firm 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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Tigress Financial boosted their target price on T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a research note on Thursday, February 6th. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Finally, Bank of America boosted their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, January 30th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the transaction, the director now owns 4,021 shares of the company’s stock, valued at $989,166. This represents a 19.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have sold 3,100 shares of company stock valued at $747,378 over the last quarter. Company insiders own 0.67% of the company’s stock.

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.