Benjamin F. Edwards & Company Inc. Increases Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Benjamin F. Edwards & Company Inc. raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 14.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,223 shares of the Wireless communications provider’s stock after purchasing an additional 1,709 shares during the quarter. Benjamin F. Edwards & Company Inc.’s holdings in T-Mobile US were worth $2,121,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BluePath Capital Management LLC purchased a new stake in T-Mobile US in the 3rd quarter worth about $26,000. Valley National Advisers Inc. raised its position in T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the period. Baker Avenue Asset Management LP raised its position in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares during the period. Bay Harbor Wealth Management LLC purchased a new stake in T-Mobile US in the 4th quarter worth about $34,000. Finally, Raleigh Capital Management Inc. raised its position in T-Mobile US by 54.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction on Friday, February 9th. The shares were sold at an average price of $161.38, for a total transaction of $31,454,575.80. Following the completion of the sale, the director now directly owns 688,176,641 shares in the company, valued at $111,057,946,324.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction on Friday, February 9th. The shares were sold at an average price of $161.38, for a total transaction of $31,454,575.80. Following the completion of the transaction, the director now owns 688,176,641 shares of the company’s stock, valued at $111,057,946,324.58. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Teresa Taylor sold 12,022 shares of the firm’s stock in a transaction on Monday, February 5th. The stock was sold at an average price of $161.80, for a total transaction of $1,945,159.60. Following the transaction, the director now directly owns 13,014 shares of the company’s stock, valued at approximately $2,105,665.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 6,359,509 shares of company stock worth $1,033,407,661. Company insiders own 0.70% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the topic of a number of recent analyst reports. KeyCorp increased their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. TD Cowen reduced their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Raymond James raised their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. Wells Fargo & Company raised their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Finally, Benchmark reaffirmed a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Friday, January 26th. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Price Performance

Shares of TMUS opened at $164.60 on Friday. The company has a market cap of $192.89 billion, a price-to-earnings ratio of 22.39, a price-to-earnings-growth ratio of 0.64 and a beta of 0.48. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. The company has a 50 day moving average of $162.69 and a two-hundred day moving average of $157.76.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. T-Mobile US’s revenue was down .2% compared to the same quarter last year. During the same period last year, the firm earned $1.58 earnings per share. As a group, analysts predict that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.58%. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

T-Mobile US 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.