904 Shares in T-Mobile US, Inc. $TMUS Acquired by Copperwynd Financial LLC

Copperwynd Financial LLC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 904 shares of the Wireless communications provider’s stock, valued at approximately $215,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Activest Wealth Management boosted its holdings in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the period. Missouri Trust & Investment Co lifted its stake in T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 105 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in T-Mobile US in the 1st quarter worth approximately $29,000. TCTC Holdings LLC lifted its stake in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after purchasing an additional 77 shares in the last quarter. Finally, Tsfg LLC purchased a new stake in T-Mobile US in the 1st quarter worth approximately $47,000. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on TMUS. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Scotiabank raised their price objective on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research report on Monday. Moffett Nathanson raised 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 report on Thursday, October 2nd. BNP Paribas Exane raised their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday. Finally, Royal Bank Of Canada raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research report on Friday, July 25th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $264.29.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the firm’s stock in a transaction on Monday, October 6th. The shares were sold at an average price of $224.60, for a total value of $14,470,079.60. Following the sale, the director owned 628,168,603 shares of the company’s stock, valued at $141,086,668,233.80. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have sold 2,434,575 shares of company stock valued at $588,274,010. 0.37% of the stock is owned by company insiders.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $226.21 on Friday. The company has a 50-day simple moving average of $243.52 and a two-hundred day simple moving average of $243.23. The company has a quick ratio of 1.13, a current ratio of 1.21 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 market cap of $254.58 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 1.48 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period in the prior year, the business posted $2.49 earnings per share. The company’s revenue was up 6.9% on a year-over-year basis. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a $1.02 dividend. This is a boost 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 dividend on an annualized basis and a yield of 1.8%. T-Mobile US’s payout ratio is 38.49%.

T-Mobile US Company 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.