Stillwater Capital Advisors LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 0.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 95,248 shares of the Wireless communications provider’s stock after purchasing an additional 880 shares during the quarter. T-Mobile US accounts for about 2.6% of Stillwater Capital Advisors LLC’s holdings, making the stock its 11th biggest holding. Stillwater Capital Advisors LLC’s holdings in T-Mobile US were worth $21,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Oak Ridge Investments LLC lifted its stake in T-Mobile US by 5.7% during the fourth quarter. Oak Ridge Investments LLC now owns 60,315 shares of the Wireless communications provider’s stock worth $13,313,000 after purchasing an additional 3,241 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in T-Mobile US by 5.5% in the 4th quarter. Aaron Wealth Advisors LLC now owns 2,232 shares of the Wireless communications provider’s stock worth $493,000 after buying an additional 116 shares during the last quarter. Whitaker Myers Wealth Managers LTD. purchased a new stake in T-Mobile US in the fourth quarter worth approximately $209,000. Moss Adams Wealth Advisors LLC grew its position in T-Mobile US by 6.2% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 2,197 shares of the Wireless communications provider’s stock valued at $485,000 after acquiring an additional 129 shares during the last quarter. Finally, HB Wealth Management LLC raised its stake in shares of T-Mobile US by 1.9% during the fourth quarter. HB Wealth Management LLC now owns 11,127 shares of the Wireless communications provider’s stock worth $2,456,000 after acquiring an additional 209 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Peter Osvaldik sold 20,000 shares of the firm’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the sale, the chief financial officer now owns 61,307 shares of the company’s stock, valued at approximately $14,318,249.85. This represents a 24.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 164,200 shares of company stock worth $37,407,303 in the last three months. 0.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. TD Cowen upped their price objective on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Scotiabank boosted their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Tigress Financial raised their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. JPMorgan Chase & Co. increased their target price on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Finally, KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research report on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $245.74.

Check Out Our Latest Stock Report on T-Mobile US

T-Mobile US Price Performance

TMUS stock opened at $218.97 on Friday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $248.15. The firm has a 50-day moving average of $228.93 and a 200 day moving average of $210.26. The company has a market cap of $254.11 billion, a P/E ratio of 24.97, a PEG ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company earned $1.82 EPS. The business’s revenue was up 4.7% compared to the same quarter last year. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 9.31 EPS for the current year.

T-Mobile US Dividend Announcement

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

T-Mobile US 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.

See Also

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).

SECFilingChart Stillwater Capital Advisors LLC Raises Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)



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