Simon Quick Advisors LLC Grows Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Simon Quick Advisors LLC grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,309 shares of the Wireless communications provider’s stock after buying an additional 283 shares during the quarter. Simon Quick Advisors LLC’s holdings in T-Mobile US were worth $730,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Aspire Private Capital LLC boosted its holdings in shares of T-Mobile US by 3.2% in the 4th quarter. Aspire Private Capital LLC now owns 4,665 shares of the Wireless communications provider’s stock worth $1,030,000 after purchasing an additional 144 shares in the last quarter. Mitsubishi UFJ Asset Management UK Ltd. bought a new stake in T-Mobile US in the 4th quarter worth approximately $552,000. Atomi Financial Group Inc. boosted its stake in T-Mobile US by 26.8% in the fourth quarter. Atomi Financial Group Inc. now owns 6,173 shares of the Wireless communications provider’s stock worth $1,363,000 after buying an additional 1,303 shares in the last quarter. Transform Wealth LLC grew its position in T-Mobile US by 17.7% during the fourth quarter. Transform Wealth LLC now owns 54,496 shares of the Wireless communications provider’s stock valued at $12,029,000 after acquiring an additional 8,208 shares during the last quarter. Finally, Perpetual Ltd raised its stake in shares of T-Mobile US by 43.1% during the fourth quarter. Perpetual Ltd now owns 7,386 shares of the Wireless communications provider’s stock worth $1,630,000 after acquiring an additional 2,226 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In related news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the sale, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,200 shares of company stock valued at $37,407,303. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

TMUS stock opened at $218.18 on Thursday. 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 $228.16 and a 200 day moving average of $211.26. The company has a market cap of $253.20 billion, a P/E ratio of 24.88, a PEG ratio of 1.09 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) 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. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.82 EPS. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on TMUS shares. Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective for the company. TD Cowen raised their price objective on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada downgraded T-Mobile US from an “outperform” rating to a “sector perform” rating and decreased their price objective for the stock from $255.00 to $240.00 in a report on Monday, January 6th. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Finally, Daiwa America raised T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Seven research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $245.74.

T-Mobile US 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.