North Dallas Bank & Trust Co. Invests $590,000 in T-Mobile US, Inc. $TMUS

North Dallas Bank & Trust Co. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,905 shares of the Wireless communications provider’s stock, valued at approximately $590,000.

Several other institutional investors have also added to or reduced their stakes in TMUS. JDM Financial Group LLC boosted its holdings in T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares in the last quarter. Turning Point Benefit Group Inc. raised its position in shares of T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. United Community Bank raised its position in shares of T-Mobile US by 78.8% in the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock valued at $38,000 after purchasing an additional 82 shares during the last quarter. Ares Financial Consulting LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at approximately $38,000. Finally, WHI TRUST Co LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at approximately $41,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wall Street Zen raised shares of T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective for the company in a research report on Monday, April 13th. Morgan Stanley assumed coverage on shares of T-Mobile US in a research report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective for the company. Arete Research increased their price objective on shares of T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. Finally, Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Insiders Place Their Bets

In other news, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, the insider owned 181,930 shares of the company’s stock, valued at $35,623,713.30. This trade represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Andre Almeida acquired 5,097 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were purchased at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the purchase, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.32% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

TMUS opened at $179.46 on Wednesday. T-Mobile US, Inc. has a 12-month low of $174.02 and a 12-month high of $261.56. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The firm has a market capitalization of $194.21 billion, a PE ratio of 19.09, a P/E/G ratio of 1.04 and a beta of 0.31. The firm has a 50 day moving average of $192.36 and a two-hundred day moving average of $200.11.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the firm posted $2.58 EPS. T-Mobile US’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

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.