Avior Wealth Management LLC Has $260,000 Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Avior Wealth Management LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 84.1% in the fourth quarter, HoldingsChannel reports. The fund owned 1,622 shares of the Wireless communications provider’s stock after acquiring an additional 741 shares during the period. Avior Wealth Management LLC’s holdings in T-Mobile US were worth $260,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of TMUS. Norges Bank acquired a new position in T-Mobile US during the 4th quarter worth approximately $2,801,442,000. Clearbridge Investments LLC boosted its holdings in shares of T-Mobile US by 243.9% in the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock valued at $409,040,000 after buying an additional 2,071,489 shares during the last quarter. Morgan Stanley boosted its holdings in shares of T-Mobile US by 18.8% in the 4th quarter. Morgan Stanley now owns 10,984,556 shares of the Wireless communications provider’s stock valued at $1,537,838,000 after buying an additional 1,742,108 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in shares of T-Mobile US by 90.5% in the 3rd quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock valued at $350,983,000 after buying an additional 1,190,813 shares during the last quarter. Finally, Third Point LLC acquired a new stake in shares of T-Mobile US in the 3rd quarter valued at approximately $140,050,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.9 %

TMUS stock opened at $162.33 on Friday. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.91 and a quick ratio of 0.83. The stock has a market capitalization of $192.66 billion, a price-to-earnings ratio of 23.42, a PEG ratio of 0.65 and a beta of 0.49. The business’s fifty day moving average price is $162.28 and its two-hundred day moving average price is $156.10. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). The firm had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.18 EPS. On average, equities analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be given a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is 37.52%.

Insiders Place Their Bets

In related news, insider Michael J. Katz sold 6,655 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $161.23, for a total value of $1,072,985.65. Following the transaction, the insider now owns 126,616 shares in the company, valued at $20,414,297.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Michael J. Katz sold 6,655 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $161.23, for a total value of $1,072,985.65. Following the transaction, the insider now owns 126,616 shares in the company, valued at $20,414,297.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO G Michael Sievert sold 40,000 shares of the firm’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total value of $6,442,000.00. Following the completion of the transaction, the chief executive officer now owns 496,036 shares in the company, valued at approximately $79,886,597.80. The disclosure for this sale can be found here. Insiders have sold 6,006,369 shares of company stock worth $974,765,696 in the last 90 days. Company insiders own 0.70% of the company’s stock.

Analyst Ratings Changes

TMUS has been the subject of several recent analyst reports. Royal Bank of Canada reissued an “outperform” rating and issued a $184.00 price objective on shares of T-Mobile US in a report on Wednesday, March 20th. Morgan Stanley increased their price objective on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. Tigress Financial increased their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Benchmark reissued a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Friday, January 26th. Finally, KeyCorp dropped their price target on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. One analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $185.93.

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.