T-Mobile US, Inc. $TMUS Shares Purchased by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 26.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,607 shares of the Wireless communications provider’s stock after acquiring an additional 337 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in T-Mobile US were worth $383,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Activest Wealth Management boosted its position in T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 94 shares during the last quarter. Stone House Investment Management LLC purchased a new position in T-Mobile US during the first quarter worth about $29,000. TCTC Holdings LLC raised its stake in T-Mobile US by 208.1% during the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after purchasing an additional 77 shares during the period. Missouri Trust & Investment Co raised its stake in 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 worth $28,000 after purchasing an additional 105 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in T-Mobile US during the first quarter worth about $47,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

T-Mobile US stock opened at $228.79 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The company has a market capitalization of $257.48 billion, a price-to-earnings ratio of 21.58, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59. The company’s 50 day simple moving average is $243.36 and its 200-day simple moving average is $242.89. T-Mobile US, Inc. has a 1 year low of $208.39 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.49 earnings per share. As a group, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.8%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is presently 33.21%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the completion of the transaction, the director owned 646,822,764 shares in the company, valued at $150,470,379,589.32. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last ninety days, insiders have sold 2,499,001 shares of company stock worth $602,845,239. Insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Arete Research raised shares of T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. Raymond James Financial raised shares of T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of T-Mobile US in a research note on Wednesday. Finally, Scotiabank lifted their target price on shares of T-Mobile US from $271.50 to $278.00 and gave the stock a “sector outperform” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $265.13.

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.