T-Mobile US, Inc. $TMUS Shares Acquired by Moran Wealth Management LLC

Moran Wealth Management LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 19,239 shares of the Wireless communications provider’s stock after acquiring an additional 73 shares during the period. Moran Wealth Management LLC’s holdings in T-Mobile US were worth $4,584,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of TMUS. GAMMA Investing LLC increased its stake in shares of T-Mobile US by 10.2% during the first quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider’s stock worth $3,054,000 after purchasing an additional 1,059 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its stake in shares of T-Mobile US by 1.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 559,131 shares of the Wireless communications provider’s stock worth $149,126,000 after purchasing an additional 5,957 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in shares of T-Mobile US during the first quarter worth about $1,096,000. Cyndeo Wealth Partners LLC increased its stake in shares of T-Mobile US by 3.6% during the first quarter. Cyndeo Wealth Partners LLC now owns 1,653 shares of the Wireless communications provider’s stock worth $441,000 after purchasing an additional 58 shares in the last quarter. Finally, Mission Wealth Management LP increased its stake in shares of T-Mobile US by 18.0% during the first quarter. Mission Wealth Management LP now owns 10,229 shares of the Wireless communications provider’s stock worth $2,728,000 after purchasing an additional 1,560 shares in 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 64,426 shares of the stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $226.15, for a total value of $14,569,939.90. Following the completion of the sale, the director owned 627,846,473 shares of the company’s stock, valued at $141,987,479,868.95. This represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 2,418,333 shares of company stock valued at $584,293,759. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Stock Up 1.9%

TMUS stock opened at $229.42 on Wednesday. The company has a market cap of $258.19 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 1.54 and a beta of 0.59. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. The firm has a 50-day moving average of $242.85 and a two-hundred day moving average of $242.34.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the prior year, the firm earned $2.49 EPS. T-Mobile US’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, 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 company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. T-Mobile US’s dividend payout ratio is currently 33.21%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. KeyCorp reissued an “underweight” rating and set a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Raymond James Financial raised shares of T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. BNP Paribas Exane boosted their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Finally, Benchmark upped their price objective on shares of T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.13.

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.