Heritage Investors Management Corp Purchases New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Heritage Investors Management Corp purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 939 shares of the Wireless communications provider’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently modified their holdings of TMUS. PFG Investments LLC increased its stake in shares of T-Mobile US by 16.6% in the 3rd quarter. PFG Investments LLC now owns 1,456 shares of the Wireless communications provider’s stock valued at $301,000 after purchasing an additional 207 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in shares of T-Mobile US in the 3rd quarter valued at about $562,000. Pallas Capital Advisors LLC purchased a new position in shares of T-Mobile US in the 3rd quarter valued at about $205,000. Integrated Advisors Network LLC increased its stake in shares of T-Mobile US by 2.8% in the 3rd quarter. Integrated Advisors Network LLC now owns 4,154 shares of the Wireless communications provider’s stock valued at $857,000 after purchasing an additional 115 shares in the last quarter. Finally, Strategic Blueprint LLC acquired a new stake in T-Mobile US in the 3rd quarter worth about $222,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on TMUS shares. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Bank of America lifted their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, January 30th. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday. Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a report on Wednesday. Finally, Oppenheimer lifted their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $251.79.

T-Mobile US Stock Up 0.2 %

TMUS stock opened at $264.17 on Friday. The firm has a market cap of $301.61 billion, a PE ratio of 27.32, a PEG ratio of 1.55 and a beta of 0.56. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm’s 50 day moving average price is $234.53 and its 200-day moving average price is $223.28. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $273.40.

T-Mobile US (NASDAQ:TMUS) last released its quarterly 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%. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

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.