Ameritas Advisory Services LLC Invests $249,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Ameritas Advisory Services LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 1st quarter, Holdings Channel reports. The firm bought 955 shares of the Wireless communications provider’s stock, valued at approximately $249,000.

A number of other large investors also recently made changes to their positions in TMUS. Norges Bank bought a new stake in shares of T-Mobile US in the fourth quarter valued at about $1,802,393,000. GAMMA Investing LLC raised its stake in T-Mobile US by 29,289.4% in the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock worth $814,416,000 after purchasing an additional 3,043,173 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in T-Mobile US by 85.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares in the last quarter. Raymond James Financial Inc. bought a new stake in T-Mobile US in the 4th quarter valued at about $452,721,000. Finally, Capital International Investors grew its position in shares of T-Mobile US by 36.2% during the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $237.89, for a total value of $16,614,237.60. Following the completion of the transaction, the director owned 647,800,524 shares of the company’s stock, valued at $154,105,266,654.36. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold 628,560 shares of company stock worth $144,455,659 in the last quarter. Insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $240.31 on Friday. The firm’s fifty day moving average price is $238.48 and its two-hundred day moving average price is $243.00. The stock has a market cap of $272.86 billion, a PE ratio of 23.44, a PEG ratio of 1.31 and a beta of 0.62. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter last year, the business posted $2.00 EPS. T-Mobile US’s revenue for the quarter was up 6.6% on a year-over-year basis. On average, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US’s payout ratio is 34.34%.

Analyst Ratings Changes

Several research analysts have recently commented on TMUS shares. Wall Street Zen cut shares of T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Benchmark reaffirmed a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Citigroup downgraded T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. Royal Bank Of Canada raised their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research report on Friday, March 21st. Finally, JPMorgan Chase & Co. boosted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Tuesday, March 18th. Eleven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $257.68.

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.