T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Atomi Financial Group Inc.

Atomi Financial Group Inc. raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 26.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,173 shares of the Wireless communications provider’s stock after acquiring an additional 1,303 shares during the quarter. Atomi Financial Group Inc.’s holdings in T-Mobile US were worth $1,363,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the company. Transform Wealth LLC increased its stake in shares of T-Mobile US by 17.7% in the fourth quarter. Transform Wealth LLC now owns 54,496 shares of the Wireless communications provider’s stock worth $12,029,000 after buying an additional 8,208 shares during the last quarter. Perpetual Ltd grew its holdings in T-Mobile US by 43.1% during the 4th 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. Aspiriant LLC increased its position in shares of T-Mobile US by 20.4% in the 4th quarter. Aspiriant LLC now owns 1,900 shares of the Wireless communications provider’s stock worth $419,000 after purchasing an additional 322 shares during the last quarter. Reliant Investment Management LLC raised its stake in shares of T-Mobile US by 5.0% in the 4th quarter. Reliant Investment Management LLC now owns 24,555 shares of the Wireless communications provider’s stock valued at $5,420,000 after purchasing an additional 1,165 shares in the last quarter. Finally, Atwood & Palmer Inc. lifted its position in shares of T-Mobile US by 24.5% during the fourth quarter. Atwood & Palmer Inc. now owns 335 shares of the Wireless communications provider’s stock worth $74,000 after purchasing an additional 66 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

TMUS has been the topic of several research reports. JPMorgan Chase & Co. upped their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Morgan Stanley began coverage on T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective on the stock. Wells Fargo & Company cut shares of T-Mobile US from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $240.00 to $220.00 in a report on Monday, January 6th. Oppenheimer raised their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, 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. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $245.74.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $219.49 on Wednesday. The stock has a market cap of $254.72 billion, a P/E ratio of 25.03, a P/E/G ratio of 1.09 and a beta of 0.56. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The firm’s 50-day simple moving average is $228.55 and its 200 day simple moving average is $210.98. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The business had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. During the same period last year, the firm posted $1.82 earnings per share. The business’s revenue was up 4.7% on a year-over-year basis. Equities analysts expect that T-Mobile US, Inc. will post 9.3 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is currently 40.14%.

Insider Activity

In other T-Mobile US news, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this link. Also, CFO Peter Osvaldik sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the transaction, the chief financial officer now owns 61,307 shares in the company, valued at approximately $14,318,249.85. This trade represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 164,200 shares of company stock worth $37,407,303. 0.67% of the stock is owned by company insiders.

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.