Kiley Juergens Wealth Management LLC Invests $1.05 Million in T-Mobile US, Inc. $TMUS

Kiley Juergens Wealth Management LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,003 shares of the Wireless communications provider’s stock, valued at approximately $1,051,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in TMUS. JDM Financial Group LLC increased its holdings in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the period. Swiss RE Ltd. bought a new stake in T-Mobile US in the fourth quarter valued at $29,000. Turning Point Benefit Group Inc. increased its position in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Acumen Wealth Advisors LLC acquired a new position in shares of T-Mobile US in the 4th quarter worth approximately $36,000. Finally, United Community Bank grew its holdings in shares of T-Mobile US by 78.8% during the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on TMUS. Royal Bank Of Canada dropped their price objective on shares of T-Mobile US from $255.00 to $240.00 and set an “outperform” rating for the company in a research report on Wednesday, April 29th. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price target on the stock in a research report on Monday, April 13th. Oppenheimer raised shares of T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 target price for the company in a research note on Wednesday, April 29th. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. Finally, Weiss Ratings downgraded T-Mobile US from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 15th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $258.96.

Read Our Latest Stock Report on TMUS

T-Mobile US Stock Up 3.7%

Shares of T-Mobile US stock traded up $6.72 during trading on Tuesday, reaching $188.51. The stock had a trading volume of 1,301,197 shares, compared to its average volume of 6,003,603. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $204.00 billion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.03 and a beta of 0.33. The stock has a fifty day moving average price of $186.09 and a two-hundred day moving average price of $197.09. T-Mobile US, Inc. has a 52 week low of $165.66 and a 52 week high of $261.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same quarter last year, the firm earned $2.58 EPS. T-Mobile US’s revenue for the quarter was up 10.6% compared to the same quarter last year. Sell-side analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Friday, August 28th. T-Mobile US’s payout ratio is currently 43.40%.

Insider Buying and Selling

In other T-Mobile US news, insider Andre Almeida bought 5,097 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the transaction, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is currently owned by corporate insiders.

T-Mobile US News Roundup

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Company Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

Further Reading

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter.