Jeppson Wealth Management LLC Buys 3,381 Shares of T-Mobile US, Inc. $TMUS

Jeppson Wealth Management LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 270.0% in the 3rd quarter, Holdings Channel reports. The firm owned 4,633 shares of the Wireless communications provider’s stock after purchasing an additional 3,381 shares during the period. Jeppson Wealth Management LLC’s holdings in T-Mobile US were worth $756,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in the stock. Main Street Group LTD acquired a new position in T-Mobile US during the first quarter valued at approximately $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US in the second quarter worth $25,000. Sachetta LLC lifted its stake in shares of T-Mobile US by 52.9% in the first quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock worth $33,000 after buying an additional 55 shares during the last quarter. Dunhill Financial LLC bought a new stake in shares of T-Mobile US during the 2nd quarter worth $27,000. Finally, Cornerstone Planning Group LLC boosted its holdings in shares of T-Mobile US by 112.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 174 shares of the Wireless communications provider’s stock worth $34,000 after buying an additional 92 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Down 1.9%

Shares of TMUS stock opened at $156.09 on Tuesday. T-Mobile US, Inc. has a 12 month low of $147.90 and a 12 month high of $230.54. The firm has a market cap of $167.43 billion, a PE ratio of 16.34, a price-to-earnings-growth ratio of 0.99 and a beta of 0.33. The stock has a 50 day moving average of $172.47 and a 200-day moving average of $181.81. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, beating the consensus estimate of $2.59 by $0.40. The company had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a return on equity of 20.16% and a net margin of 11.45%. T-Mobile US’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.84 earnings per share. On average, equities analysts predict that T-Mobile US, Inc. will post 11.17 EPS for the current year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be given a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a yield of 3.0%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Wednesday, November 25th. T-Mobile US’s payout ratio is presently 42.72%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TMUS. JPMorgan Chase & Co. lowered their target price on shares of T-Mobile US from $275.00 to $260.00 and set an “overweight” rating on the stock in a research note on Monday, September 21st. Wolfe Research reiterated a “peer perform” rating on shares of T-Mobile US in a report on Friday, August 14th. Royal Bank Of Canada cut their target price on shares of T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Barclays decreased their price target on shares of T-Mobile US from $215.00 to $200.00 and set an “overweight” rating for the company in a report on Tuesday, September 29th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of T-Mobile US in a report on Friday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $244.65.

Insider Buying and Selling

In related news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer directly owned 35,118 shares in the company, valued at $6,262,592.94. This represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.32% of the stock is currently owned by insiders.

T-Mobile US Company Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.