T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by PDS Planning Inc

PDS Planning Inc grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 12.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,707 shares of the Wireless communications provider’s stock after acquiring an additional 310 shares during the period. PDS Planning Inc’s holdings in T-Mobile US were worth $722,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Avantax Advisory Services Inc. lifted its stake in shares of T-Mobile US by 5.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider’s stock worth $8,272,000 after purchasing an additional 1,859 shares in the last quarter. Burling Wealth Partners LLC purchased a new stake in shares of T-Mobile US during the 4th quarter valued at about $2,539,000. Mizuho Securities USA LLC raised its holdings in shares of T-Mobile US by 45.4% during the 4th quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider’s stock valued at $10,197,000 after buying an additional 14,418 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of T-Mobile US during the 4th quarter valued at about $452,721,000. Finally, GC Wealth Management RIA LLC raised its holdings in shares of T-Mobile US by 14.3% during the 4th quarter. GC Wealth Management RIA LLC now owns 12,703 shares of the Wireless communications provider’s stock valued at $2,804,000 after buying an additional 1,592 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Wednesday, June 18th. The stock was sold at an average price of $221.67, for a total value of $15,481,432.80. Following the sale, the director now directly owns 648,429,084 shares of the company’s stock, valued at $143,737,275,050.28. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 419,040 shares of company stock worth $94,880,434 over the last ninety days. Company insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on TMUS shares. Royal Bank Of Canada raised their target price on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, March 21st. JPMorgan Chase & Co. boosted their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. Benchmark reiterated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Tigress Financial boosted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a report on Tuesday, April 29th. Finally, Scotiabank upgraded shares of T-Mobile US from a “sector perform” rating to a “sector outperform” rating and boosted their price objective for the stock from $275.00 to $277.50 in a report on Wednesday, April 30th. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $257.68.

T-Mobile US Stock Performance

Shares of TMUS opened at $231.42 on Friday. The stock has a market capitalization of $262.76 billion, a PE ratio of 22.58, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64. The business’s fifty day moving average price is $240.54 and its 200 day moving average price is $242.79. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a 12-month low of $173.74 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the firm posted $2.00 EPS. The company’s revenue for the quarter was up 6.6% on a year-over-year basis. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.52%. T-Mobile US’s dividend payout ratio is currently 34.34%.

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.