JSF Financial LLC boosted its stake in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 10.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,287 shares of the Wireless communications provider’s stock after purchasing an additional 516 shares during the quarter. JSF Financial LLC’s holdings in T-Mobile US were worth $1,260,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of the stock. Activest Wealth Management raised its stake in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the period. Godsey & Gibb Inc. increased its holdings in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 60 shares in the last quarter. Missouri Trust & Investment Co increased its holdings in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in T-Mobile US in the 1st quarter valued at $29,000. Finally, TCTC Holdings LLC grew its position in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 77 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
TMUS has been the topic of a number of recent research reports. Bank of America initiated coverage on shares of T-Mobile US in a research note on Monday, July 7th. They issued a “neutral” rating and a $255.00 price objective on the stock. The Goldman Sachs Group assumed coverage on shares of T-Mobile US in a report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 target price on the stock. Royal Bank Of Canada boosted their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a report on Friday, July 25th. Weiss Ratings reissued a “buy (b)” rating on shares of T-Mobile US in a report on Saturday, September 27th. Finally, JPMorgan Chase & Co. lifted their target price on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $262.50.
T-Mobile US Stock Up 0.1%
T-Mobile US stock opened at $230.27 on Friday. T-Mobile US, Inc. has a 1-year low of $206.18 and a 1-year high of $276.49. The firm has a market capitalization of $259.15 billion, a price-to-earnings ratio of 21.72, a P/E/G ratio of 1.27 and a beta of 0.59. 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 has a 50 day simple moving average of $244.56 and a 200 day simple moving average of $243.99.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The firm had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the company earned $2.49 earnings per share. The business’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.
T-Mobile US Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a dividend of $1.02 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is currently 33.21%.
Insider Buying and Selling at T-Mobile US
In other news, Director Telekom Ag Deutsche sold 64,426 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $239.54, for a total transaction of $15,432,604.04. Following the sale, the director directly owned 634,112,640 shares in the company, valued at $151,895,341,785.60. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders sold 2,584,633 shares of company stock worth $623,559,263 in the last quarter. Corporate insiders own 0.37% 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.
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