T-Mobile US, Inc. $TMUS Shares Purchased by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 202.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 169,532 shares of the Wireless communications provider’s stock after purchasing an additional 113,471 shares during the quarter. Jefferies Financial Group Inc.’s holdings in T-Mobile US were worth $34,422,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. CYBER HORNET ETFs LLC lifted its position in T-Mobile US by 3.8% in the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after purchasing an additional 48 shares during the period. Appleton Partners Inc. MA lifted its position in T-Mobile US by 5.3% in the third quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock worth $232,000 after purchasing an additional 49 shares during the period. MJP Associates Inc. ADV lifted its position in T-Mobile US by 2.7% in the third quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock worth $452,000 after purchasing an additional 49 shares during the period. Tevis Investment Management lifted its position in T-Mobile US by 3.0% in the third quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock worth $404,000 after purchasing an additional 49 shares during the period. Finally, Meiji Yasuda Life Insurance Co lifted its position in T-Mobile US by 0.6% in the third quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock worth $1,938,000 after purchasing an additional 50 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TMUS shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. Wells Fargo & Company upped their price target on T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, February 13th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Wolfe Research reaffirmed an “outperform” rating and issued a $255.00 price target on shares of T-Mobile US in a report on Thursday, February 12th. Finally, DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.48.

T-Mobile US Price Performance

NASDAQ TMUS opened at $191.47 on Friday. The stock has a market capitalization of $207.21 billion, a P/E ratio of 20.37, a P/E/G ratio of 1.11 and a beta of 0.33. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $261.56. The business’s fifty day moving average is $198.67 and its two-hundred day moving average is $202.24. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.01 by $0.26. The company had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.58 EPS. On average, research analysts forecast that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 3,291 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the sale, the director owned 1,038 shares of the company’s stock, valued at $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Mark Wolfe Nelson sold 2,329 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total value of $517,923.02. Following the completion of the sale, the insider directly owned 65,677 shares of the company’s stock, valued at approximately $14,605,251.26. This trade represents a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 25,620 shares of company stock valued at $5,527,602 over the last quarter. 0.37% of the stock is owned by insiders.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.