Signature Estate & Investment Advisors LLC Has $6.41 Million Holdings in T-Mobile US, Inc. $TMUS

Signature Estate & Investment Advisors LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 26,891 shares of the Wireless communications provider’s stock after purchasing an additional 171 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in T-Mobile US were worth $6,407,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Hohimer Wealth Management LLC boosted its holdings in shares of T-Mobile US by 2.3% in the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock valued at $480,000 after buying an additional 41 shares during the last quarter. Journey Strategic Wealth LLC boosted its holdings in shares of T-Mobile US by 4.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock valued at $273,000 after buying an additional 41 shares during the last quarter. Angeles Wealth Management LLC boosted its holdings in shares of T-Mobile US by 1.2% in the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock valued at $888,000 after buying an additional 41 shares during the last quarter. Weaver Capital Management LLC boosted its holdings in shares of T-Mobile US by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock valued at $1,605,000 after buying an additional 42 shares during the last quarter. Finally, Bank of Stockton boosted its holdings in shares of T-Mobile US by 1.2% in the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock valued at $906,000 after buying an additional 44 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $232.63, for a total value of $16,246,879.20. Following 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 2,412,919 shares of company stock valued at $583,104,022 in the last quarter. Insiders own 0.37% of the company’s stock.

T-Mobile US Stock Up 1.3%

Shares of NASDAQ TMUS opened at $229.33 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. T-Mobile US, Inc. has a 52 week low of $208.39 and a 52 week high of $276.49. The stock has a market capitalization of $258.09 billion, a P/E ratio of 21.63, a PEG ratio of 1.57 and a beta of 0.59. The stock’s fifty day moving average is $241.95 and its 200 day moving average is $241.53.

T-Mobile US (NASDAQ:TMUS) last issued 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 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 business earned $2.49 earnings per share. T-Mobile US’s revenue was up 6.9% on a year-over-year basis. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced 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. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is presently 38.49%.

Analyst Ratings Changes

Several equities research analysts have issued reports on TMUS shares. Arete Research raised T-Mobile US to a “strong-buy” rating in a report on Tuesday, July 8th. Morgan Stanley lifted their target price on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a report on Thursday, July 24th. Wells Fargo & Company raised T-Mobile US from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $250.00 to $260.00 in a report on Thursday. Deutsche Bank Aktiengesellschaft lifted their target price on T-Mobile US from $280.00 to $300.00 in a report on Thursday, October 2nd. Finally, Redburn Atlantic raised T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 target price for the company in a report on Monday, July 7th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $266.17.

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.