OneDigital Investment Advisors LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,755 shares of the Wireless communications provider's stock, valued at approximately $1,133,000.
A number of other institutional investors and hedge funds have also bought and sold shares of the company. JDM Financial Group LLC lifted its stake in shares of T-Mobile US by 114.0% in the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 65 shares in the last quarter. Main Street Group LTD bought a new stake in shares of T-Mobile US during the first quarter valued at approximately $25,000. Swiss RE Ltd. purchased a new position in T-Mobile US in the 4th quarter worth approximately $29,000. Turning Point Benefit Group Inc. increased its holdings in shares of T-Mobile US by 3,825.0% in the 4th 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 in the last quarter. Finally, Sachetta LLC raised 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 purchasing an additional 55 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
TMUS has been the subject of several research analyst reports. The Goldman Sachs Group reiterated a "buy" rating on shares of T-Mobile US in a report on Wednesday, April 29th. Barclays decreased their price objective on shares of T-Mobile US from $230.00 to $215.00 and set an "overweight" rating for the company in a report on Friday, July 24th. DZ Bank restated a "buy" rating on shares of T-Mobile US in a report on Wednesday, May 6th. Bank of America raised shares of T-Mobile US from a "neutral" rating to a "buy" rating and set a $220.00 target price for the company in a research report on Monday, July 6th. Finally, Sanford C. Bernstein reiterated a "neutral" rating on shares of T-Mobile US in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $252.08.
View Our Latest Analysis on TMUS
T-Mobile US Trading Down 1.4%
T-Mobile US stock opened at $180.12 on Tuesday. T-Mobile US, Inc. has a 52-week low of $165.66 and a 52-week high of $261.56. The company has a market cap of $193.21 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.03 and a beta of 0.33. The company has a quick ratio of 0.83, a current ratio of 0.92 and a debt-to-equity ratio of 1.48. The business has a 50-day simple moving average of $181.63 and a two-hundred day simple moving average of $194.24.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share for the quarter, topping the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion for the quarter, compared to analysts' expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The business's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.84 EPS. Analysts predict that T-Mobile US, Inc. will post 10.73 EPS for the current year.
T-Mobile US Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be paid a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, August 28th. T-Mobile US's dividend payout ratio (DPR) is currently 42.72%.
Insider Activity
In other news, COO Jon Freier sold 4,799 shares of the business's stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total transaction of $911,810.00. Following the completion of the sale, the chief operating officer owned 217,168 shares of the company's stock, valued at $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 is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% 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.
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