T-Mobile US, Inc. $TMUS Shares Acquired by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 196.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,991 shares of the Wireless communications provider’s stock after purchasing an additional 2,644 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in T-Mobile US were worth $955,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock valued at $10,244,764,000 after acquiring an additional 636,192 shares in the last quarter. State Street Corp lifted its holdings in T-Mobile US by 4.5% in the second quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock valued at $5,513,650,000 after acquiring an additional 994,740 shares during the period. Franklin Resources Inc. grew its stake in shares of T-Mobile US by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock worth $1,500,784,000 after purchasing an additional 309,922 shares during the period. Norges Bank purchased a new position in shares of T-Mobile US in the 2nd quarter valued at about $1,477,780,000. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of T-Mobile US by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 3,331,856 shares of the Wireless communications provider’s stock valued at $793,848,000 after purchasing an additional 36,424 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Down 1.5%

TMUS opened at $218.66 on Thursday. The firm has a market cap of $240.93 billion, a P/E ratio of 22.52, a PEG ratio of 1.44 and a beta of 0.44. The business’s fifty day simple moving average is $200.03 and its 200 day simple moving average is $217.54. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $276.49. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. The ex-dividend date is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. T-Mobile US’s payout ratio is 42.02%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research analyst reports. KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price target on the stock in a report on Thursday, February 19th. The Goldman Sachs Group lifted their price objective on T-Mobile US from $233.00 to $254.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Friday, February 13th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $255.00 price target on shares of T-Mobile US in a research note on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $257.09.

Read Our Latest Analysis on TMUS

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Insiders Place Their Bets

In other T-Mobile US news, Director G Michael Sievert sold 80,000 shares of the business’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total value of $17,195,200.00. Following the completion of the transaction, the director directly owned 140,696 shares in the company, valued at approximately $30,241,198.24. The trade was a 36.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Peter Osvaldik sold 27,000 shares of the firm’s stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the sale, the chief financial officer owned 51,573 shares in the company, valued at $11,080,974.78. This trade represents a 34.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 692,300 shares of company stock valued at $150,426,595. 0.37% of the stock is currently owned by insiders.

About T-Mobile US

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

See Also

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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