Diversified Trust Co Purchases 4,960 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Diversified Trust Co grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 85.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 10,766 shares of the Wireless communications provider’s stock after acquiring an additional 4,960 shares during the quarter. Diversified Trust Co’s holdings in T-Mobile US were worth $2,377,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DT Investment Partners LLC lifted its position in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares during the last quarter. Dunhill Financial LLC lifted its holdings in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares during the period. Y.D. More Investments Ltd bought a new position in T-Mobile US during the 2nd quarter valued at about $27,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the 3rd quarter worth about $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on TMUS shares. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price on the stock. in a research note on Thursday, December 12th. Benchmark lifted their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Raymond James downgraded shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Oppenheimer lifted their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Evercore ISI increased their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Activity at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. This trade represents a 5.02 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the company’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the transaction, the executive vice president now directly owns 61,871 shares of the company’s stock, valued at $13,380,222.46. The trade was a 40.87 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 206,969 shares of company stock worth $46,656,527. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Stock Performance

TMUS opened at $212.34 on Wednesday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The firm has a 50 day moving average of $230.95 and a two-hundred day moving average of $208.61. The firm has a market capitalization of $246.42 billion, a PE ratio of 24.21, a P/E/G ratio of 1.18 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm posted $1.82 earnings per share. On average, analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.66%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

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.