WBH Advisory Inc. Grows Position in T-Mobile US, Inc. $TMUS

WBH Advisory Inc. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 19.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,959 shares of the Wireless communications provider’s stock after purchasing an additional 488 shares during the period. WBH Advisory Inc.’s holdings in T-Mobile US were worth $705,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Wellington Management Group LLP lifted its stake in T-Mobile US by 1.7% during the 1st quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock valued at $3,426,407,000 after acquiring an additional 214,224 shares during the period. Canada Pension Plan Investment Board lifted its stake in T-Mobile US by 14.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after acquiring an additional 864,030 shares during the period. Goldman Sachs Group Inc. lifted its stake in T-Mobile US by 25.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock valued at $1,112,886,000 after acquiring an additional 844,932 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in T-Mobile US by 4.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,050,797 shares of the Wireless communications provider’s stock valued at $1,080,388,000 after acquiring an additional 169,562 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in T-Mobile US by 2.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,295,432 shares of the Wireless communications provider’s stock valued at $878,925,000 after acquiring an additional 65,394 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction 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 directly owned 646,822,764 shares in the company, valued at approximately $150,470,379,589.32. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have sold 2,343,079 shares of company stock worth $566,860,634 in the last ninety days. Corporate insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on TMUS shares. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research note on Tuesday, September 30th. Moffett Nathanson lifted their price objective on shares of T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research note on Thursday, October 2nd. KeyCorp restated an “underweight” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Scotiabank boosted their target price on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a research note on Wednesday, October 8th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $266.17.

T-Mobile US Stock Performance

TMUS opened at $230.09 on Tuesday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The firm has a fifty day moving average price of $241.58 and a 200 day moving average price of $241.22. T-Mobile US, Inc. has a 1 year low of $208.39 and a 1 year high of $276.49. The stock has a market cap of $258.95 billion, a P/E ratio of 21.71, a P/E/G ratio of 1.57 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The company 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 firm’s revenue for the quarter was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.49 earnings per share. Equities research analysts anticipate 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 disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 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 currently 33.21%.

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.