Sigma Planning Corp Acquires 324 Shares of T-Mobile US, Inc. $TMUS

Sigma Planning Corp raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 11,192 shares of the Wireless communications provider’s stock after buying an additional 324 shares during the quarter. Sigma Planning Corp’s holdings in T-Mobile US were worth $2,667,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Activest Wealth Management lifted its stake in shares of 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 valued at $25,000 after purchasing an additional 94 shares during the period. Missouri Trust & Investment Co lifted its stake in shares of 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 valued at $28,000 after purchasing an additional 105 shares during the period. Stone House Investment Management LLC purchased a new position in shares of T-Mobile US in the 1st quarter valued at approximately $29,000. TCTC Holdings LLC lifted its stake in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 77 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of T-Mobile US in the 1st quarter valued at approximately $47,000. Hedge funds and other institutional investors 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 on Thursday, August 14th. The stock was sold at an average price of $250.87, for a total value of $17,520,760.80. Following the completion of the transaction, the director owned 636,271,724 shares in the company, 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 Securities & Exchange Commission, which is available through this link. Insiders sold a total of 2,183,061 shares of company stock valued at $523,510,104 in the last three months. 0.37% of the stock is owned by insiders.

T-Mobile US Trading Up 1.5%

T-Mobile US stock opened at $206.29 on Wednesday. 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 business’s fifty day simple moving average is $233.31 and its two-hundred day simple moving average is $238.01. T-Mobile US, Inc. has a 12 month low of $202.73 and a 12 month high of $276.49. The company has a market capitalization of $230.74 billion, a price-to-earnings ratio of 19.84, a price-to-earnings-growth ratio of 1.51 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same quarter in the previous year, the business earned $2.61 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm 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 an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio (DPR) is presently 39.23%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Cowen restated a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. Benchmark upped their price target on T-Mobile US from $275.00 to $295.00 and gave the stock a “buy” rating in a research note on Friday, October 10th. KeyCorp restated an “underweight” rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Barclays dropped their target price on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. Finally, Daiwa Capital Markets dropped their target price on T-Mobile US from $240.00 to $230.00 and set a “neutral” rating on the stock in a report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $266.63.

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.