Union Bancaire Privee UBP SA Buys New Shares in T-Mobile US, Inc. (NASDAQ:TMUS)

Union Bancaire Privee UBP SA bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, HoldingsChannel.com reports. The fund bought 3,697 shares of the Wireless communications provider’s stock, valued at approximately $813,000.

Several other hedge funds have also recently made changes to their positions in the company. World Equity Group Inc. acquired a new position in shares of T-Mobile US in the 4th quarter valued at $292,000. Delta Financial Group Inc. acquired a new position in shares of T-Mobile US in the 4th quarter valued at $379,000. MONECO Advisors LLC increased its position in shares of T-Mobile US by 3.1% in the 4th quarter. MONECO Advisors LLC now owns 2,432 shares of the Wireless communications provider’s stock valued at $537,000 after acquiring an additional 72 shares during the period. Howard Capital Management Inc. increased its position in shares of T-Mobile US by 2.9% in the 4th quarter. Howard Capital Management Inc. now owns 14,991 shares of the Wireless communications provider’s stock valued at $3,309,000 after acquiring an additional 426 shares during the period. Finally, Pinnacle Financial Partners Inc increased its position in shares of T-Mobile US by 2.8% in the 4th quarter. Pinnacle Financial Partners Inc now owns 72,206 shares of the Wireless communications provider’s stock valued at $15,938,000 after acquiring an additional 1,947 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Up 1.1 %

Shares of T-Mobile US stock opened at $268.13 on Tuesday. The firm has a market capitalization of $306.14 billion, a PE ratio of 27.73, a P/E/G ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $273.40. The firm’s 50-day moving average price is $231.76 and its 200 day moving average price is $222.17. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andre Almeida bought 3,808 shares of the firm’s stock in a transaction on Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on TMUS. Bank of America increased their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Benchmark reaffirmed a “buy” rating and set a $255.00 price target on shares of T-Mobile US in a research report on Tuesday, January 28th. Tigress Financial increased their price target on T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday, February 6th. Scotiabank increased their price target on T-Mobile US from $234.00 to $247.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Finally, KeyCorp downgraded 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 investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $251.79.

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.