3,000 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Cumberland Partners Ltd

Cumberland Partners Ltd bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 3,000 shares of the Wireless communications provider’s stock, valued at approximately $481,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. OLD National Bancorp IN boosted its stake in T-Mobile US by 1.9% in the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock valued at $538,000 after acquiring an additional 62 shares during the period. Whittier Trust Co. of Nevada Inc. grew its position in T-Mobile US by 3.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after buying an additional 66 shares in the last quarter. Transatlantique Private Wealth LLC increased its stake in shares of T-Mobile US by 0.4% during the third quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after acquiring an additional 68 shares during the period. Hohimer Wealth Management LLC lifted its holdings in shares of T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock valued at $1,054,000 after buying an additional 68 shares during the period. Finally, Tranquility Partners LLC boosted its position in shares of T-Mobile US by 1.9% during the 4th quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock valued at $613,000 after purchasing an additional 71 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded up $1.00 during trading hours on Wednesday, hitting $164.25. 2,736,462 shares of the stock were exchanged, compared to its average volume of 4,476,675. The company’s 50 day moving average is $162.33 and its 200 day moving average is $156.71. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64. The firm has a market capitalization of $194.94 billion, a P/E ratio of 23.59, a P/E/G ratio of 0.66 and a beta of 0.49. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing the consensus estimate 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 quarter in the previous year, the business posted $1.18 EPS. The company’s revenue was up 1.0% on a year-over-year basis. On average, research analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.58%. T-Mobile US’s payout ratio is presently 37.52%.

Insider Buying and Selling

In other news, insider Callie R. Field sold 5,844 shares of the stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total transaction of $984,363.36. Following the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the company’s stock in a transaction that occurred 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 sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $163.25, for a total transaction of $31,819,057.50. Following the completion of the transaction, the director now directly owns 690,125,741 shares of the company’s stock, valued at approximately $112,663,027,218.25. The disclosure for this sale can be found here. Insiders sold 5,995,889 shares of company stock worth $972,451,611 in the last 90 days. 0.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of recent research reports. Oppenheimer reiterated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research report on Wednesday, April 3rd. Benchmark reissued a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Friday, January 26th. Morgan Stanley upped their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. Raymond James lifted their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $184.00 price objective on shares of T-Mobile US in a research note on Wednesday, March 20th. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $185.93.

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.