Field & Main Bank Buys 600 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Field & Main Bank grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,807 shares of the Wireless communications provider’s stock after buying an additional 600 shares during the quarter. Field & Main Bank’s holdings in T-Mobile US were worth $2,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of TMUS. OLD National Bancorp IN raised its position in T-Mobile US by 1.9% in the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock worth $538,000 after acquiring an additional 62 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in T-Mobile US by 3.9% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after purchasing an additional 66 shares in the last quarter. Transatlantique Private Wealth LLC grew its holdings in T-Mobile US by 0.4% during the third quarter. Transatlantique Private Wealth LLC now owns 16,400 shares of the Wireless communications provider’s stock valued at $2,296,000 after purchasing an additional 68 shares during the period. Hohimer Wealth Management LLC increased its position in T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock worth $1,054,000 after buying an additional 68 shares in the last quarter. Finally, Tranquility Partners LLC raised its stake in shares of T-Mobile US by 1.9% in the fourth quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock worth $613,000 after buying an additional 71 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS traded up $0.29 on Monday, reaching $164.25. The company’s stock had a trading volume of 3,451,153 shares, compared to its average volume of 4,550,997. The company has a 50-day simple moving average of $162.58 and a 200 day simple moving average of $157.34. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company has a market cap of $194.94 billion, a P/E ratio of 22.35, a PEG ratio of 0.67 and a beta of 0.49. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 earnings per share. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 8.97 EPS for the current fiscal 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 paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is 35.37%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Benchmark reissued a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Friday, January 26th. Morgan Stanley raised their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. Royal Bank of Canada upped their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday. Citigroup raised their price target on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. Finally, Tigress Financial upped their price objective on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US currently has an average rating of “Buy” and an average price target of $186.33.

Insider Activity

In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total value of $31,458,474.00. Following the completion of the sale, the director now owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the transaction, the insider now owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total transaction of $31,458,474.00. Following the completion of the sale, the director now directly owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 5,985,409 shares of company stock valued at $971,083,803. 0.70% of the stock is currently owned by company insiders.

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.