CSM Advisors LLC Acquires 1,688 Shares of T-Mobile US, Inc. $TMUS

CSM Advisors LLC boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 76,022 shares of the Wireless communications provider’s stock after acquiring an additional 1,688 shares during the quarter. CSM Advisors LLC’s holdings in T-Mobile US were worth $18,114,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in TMUS. Wellington Management Group LLP lifted its holdings in shares of T-Mobile US by 1.7% in the first 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 purchasing an additional 214,224 shares in the last quarter. Canada Pension Plan Investment Board raised its position in T-Mobile US by 14.3% in 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 buying an additional 864,030 shares during the last quarter. Goldman Sachs Group Inc. raised its position in T-Mobile US by 25.4% in 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 buying an additional 844,932 shares during the last quarter. 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 in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings 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 worth $878,925,000 after acquiring an additional 65,394 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total value of $17,520,760.80. Following the sale, the director owned 636,271,724 shares of the company’s stock, valued at $159,621,487,399.88. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold a total of 2,113,221 shares of company stock valued at $506,386,034 in the last three months. 0.37% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada reissued a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Moffett Nathanson increased 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. Benchmark upped their target price on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a report on Friday, October 10th. Raymond James Financial raised T-Mobile US to a “hold” rating in a research report on Wednesday, October 1st. Finally, Williams Trading set a $263.00 price objective on T-Mobile US in a research note on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $266.63.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $207.00 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The stock has a fifty day simple moving average of $230.49 and a two-hundred day simple moving average of $237.05. T-Mobile US, Inc. has a 1-year low of $199.41 and a 1-year high of $276.49. The firm has a market cap of $231.53 billion, a price-to-earnings ratio of 19.90, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.61 EPS. Analysts anticipate 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 announced 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 2.0%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

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.