T-Mobile US, Inc. $TMUS Shares Sold by TFB Advisors LLC

TFB Advisors LLC lowered its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 7.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,263 shares of the Wireless communications provider’s stock after selling 107 shares during the quarter. TFB Advisors LLC’s holdings in T-Mobile US were worth $301,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of TMUS. Activest Wealth Management grew its stake in shares of T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares in the last quarter. Missouri Trust & Investment Co grew its stake in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US in the first quarter valued at about $29,000. TCTC Holdings LLC grew its stake in shares of T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after buying an additional 77 shares in the last quarter. Finally, Tsfg LLC acquired a new stake in T-Mobile US during the 1st quarter valued at approximately $47,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on TMUS. BNP Paribas Exane raised their price objective on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. KeyCorp restated an “underweight” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Benchmark raised their price objective on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Deutsche Bank Aktiengesellschaft raised their price objective on T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Finally, Arete Research upgraded T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $266.17.

Get Our Latest Stock Analysis on TMUS

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Monday, July 28th. The stock was sold at an average price of $238.61, for a total value of $16,664,522.40. Following the completion of the transaction, the director owned 646,613,244 shares in the company, valued at approximately $154,288,386,150.84. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 2,395,091 shares of company stock valued at $578,333,496. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of TMUS opened at $227.40 on Thursday. The firm has a market cap of $255.92 billion, a price-to-earnings ratio of 21.45, a PEG ratio of 1.57 and a beta of 0.59. The stock has a 50 day moving average of $240.64 and a 200-day moving average of $241.04. 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 52 week low of $208.39 and a 52 week high of $276.49.

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

T-Mobile US Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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