Andre Almeida Buys 3,808 Shares of T-Mobile US, Inc. (NASDAQ:TMUS) Stock

T-Mobile US, Inc. (NASDAQ:TMUS) Director Andre Almeida purchased 3,808 shares of the business’s stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

T-Mobile US Stock Down 0.2 %

Shares of NASDAQ:TMUS traded down $0.42 during midday trading on Friday, hitting $219.11. 2,699,509 shares of the company’s stock traded hands, compared to its average volume of 2,774,081. The firm’s fifty day moving average price is $231.67 and its two-hundred day moving average price is $207.39. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a market cap of $254.27 billion, a PE ratio of 24.98, a P/E/G ratio of 1.18 and a beta of 0.53.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the previous year, the firm posted $1.82 earnings per share. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. The Goldman Sachs Group lifted their price objective on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. TD Cowen boosted 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 report on Thursday, October 24th. JPMorgan Chase & Co. raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Evercore ISI increased their price target on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, Bank of America lifted their price objective on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $247.58.

Hedge Funds Weigh In On T-Mobile US

Institutional investors have recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its stake in T-Mobile US by 5.3% during the 2nd quarter. Van ECK Associates Corp now owns 21,350 shares of the Wireless communications provider’s stock valued at $3,761,000 after purchasing an additional 1,072 shares in the last quarter. TIAA Trust National Association increased its stake in shares of T-Mobile US by 4.0% in the second quarter. TIAA Trust National Association now owns 7,006 shares of the Wireless communications provider’s stock worth $1,234,000 after buying an additional 271 shares during the last quarter. Founders Financial Securities LLC boosted its stake in T-Mobile US by 7.2% during the 2nd quarter. Founders Financial Securities LLC now owns 9,263 shares of the Wireless communications provider’s stock valued at $1,632,000 after acquiring an additional 620 shares during the last quarter. Foundations Investment Advisors LLC grew its holdings in T-Mobile US by 95.1% during the 2nd quarter. Foundations Investment Advisors LLC now owns 4,027 shares of the Wireless communications provider’s stock worth $709,000 after acquiring an additional 1,963 shares in the last quarter. Finally, Belpointe Asset Management LLC increased its position in shares of T-Mobile US by 33.1% in the 2nd quarter. Belpointe Asset Management LLC now owns 10,749 shares of the Wireless communications provider’s stock worth $1,894,000 after purchasing an additional 2,674 shares during the last quarter. Institutional investors and hedge funds own 42.49% 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.