Caldwell Trust Co Makes New $4.79 Million Investment in T-Mobile US, Inc. $TMUS

Caldwell Trust Co bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 20,119 shares of the Wireless communications provider’s stock, valued at approximately $4,794,000.

Other large investors have also made changes to their positions in the company. Activest Wealth Management raised its stake in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the last quarter. Howard Hughes Medical Institute bought a new position in shares of T-Mobile US during the second quarter worth $25,000. Missouri Trust & Investment Co grew its holdings in shares of T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Aspect Partners LLC increased its position in shares of T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after buying an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust acquired a new stake in T-Mobile US during the 2nd quarter worth $31,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the topic of several recent analyst reports. Cowen reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Barclays dropped their price objective on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Finally, Morgan Stanley dropped their price target on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a research note on Wednesday, December 10th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $263.71.

Get Our Latest Stock Analysis on T-Mobile US

T-Mobile US Stock Down 0.1%

T-Mobile US stock opened at $195.16 on Monday. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. T-Mobile US, Inc. has a 1-year low of $194.01 and a 1-year high of $276.49. The company has a fifty day simple moving average of $213.74 and a 200 day simple moving average of $230.54. The company has a market cap of $218.29 billion, a P/E ratio of 18.77, a price-to-earnings-growth ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.61 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, February 27th. T-Mobile US’s payout ratio is presently 39.23%.

Insider Buying and Selling

In other T-Mobile US news, Director G Michael Sievert sold 22,500 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the transaction, the director directly owned 308,696 shares in the company, valued at $66,977,771.12. The trade was a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total transaction of $302,912.04. Following the completion of the transaction, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This represents a 0.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,172,720 shares of company stock worth $269,482,868 in the last 90 days. 0.37% of the stock is owned by corporate insiders.

T-Mobile US Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.