Tilt Investment Management Holdings PBC Takes $333,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Tilt Investment Management Holdings PBC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,079 shares of the Wireless communications provider’s stock, valued at approximately $333,000.

Other hedge funds also recently bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. boosted its position in T-Mobile US by 21.7% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock valued at $129,888,000 after purchasing an additional 180,468 shares in the last quarter. Sei Investments Co. lifted its position in shares of T-Mobile US by 50.6% during the first quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after buying an additional 77,518 shares during the last quarter. Prudential PLC bought a new stake in shares of T-Mobile US in the 1st quarter valued at about $1,649,000. Cetera Investment Advisers grew its position in shares of T-Mobile US by 12.2% in the 1st quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock worth $3,031,000 after buying an additional 2,574 shares during the last quarter. Finally, Sequoia Financial Advisors LLC raised its stake in shares of T-Mobile US by 105.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock worth $487,000 after acquiring an additional 1,951 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the transaction, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total transaction of $6,442,000.00. Following the transaction, the chief executive officer now owns 496,036 shares in the company, valued at $79,886,597.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were 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 directly owns 102,555 shares in the company, valued at $17,274,364.20. The disclosure for this sale can be found here. Insiders sold a total of 5,835,666 shares of company stock worth $947,456,630 in the last three months. Company insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on TMUS. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $184.00 price target on shares of T-Mobile US in a report on Wednesday, March 20th. Oppenheimer restated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a research note on Wednesday, April 3rd. Morgan Stanley upped their target price on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Tigress Financial raised their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Finally, Citigroup upped their price objective on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $185.93.

T-Mobile US Stock Performance

NASDAQ TMUS traded up $0.59 on Thursday, reaching $160.68. 1,782,817 shares of the company’s stock traded hands, compared to its average volume of 4,489,760. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week 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. The firm has a market cap of $190.71 billion, a price-to-earnings ratio of 23.10, a P/E/G ratio of 0.65 and a beta of 0.49. The stock has a 50 day moving average price of $162.28 and a 200-day moving average price of $155.91.

T-Mobile US (NASDAQ:TMUS) last issued 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). The company had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period last year, the firm earned $1.18 EPS. Equities research analysts predict that T-Mobile US, Inc. will post 8.95 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.62%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

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.