T-Mobile US, Inc. $TMUS Shares Acquired by Greystone Financial Group LLC

Greystone Financial Group LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 9.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,212 shares of the Wireless communications provider’s stock after buying an additional 3,449 shares during the quarter. Greystone Financial Group LLC’s holdings in T-Mobile US were worth $7,962,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Legacy Advisors LLC grew its stake in shares of T-Mobile US by 39.7% during the 4th quarter. Legacy Advisors LLC now owns 1,178 shares of the Wireless communications provider’s stock worth $239,000 after purchasing an additional 335 shares during the period. Richards Merrill & Peterson Inc. lifted its stake in shares of T-Mobile US by 18.4% in the fourth quarter. Richards Merrill & Peterson Inc. now owns 6,665 shares of the Wireless communications provider’s stock valued at $1,353,000 after purchasing an additional 1,038 shares during the period. Tred Avon Family Wealth LLC purchased a new stake in T-Mobile US during the fourth quarter worth about $264,000. Revisor Wealth Management LLC purchased a new stake in T-Mobile US during the fourth quarter worth about $208,000. Finally, Family Capital Trust Co grew its position in T-Mobile US by 1,362.5% during the fourth quarter. Family Capital Trust Co now owns 8,892 shares of the Wireless communications provider’s stock worth $1,805,000 after buying an additional 8,284 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity

In other T-Mobile US news, Director G Michael Sievert sold 1,089 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total transaction of $241,594.65. Following the completion of the transaction, the director owned 125,696 shares of the company’s stock, valued at approximately $27,885,657.60. This trade represents a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the transaction, the chief financial officer directly owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 694,134 shares of company stock worth $150,847,799 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TMUS has been the subject of a number of research analyst reports. Wall Street Zen cut shares of T-Mobile US from a “hold” rating to a “sell” rating in a report on Saturday, March 14th. Royal Bank Of Canada decreased their price target on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. JPMorgan Chase & Co. reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective for the company in a report on Wednesday, April 8th. Finally, DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $260.91.

T-Mobile US Stock Up 0.3%

Shares of NASDAQ TMUS opened at $198.36 on Tuesday. The firm’s 50-day moving average is $209.71 and its two-hundred day moving average is $207.12. The company has a market capitalization of $218.56 billion, a PE ratio of 20.43, a price-to-earnings-growth ratio of 1.27 and a beta of 0.43. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $263.79. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th 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, May 29th. T-Mobile US’s dividend payout ratio is 42.02%.

T-Mobile US Profile

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.