T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 68.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 4,013 shares of the Wireless communications provider’s stock after acquiring an additional 1,629 shares during the period. Verdence Capital Advisors LLC’s holdings in T-Mobile US were worth $643,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TMUS. Lindbrook Capital LLC boosted its stake in shares of T-Mobile US by 8.1% during the 4th quarter. Lindbrook Capital LLC now owns 5,828 shares of the Wireless communications provider’s stock valued at $934,000 after buying an additional 436 shares during the last quarter. abrdn plc grew its holdings in T-Mobile US by 56.8% during the 4th quarter. abrdn plc now owns 227,905 shares of the Wireless communications provider’s stock worth $36,540,000 after acquiring an additional 82,578 shares in the last quarter. Naples Money Management LLC bought a new stake in shares of T-Mobile US in the 4th quarter worth about $327,000. Knights of Columbus Asset Advisors LLC lifted its position in shares of T-Mobile US by 4.1% during the fourth quarter. Knights of Columbus Asset Advisors LLC now owns 25,353 shares of the Wireless communications provider’s stock worth $4,065,000 after purchasing an additional 1,003 shares during the last quarter. Finally, Ninepoint Partners LP acquired a new position in T-Mobile US in the fourth quarter worth about $670,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the transaction, the director now owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the sale, the director now owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO G Michael Sievert sold 40,000 shares of the business’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 sale, the chief executive officer now directly owns 496,036 shares in the company, valued at $79,886,597.80. The disclosure for this sale can be found here. Insiders sold 5,811,459 shares of company stock valued at $942,634,782 over the last 90 days. 0.70% of the stock is currently owned by corporate insiders.

T-Mobile US Price Performance

Shares of TMUS opened at $162.36 on Tuesday. The firm has a market capitalization of $192.70 billion, a price-to-earnings ratio of 23.43, a price-to-earnings-growth ratio of 0.66 and a beta of 0.49. The stock’s fifty day moving average is $162.30 and its 200-day moving average is $156.54. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91.

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 (EPS) for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter last year, the business earned $1.18 earnings per share. The company’s revenue was up 1.0% on a year-over-year basis. Equities analysts anticipate that T-Mobile US, Inc. will post 8.95 EPS 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. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.60%. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Analysts Set New Price Targets

Several research firms recently issued reports on TMUS. Royal Bank of Canada reissued an “outperform” rating and set a $184.00 price target on shares of T-Mobile US in a research report on Wednesday, March 20th. Wells Fargo & Company raised their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. KeyCorp lowered their price objective on shares of T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday, January 26th. Morgan Stanley raised their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a report on Monday, January 29th. Finally, Citigroup increased their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US presently has an average rating of “Buy” and an average price target of $185.93.

About T-Mobile US

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.