Field & Main Bank Increases Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Field & Main Bank raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,807 shares of the Wireless communications provider’s stock after purchasing an additional 600 shares during the period. Field & Main Bank’s holdings in T-Mobile US were worth $2,214,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BluePath Capital Management LLC acquired a new stake in shares of T-Mobile US during the third quarter worth approximately $26,000. Valley National Advisers Inc. increased its position in shares of T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC bought a new stake in T-Mobile US in the fourth quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. lifted its holdings in T-Mobile US by 54.5% during the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ TMUS traded up $0.29 on Monday, reaching $164.25. 3,451,153 shares of the stock traded hands, compared to its average volume of 4,550,997. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. The firm’s fifty day simple moving average is $162.58 and its 200 day simple moving average is $157.34. The company has a market cap of $194.94 billion, a price-to-earnings ratio of 22.35, a P/E/G ratio of 0.67 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the company earned $1.58 earnings per share. T-Mobile US’s revenue was down .2% compared to the same quarter last year. As a group, research analysts predict that T-Mobile US, Inc. will post 8.97 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be given a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.58%. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 189,670 shares of the company’s stock in a transaction on Friday, April 26th. The stock was sold at an average price of $163.26, for a total transaction of $30,965,524.20. Following the completion of the sale, the director now directly owns 678,107,041 shares of the company’s stock, valued at $110,707,755,513.66. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Callie R. Field sold 5,844 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares in the company, valued at $17,274,364.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Friday, April 26th. The shares were sold at an average price of $163.26, for a total value of $30,965,524.20. Following the transaction, the director now owns 678,107,041 shares in the company, valued at approximately $110,707,755,513.66. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 5,985,409 shares of company stock valued at $971,083,803. Corporate insiders own 0.70% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently commented on TMUS. Wells Fargo & Company lifted their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a report on Monday, January 22nd. TD Cowen cut their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday. KeyCorp upped their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Friday. Tigress Financial raised their target price on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Oppenheimer restated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research report on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, T-Mobile US currently has an average rating of “Buy” and an average price target of $186.33.

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.