Andre Almeida Acquires 3,808 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Andre Almeida bought 3,808 shares of the company’s stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares in the company, valued at $897,621.76. This represents a ∞ increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

T-Mobile US Trading Down 0.2 %

NASDAQ:TMUS opened at $219.11 on Friday. The firm has a market capitalization of $254.27 billion, a price-to-earnings ratio of 24.98, a PEG ratio of 1.18 and a beta of 0.56. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15. The business’s 50-day moving average price is $231.53 and its two-hundred day moving average price is $207.68. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter last year, the firm earned $1.82 EPS. T-Mobile US’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, equities analysts expect that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is presently 40.14%.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on TMUS. Barclays lifted their price objective on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Citigroup lifted their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Morgan Stanley initiated coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Finally, Bank of America increased their price target on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Five analysts have rated the stock with a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $247.58.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Van ECK Associates Corp raised its holdings in T-Mobile US by 5.3% during the 2nd quarter. Van ECK Associates Corp now owns 21,350 shares of the Wireless communications provider’s stock worth $3,761,000 after buying an additional 1,072 shares during the period. TIAA Trust National Association raised its holdings in shares of T-Mobile US by 4.0% during the second quarter. TIAA Trust National Association now owns 7,006 shares of the Wireless communications provider’s stock worth $1,234,000 after acquiring an additional 271 shares during the period. Founders Financial Securities LLC lifted its position in T-Mobile US by 7.2% in the 2nd quarter. Founders Financial Securities LLC now owns 9,263 shares of the Wireless communications provider’s stock valued at $1,632,000 after acquiring an additional 620 shares in the last quarter. Foundations Investment Advisors LLC lifted its holdings in shares of T-Mobile US by 95.1% in the second quarter. Foundations Investment Advisors LLC now owns 4,027 shares of the Wireless communications provider’s stock valued at $709,000 after purchasing an additional 1,963 shares in the last quarter. Finally, Belpointe Asset Management LLC boosted its position in shares of T-Mobile US by 33.1% during the second quarter. Belpointe Asset Management LLC now owns 10,749 shares of the Wireless communications provider’s stock worth $1,894,000 after buying an additional 2,674 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

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.