Woodward Diversified Capital LLC Grows Stake in T-Mobile US, Inc. $TMUS

Woodward Diversified Capital LLC grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 38.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,402 shares of the Wireless communications provider’s stock after purchasing an additional 392 shares during the period. Woodward Diversified Capital LLC’s holdings in T-Mobile US were worth $334,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. QTR Family Wealth LLC purchased a new position in shares of T-Mobile US during the 2nd quarter valued at $218,000. Trust Co. of Vermont grew its position in shares of T-Mobile US by 5.1% during the 2nd quarter. Trust Co. of Vermont now owns 28,991 shares of the Wireless communications provider’s stock valued at $6,907,000 after purchasing an additional 1,417 shares in the last quarter. Bartlett & CO. Wealth Management LLC grew its position in shares of T-Mobile US by 31.7% during the 2nd quarter. Bartlett & CO. Wealth Management LLC now owns 102,941 shares of the Wireless communications provider’s stock valued at $24,527,000 after purchasing an additional 24,770 shares in the last quarter. Loudon Investment Management LLC purchased a new position in shares of T-Mobile US during the 2nd quarter valued at $1,802,000. Finally, Childress Capital Advisors LLC grew its position in shares of T-Mobile US by 7.7% during the 2nd quarter. Childress Capital Advisors LLC now owns 1,206 shares of the Wireless communications provider’s stock valued at $287,000 after purchasing an additional 86 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Trading Down 2.6%

Shares of TMUS stock opened at $233.26 on Thursday. T-Mobile US, Inc. has a 12-month low of $205.39 and a 12-month high of $276.49. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The firm’s 50 day moving average is $245.18 and its 200 day moving average is $244.51. The stock has a market capitalization of $262.52 billion, a P/E ratio of 22.01, a P/E/G ratio of 1.31 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter last year, the company posted $2.49 earnings per share. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be given a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.7%. T-Mobile US’s payout ratio is 33.21%.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director directly owned 647,660,844 shares in the company, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold 2,520,207 shares of company stock valued at $608,126,659 in the last 90 days. 0.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

TMUS has been the subject of a number of recent analyst reports. The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a research report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price target for the company. JPMorgan Chase & Co. raised their price target on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a research note on Monday, July 7th. Redburn Atlantic raised T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target for the company in a research note on Monday, July 7th. Finally, Bank of America assumed coverage on T-Mobile US in a research note on Monday, July 7th. They set a “neutral” rating and a $255.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $262.26.

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.