T-Mobile US, Inc. $TMUS Holdings Raised by SGL Investment Advisors Inc.

SGL Investment Advisors Inc. increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,344 shares of the Wireless communications provider’s stock after purchasing an additional 456 shares during the quarter. SGL Investment Advisors Inc.’s holdings in T-Mobile US were worth $1,025,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Nuveen LLC bought a new position in T-Mobile US during the first quarter valued at approximately $618,248,000. Assenagon Asset Management S.A. raised its stake in shares of T-Mobile US by 518.8% in the second quarter. Assenagon Asset Management S.A. now owns 1,383,922 shares of the Wireless communications provider’s stock valued at $329,733,000 after purchasing an additional 1,160,275 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after purchasing an additional 864,030 shares in the last quarter. Goldman Sachs Group Inc. grew its position in T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock valued at $1,112,886,000 after acquiring an additional 844,932 shares during the period. Finally, Amundi grew its holdings in shares of T-Mobile US by 34.4% during the first quarter. Amundi now owns 3,176,925 shares of the Wireless communications provider’s stock worth $851,066,000 after purchasing an additional 813,331 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TMUS shares. The Goldman Sachs Group assumed coverage on T-Mobile US in a research note on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price target on the stock. Redburn Atlantic upgraded T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target for the company in a research note on Monday, July 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a research note on Saturday, September 27th. Arete Research raised T-Mobile US to a “strong-buy” rating in a report on Tuesday, July 8th. Finally, BNP Paribas Exane lifted their price target on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday. Three analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $264.29.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $244.98, for a total value of $17,109,403.20. Following the completion of the transaction, the director owned 646,683,084 shares of the company’s stock, valued at approximately $158,424,421,918.32. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 2,579,219 shares of company stock worth $621,776,150 in the last ninety days. Company insiders own 0.37% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $224.96 on Tuesday. T-Mobile US, Inc. has a 1-year low of $207.40 and a 1-year high of $276.49. The stock has a fifty day simple moving average of $244.30 and a two-hundred day simple moving average of $243.68. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The firm has a market cap of $253.17 billion, a price-to-earnings ratio of 21.22, a price-to-earnings-growth ratio of 1.27 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the company earned $2.49 earnings per share. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently disclosed 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 a positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. T-Mobile US’s dividend payout ratio (DPR) is currently 38.49%.

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.