Keeler Thomas Management LLC Takes Position in T-Mobile US, Inc. $TMUS

Keeler Thomas Management LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,431 shares of the Wireless communications provider’s stock, valued at approximately $2,009,000. T-Mobile US accounts for approximately 0.9% of Keeler Thomas Management LLC’s portfolio, making the stock its 27th biggest position.

A number of other institutional investors have also modified their holdings of the business. Activest Wealth Management increased its stake in T-Mobile US by 9,400.0% in the 1st 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 during the period. Missouri Trust & Investment Co increased its stake in T-Mobile US by 807.7% in the 2nd 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 during the period. Stone House Investment Management LLC acquired a new position in T-Mobile US in the 1st quarter valued at $29,000. TCTC Holdings LLC increased its stake in T-Mobile US by 208.1% in the 1st 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 during the period. Finally, Tsfg LLC acquired a new position in T-Mobile US in the 1st quarter valued at $47,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TMUS has been the topic of several recent research reports. KeyCorp reissued an “underweight” rating and issued a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Deutsche Bank Aktiengesellschaft boosted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Wolfe Research lowered their price target on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 30th. Arete Research raised shares of T-Mobile US to a “strong-buy” rating in a research note on Tuesday, July 8th. Finally, Rothschild & Co Redburn raised shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $268.22.

T-Mobile US Price Performance

T-Mobile US stock opened at $217.77 on Friday. 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 0.89 and a debt-to-equity ratio of 1.37. The firm’s 50-day simple moving average is $239.30 and its 200 day simple moving average is $240.66. The firm has a market capitalization of $245.08 billion, a PE ratio of 20.94, a P/E/G ratio of 1.51 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. During the same period in the previous year, the firm earned $2.61 EPS. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company 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 $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 dividend on an annualized basis and a yield of 1.9%. T-Mobile US’s payout ratio is currently 39.23%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $250.87, for a total value of $17,520,760.80. Following the transaction, the director directly owned 636,271,724 shares in the company, valued at approximately $159,621,487,399.88. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 2,389,677 shares of company stock valued at $575,795,321. 0.37% of the stock is currently owned by corporate insiders.

About T-Mobile US

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.