Focus Partners Advisor Solutions LLC Invests $1.79 Million in T-Mobile US, Inc. $TMUS

Focus Partners Advisor Solutions LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 10,660 shares of the Wireless communications provider’s stock, valued at approximately $1,788,000.

A number of other large investors also recently modified their holdings of TMUS. Main Street Group LTD purchased a new stake in T-Mobile US in the 1st quarter worth approximately $25,000. JDM Financial Group LLC boosted its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 65 shares during the period. Swiss RE Ltd. purchased a new position in shares of T-Mobile US during the 4th quarter valued at $29,000. Turning Point Benefit Group Inc. increased its holdings in shares of T-Mobile US by 3,825.0% in the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares during the period. Finally, Sachetta LLC increased its holdings 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 purchasing an additional 55 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $182.61 on Friday. The firm has a market capitalization of $195.88 billion, a PE ratio of 19.12, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. The company has a current ratio of 0.92, a quick ratio of 0.83 and a debt-to-equity ratio of 1.48. T-Mobile US, Inc. has a 12 month low of $165.66 and a 12 month high of $261.56. The business’s 50-day moving average price is $181.60 and its 200-day moving average price is $194.23.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping analysts’ consensus estimates of $2.59 by $0.40. The company had revenue of $22.79 billion during the quarter, compared to the consensus estimate 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 quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.84 EPS. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.73 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is 42.72%.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a research note on Wednesday, April 22nd. Wells Fargo & Company decreased their target price on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. The Goldman Sachs Group reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft dropped their price target on T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. Finally, KeyCorp cut their price objective on T-Mobile US from $260.00 to $250.00 and set an “overweight” rating for the company in a report on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $252.08.

Insider Buying and Selling at T-Mobile US

In other news, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the sale, the chief operating officer directly owned 217,168 shares in the company, valued at approximately $41,261,920. The trade was a 2.16% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.32% of the company’s stock.

T-Mobile US Profile

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.