Wealthspire Advisors LLC Raises Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Wealthspire Advisors LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,176 shares of the Wireless communications provider’s stock after acquiring an additional 363 shares during the period. Wealthspire Advisors LLC’s holdings in T-Mobile US were worth $2,754,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of TMUS. Pinnacle Wealth Management Advisory Group LLC boosted its holdings in T-Mobile US by 7.3% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,625 shares of the Wireless communications provider’s stock valued at $261,000 after purchasing an additional 111 shares during the last quarter. National Pension Service raised its position in shares of T-Mobile US by 2.2% during the 4th quarter. National Pension Service now owns 1,073,895 shares of the Wireless communications provider’s stock valued at $172,178,000 after buying an additional 23,444 shares during the period. Cullen Frost Bankers Inc. lifted its holdings in T-Mobile US by 9.5% in the fourth quarter. Cullen Frost Bankers Inc. now owns 84,112 shares of the Wireless communications provider’s stock valued at $13,486,000 after acquiring an additional 7,271 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in T-Mobile US by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,029,587 shares of the Wireless communications provider’s stock worth $485,734,000 after acquiring an additional 55,103 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in T-Mobile US by 23.2% during the fourth quarter. Apollon Wealth Management LLC now owns 9,311 shares of the Wireless communications provider’s stock worth $1,493,000 after acquiring an additional 1,754 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.4 %

TMUS traded up $0.64 on Wednesday, hitting $162.83. 4,741,609 shares of the company were exchanged, compared to its average volume of 4,567,134. The firm has a 50-day moving average price of $162.61 and a two-hundred day moving average price of $158.34. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The company has a market cap of $190.81 billion, a price-to-earnings ratio of 22.15, a price-to-earnings-growth ratio of 0.64 and a beta of 0.48.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter last year, the business posted $1.58 EPS. The business’s quarterly revenue was down .2% compared to the same quarter last year. On average, equities analysts predict that T-Mobile US, Inc. will post 9.01 earnings per share for the current year.

T-Mobile US Dividend Announcement

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 issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total transaction of $489,660.00. Following the completion of the transaction, the insider now owns 125,687 shares in the company, valued at $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the sale, the director now owns 676,969,021 shares of the company’s stock, valued at approximately $109,960,078,081.03. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,537,157 shares of company stock valued at $1,062,270,599. Insiders own 0.70% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on TMUS. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. Tigress Financial increased their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Citigroup boosted their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Finally, Raymond James increased their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $186.33.

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.