Beacon Financial Advisory LLC Invests $1.07 Million in T-Mobile US, Inc. $TMUS

Beacon Financial Advisory LLC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 5,279 shares of the Wireless communications provider’s stock, valued at approximately $1,072,000.

Several other large investors have also recently modified their holdings of the stock. CYBER HORNET ETFs LLC increased its holdings in shares of T-Mobile US by 3.8% in the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock worth $316,000 after buying an additional 48 shares during the period. MJP Associates Inc. ADV increased its holdings in shares of T-Mobile US by 2.7% in the third quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock worth $452,000 after buying an additional 49 shares during the period. Tevis Investment Management increased its holdings in shares of T-Mobile US by 3.0% in the third quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock worth $404,000 after buying an additional 49 shares during the period. Meeder Asset Management Inc. increased its holdings in shares of T-Mobile US by 16.2% in the fourth quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider’s stock worth $71,000 after buying an additional 49 shares during the period. Finally, Meiji Yasuda Life Insurance Co increased its holdings in shares of T-Mobile US by 0.6% in the third quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock worth $1,938,000 after buying an additional 50 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 0.1%

NASDAQ TMUS opened at $188.86 on Tuesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The stock has a market capitalization of $204.38 billion, a PE ratio of 20.09, a PEG ratio of 1.10 and a beta of 0.31. T-Mobile US, Inc. has a 1 year low of $174.02 and a 1 year high of $261.56. The business’s 50-day moving average is $190.75 and its 200 day moving average is $199.51.

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

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 29th were paid a $1.02 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

Analysts Set New Price Targets

Several research analysts have recently commented on TMUS shares. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft decreased their price objective on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a report on Thursday, February 19th. Morgan Stanley started coverage on T-Mobile US in a report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 price objective on the stock. Finally, JPMorgan Chase & Co. reiterated a “buy” rating on shares of T-Mobile US in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.

Read Our Latest Analysis on TMUS

Insider Buying and Selling

In related news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer directly owned 217,168 shares of the company’s stock, valued at $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the sale, the insider directly owned 181,930 shares in the company, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.32% of the stock is owned by insiders.

T-Mobile US 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.

See Also

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)

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