T-Mobile US, Inc. $TMUS Shares Acquired by Quantum Financial Planning Services Inc.

Quantum Financial Planning Services Inc. grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 7.6% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,525 shares of the Wireless communications provider’s stock after acquiring an additional 108 shares during the period. T-Mobile US comprises approximately 0.2% of Quantum Financial Planning Services Inc.’s investment portfolio, making the stock its 28th biggest position. Quantum Financial Planning Services Inc.’s holdings in T-Mobile US were worth $359,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Activest Wealth Management increased its stake in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in shares of T-Mobile US in the 1st quarter valued at approximately $29,000. TCTC Holdings LLC lifted its holdings 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 worth $30,000 after acquiring an additional 77 shares during the last quarter. Missouri Trust & Investment Co boosted its position in shares of T-Mobile US by 807.7% during 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 during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in shares of T-Mobile US during the 1st quarter worth 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 64,426 shares of the firm’s stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $226.17, for a total value of $14,571,228.42. Following the sale, the director directly owned 628,039,751 shares in the company, valued at approximately $142,043,750,483.67. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last quarter, insiders have sold 2,499,001 shares of company stock valued at $602,845,239. 0.37% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TMUS shares. Rothschild & Co Redburn raised shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. Royal Bank Of Canada increased their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research report on Friday, July 25th. Morgan Stanley increased their price objective on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. JPMorgan Chase & Co. increased their price objective on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Finally, The Goldman Sachs Group started coverage on shares of T-Mobile US in a research report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price objective for the company. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average target price of $265.13.

T-Mobile US Price Performance

T-Mobile US stock opened at $228.79 on Friday. The firm has a market cap of $257.48 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59. T-Mobile US, Inc. has a 52-week low of $208.39 and a 52-week high of $276.49. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $243.36 and its two-hundred day moving average is $242.89.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The company had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business earned $2.49 EPS. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a yield of 1.8%. T-Mobile US’s dividend payout ratio (DPR) is currently 33.21%.

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.