T-Mobile US, Inc. $TMUS Shares Purchased by Conscious Wealth Investments LLC

Conscious Wealth Investments LLC boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,861 shares of the Wireless communications provider’s stock after acquiring an additional 50 shares during the quarter. T-Mobile US accounts for 2.0% of Conscious Wealth Investments LLC’s portfolio, making the stock its 28th largest position. Conscious Wealth Investments LLC’s holdings in T-Mobile US were worth $3,077,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Hohimer Wealth Management LLC increased its position in 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 acquiring an additional 41 shares during the period. Journey Strategic Wealth LLC boosted its stake in T-Mobile US by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock valued at $273,000 after purchasing an additional 41 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in T-Mobile US by 1.2% during the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock valued at $888,000 after purchasing an additional 41 shares in the last quarter. Weaver Capital Management LLC boosted its stake in T-Mobile US by 0.6% during 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 purchasing an additional 42 shares in the last quarter. Finally, Bank of Stockton boosted its stake in T-Mobile US by 1.2% during the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock valued at $906,000 after purchasing an additional 44 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 1.3%

Shares of TMUS stock opened at $220.68 on Tuesday. The firm has a 50 day moving average price of $238.61 and a two-hundred day moving average price of $240.28. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $248.36 billion, a PE ratio of 21.22, a price-to-earnings-growth ratio of 1.48 and a beta of 0.59. T-Mobile US, Inc. has a 12-month low of $208.39 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. During the same period in the previous year, the business earned $2.61 earnings per share. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. As a group, 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. 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 dividend yield of 1.8%. T-Mobile US’s payout ratio is presently 39.23%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on TMUS shares. Deutsche Bank Aktiengesellschaft raised their target price on T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Raymond James Financial raised T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Wells Fargo & Company raised T-Mobile US from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $250.00 to $260.00 in a research note on Thursday, October 16th. Weiss Ratings restated a “buy (b)” rating on shares of T-Mobile US in a report on Wednesday, October 8th. Finally, Barclays reduced their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $268.22.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 856 shares of the business’s stock in a transaction on Friday, October 24th. The shares were sold at an average price of $220.03, for a total value of $188,345.68. Following the sale, the director owned 582,185,182 shares of the company’s stock, valued at $128,098,205,595.46. The trade was a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold a total of 2,343,114 shares of company stock valued at $564,035,506 over the last quarter. Insiders own 0.37% of the company’s stock.

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.