Farther Finance Advisors LLC Buys 164 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Farther Finance Advisors LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.3% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,942 shares of the Wireless communications provider’s stock after purchasing an additional 164 shares during the period. Farther Finance Advisors LLC’s holdings in T-Mobile US were worth $870,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. Raymond James Financial Inc. bought a new position in shares of T-Mobile US during the 4th quarter valued at about $452,721,000. FMR LLC lifted its holdings in shares of T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares during the last quarter. Barclays PLC lifted its holdings in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after acquiring an additional 876,182 shares during the last quarter. Proficio Capital Partners LLC lifted its holdings in shares of T-Mobile US by 31,353.2% in the 4th quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider’s stock valued at $140,172,000 after acquiring an additional 633,021 shares during the last quarter. Finally, Wellington Management Group LLP lifted its holdings in shares of T-Mobile US by 4.0% in the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after acquiring an additional 602,786 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $255.98 on Friday. The firm has a market cap of $292.26 billion, a price-to-earnings ratio of 26.47, a PEG ratio of 1.55 and a beta of 0.64. The company’s 50 day moving average is $243.67 and its 200 day moving average is $228.34. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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 annualized dividend and a yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insider Activity at T-Mobile US

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 shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $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 can be accessed through the SEC website. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TMUS has been the subject of a number of analyst reports. Scotiabank increased their price target on shares of T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Oppenheimer raised their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Finally, Barclays raised their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Ten equities research analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $254.80.

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.