Metis Global Partners LLC Has $3.94 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Metis Global Partners LLC grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 17,837 shares of the Wireless communications provider’s stock after buying an additional 778 shares during the period. Metis Global Partners LLC’s holdings in T-Mobile US were worth $3,937,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Pallas Capital Advisors LLC bought a new stake in T-Mobile US during the third quarter worth $205,000. Strategic Blueprint LLC acquired a new position in shares of T-Mobile US during the 3rd quarter worth about $222,000. HM Payson & Co. raised its holdings in shares of T-Mobile US by 117.2% in the 3rd quarter. HM Payson & Co. now owns 252 shares of the Wireless communications provider’s stock valued at $52,000 after purchasing an additional 136 shares during the period. Farther Finance Advisors LLC lifted its stake in T-Mobile US by 34.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider’s stock valued at $780,000 after purchasing an additional 974 shares during the last quarter. Finally, Phillips Wealth Planners LLC grew its holdings in T-Mobile US by 21.3% during the third quarter. Phillips Wealth Planners LLC now owns 2,658 shares of the Wireless communications provider’s stock worth $584,000 after purchasing an additional 466 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TMUS shares. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Scotiabank raised their price target on T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday. Oppenheimer increased their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Finally, Sanford C. Bernstein assumed coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price for the company. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Stock Up 2.1 %

Shares of NASDAQ TMUS opened at $269.69 on Friday. The stock has a market capitalization of $307.92 billion, a P/E ratio of 27.89, a PEG ratio of 1.55 and a beta of 0.56. The stock’s fifty day moving average is $235.52 and its 200 day moving average is $223.99. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $273.40. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Andre Almeida purchased 3,808 shares of the firm’s stock in a transaction dated 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 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.67% of the company’s stock.

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.