T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Meeder Advisory Services Inc.

Meeder Advisory Services Inc. raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,427 shares of the Wireless communications provider’s stock after acquiring an additional 559 shares during the period. Meeder Advisory Services Inc.’s holdings in T-Mobile US were worth $2,302,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in TMUS. Dunhill Financial LLC boosted its holdings in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Rakuten Securities Inc. lifted its holdings in shares of T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new stake in shares of T-Mobile US in the fourth quarter worth about $28,000. Financial Life Planners acquired a new stake in T-Mobile US during the fourth quarter worth about $29,000. Finally, Legacy Investment Solutions LLC purchased a new position in T-Mobile US during the third quarter valued at approximately $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $268.54 on Wednesday. The business’s 50 day moving average price is $254.86 and its 200 day moving average price is $234.05. The company has a market cap of $306.60 billion, a price-to-earnings ratio of 27.77, a PEG ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a one year low of $159.14 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, research 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 announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.31%. T-Mobile US’s payout ratio is 36.40%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TMUS. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective for the company. Barclays raised their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $256.80.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate 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.