T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Dakota Wealth Management

Dakota Wealth Management increased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 15.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 21,881 shares of the Wireless communications provider’s stock after buying an additional 2,967 shares during the quarter. Dakota Wealth Management’s holdings in T-Mobile US were worth $3,508,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Valley National Advisers Inc. increased its stake in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares during the last quarter. BluePath Capital Management LLC bought a new stake in shares of T-Mobile US in the 3rd quarter worth about $26,000. Baker Avenue Asset Management LP raised its stake in shares of T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC bought a new position in shares of T-Mobile US during the fourth quarter worth about $34,000. Finally, SkyView Investment Advisors LLC acquired a new position in T-Mobile US in the first quarter worth about $31,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Thursday, January 18th. The stock was sold at an average price of $164.54, for a total transaction of $32,070,491.40. Following the completion of the transaction, the director now owns 691,295,201 shares of the company’s stock, valued at $113,745,712,372.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Thursday, January 18th. The shares were sold at an average price of $164.54, for a total value of $32,070,491.40. Following the transaction, the director now owns 691,295,201 shares in the company, valued at $113,745,712,372.54. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Callie R. Field sold 5,844 shares of the company’s 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 completion of the transaction, the insider now directly owns 102,555 shares in the company, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,689,170 shares of company stock worth $924,847,536. 0.70% of the stock is owned by company insiders.

T-Mobile US Trading Down 0.1 %

Shares of TMUS stock opened at $159.82 on Tuesday. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The firm has a market capitalization of $189.69 billion, a PE ratio of 23.06, a price-to-earnings-growth ratio of 0.65 and a beta of 0.49. The stock has a fifty day moving average of $162.34 and a two-hundred day moving average of $155.74. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The company had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. During the same period in the prior year, the company posted $1.18 earnings per share. The company’s revenue was up 1.0% on a year-over-year basis. As a group, research analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is currently 37.52%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Tigress Financial upped their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Raymond James raised their price objective 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. Royal Bank of Canada reiterated an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a research note on Wednesday, March 20th. Morgan Stanley raised their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Finally, Wells Fargo & Company boosted their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. One 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. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $185.93.

About T-Mobile US

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.