804 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Purchased by Baugh & Associates LLC

Baugh & Associates LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the 1st quarter, according to its most recent disclosure with the SEC. The fund bought 804 shares of the Wireless communications provider’s stock, valued at approximately $214,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of TMUS. Avantax Advisory Services Inc. boosted its holdings in T-Mobile US by 5.2% in the fourth quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider’s stock valued at $8,272,000 after purchasing an additional 1,859 shares during the period. Burling Wealth Partners LLC acquired a new stake in T-Mobile US in the fourth quarter valued at approximately $2,539,000. Mizuho Securities USA LLC lifted its stake in T-Mobile US by 45.4% in the fourth quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider’s stock worth $10,197,000 after acquiring an additional 14,418 shares during the last quarter. Raymond James Financial Inc. acquired a new position in T-Mobile US during the 4th quarter worth approximately $452,721,000. Finally, GC Wealth Management RIA LLC increased its position in shares of T-Mobile US by 14.3% in the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider’s stock valued at $2,804,000 after purchasing an additional 1,592 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on TMUS shares. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Benchmark reiterated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Wall Street Zen downgraded T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, UBS Group cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $257.68.

T-Mobile US Trading Up 0.5%

Shares of T-Mobile US stock opened at $230.90 on Thursday. The firm has a market cap of $262.17 billion, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. T-Mobile US, Inc. has a 52-week low of $173.74 and a 52-week high of $276.49. The company’s 50-day simple moving average is $241.15 and its 200-day simple moving average is $242.77. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.00 EPS. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.52%. T-Mobile US’s payout ratio is currently 34.34%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $228.75, for a total transaction of $15,975,900.00. Following the sale, the director now owns 588,413,779 shares of the company’s stock, valued at approximately $134,599,651,946.25. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold 419,040 shares of company stock worth $94,880,434 in the last 90 days. 0.37% of the stock is currently owned by corporate insiders.

About T-Mobile US

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.