T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Paradigm Financial Partners LLC

Paradigm Financial Partners LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 31,656 shares of the Wireless communications provider’s stock after purchasing an additional 416 shares during the period. T-Mobile US makes up about 1.2% of Paradigm Financial Partners LLC’s investment portfolio, making the stock its 20th biggest position. Paradigm Financial Partners LLC’s holdings in T-Mobile US were worth $5,075,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TMUS. OLD National Bancorp IN boosted its holdings in T-Mobile US by 1.9% in the 4th quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock valued at $538,000 after purchasing an additional 62 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in T-Mobile US by 3.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after purchasing an additional 66 shares during the period. Transatlantique Private Wealth LLC lifted its stake in shares of T-Mobile US by 0.4% in the 3rd quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after purchasing an additional 68 shares during the last quarter. Hohimer Wealth Management LLC increased its position in shares of T-Mobile US by 0.9% during the 3rd quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after purchasing an additional 68 shares during the last quarter. Finally, Tranquility Partners LLC raised its holdings in T-Mobile US by 1.9% in the 4th quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock valued at $613,000 after buying an additional 71 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now directly owns 102,555 shares in the company, valued at $17,274,364.20. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,180,319 shares of company stock worth $1,002,629,987. 0.70% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on TMUS shares. KeyCorp increased their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday. Morgan Stanley increased their target price on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research note on Monday, January 29th. TD Cowen dropped their target price on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday. Citigroup increased their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. Finally, Raymond James lifted their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. One investment analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US has a consensus rating of “Buy” and a consensus price target of $186.33.

T-Mobile US Stock Down 0.1 %

Shares of TMUS stock traded down $0.09 on Friday, reaching $163.96. 7,969,001 shares of the stock were exchanged, compared to its average volume of 3,837,128. The company has a market capitalization of $194.60 billion, a price-to-earnings ratio of 22.31, a PEG ratio of 0.68 and a beta of 0.49. The business’s 50 day moving average price is $162.51 and its 200 day moving average price is $157.08. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.45% and a net margin of 11.15%. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. During the same period in the prior year, the firm posted $1.58 EPS. The business’s quarterly revenue was down .2% compared to the same quarter last year. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 8.97 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s payout ratio is currently 35.37%.

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.