Community Bank & Trust Waco Texas Purchases New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Community Bank & Trust Waco Texas acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 4,776 shares of the Wireless communications provider’s stock, valued at approximately $766,000.

Other hedge funds have also recently added to or reduced their stakes in the company. BluePath Capital Management LLC acquired a new stake in T-Mobile US during the 3rd quarter worth approximately $26,000. Valley National Advisers Inc. lifted its position in shares of T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the period. Baker Avenue Asset Management LP boosted its position in T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC bought a new stake in shares of T-Mobile US during the 4th quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. grew its stake in T-Mobile US by 54.5% during the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $0.21 during trading hours on Wednesday, hitting $163.46. 1,218,499 shares of the company’s stock traded hands, compared to its average volume of 4,459,192. The firm has a market cap of $194.01 billion, a P/E ratio of 23.45, a P/E/G ratio of 0.66 and a beta of 0.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The business’s fifty day simple moving average is $162.33 and its two-hundred day simple moving average is $156.71. 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 announced its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $19.67 billion. During the same period in the prior year, the business earned $1.18 earnings per share. The company’s revenue for the quarter was up 1.0% compared to the same quarter last year. On average, research analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared 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. The ex-dividend date is Friday, May 31st. This represents a $2.60 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s payout ratio is 37.52%.

Analyst Ratings Changes

TMUS has been the topic of a number of research analyst reports. Citigroup increased their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a report on Monday, March 25th. Oppenheimer restated an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Morgan Stanley upped their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. Benchmark restated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research note 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 research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $185.93.

Insiders Place Their Bets

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the business’s 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 sale, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total transaction of $984,363.36. Following the completion of the transaction, the insider now owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 194,910 shares of the business’s stock in a transaction on Friday, January 26th. The shares were sold at an average price of $163.25, for a total transaction of $31,819,057.50. Following the transaction, the director now directly owns 690,125,741 shares in the company, valued at $112,663,027,218.25. The disclosure for this sale can be found here. Insiders sold a total of 5,995,889 shares of company stock valued at $972,451,611 over the last 90 days. Insiders own 0.70% of the company’s stock.

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.