T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Mather Group LLC.

Mather Group LLC. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,843 shares of the Wireless communications provider’s stock after purchasing an additional 136 shares during the quarter. Mather Group LLC.’s holdings in T-Mobile US were worth $616,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of TMUS. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US during the third quarter worth about $26,000. Valley National Advisers Inc. lifted its stake in shares of T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares in the last quarter. Baker Avenue Asset Management LP lifted its stake in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC acquired a new position in shares of T-Mobile US during the fourth quarter worth about $34,000. Finally, Raleigh Capital Management Inc. lifted its stake in shares of T-Mobile US by 54.5% during the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.8 %

Shares of T-Mobile US stock opened at $165.47 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The business’s 50 day simple moving average is $162.65 and its 200-day simple moving average is $157.56. The stock has a market capitalization of $193.91 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 0.64 and a beta of 0.48. 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 announced its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s quarterly revenue was down .2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.58 EPS. Equities research analysts forecast that T-Mobile US, Inc. will post 9 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.57%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio is currently 35.37%.

Analyst Ratings Changes

Several research analysts recently commented on TMUS shares. KeyCorp boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday, April 26th. Oppenheimer reiterated an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. TD Cowen cut their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Raymond James boosted their price target on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. Finally, Tigress Financial boosted their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $186.33.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $164.15, for a total value of $31,134,330.50. Following the sale, the director now directly owns 677,917,371 shares in the company, valued at approximately $111,280,136,449.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $164.15, for a total value of $31,134,330.50. Following the sale, the director now directly owns 677,917,371 shares in the company, valued at approximately $111,280,136,449.65. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark Wolfe Nelson sold 13,872 shares of the firm’s stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $160.27, for a total value of $2,223,265.44. Following the completion of the sale, the executive vice president now owns 107,328 shares in the company, valued at $17,201,458.56. The disclosure for this sale can be found here. Insiders have sold a total of 5,980,169 shares of company stock worth $970,759,660 in the last three months. 0.70% of the stock is owned by company insiders.

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.