80,052 Shares in T-Mobile US, Inc. $TMUS Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,052 shares of the Wireless communications provider's stock, valued at approximately $13,427,000.

A number of other hedge funds have also made changes to their positions in TMUS. CYBER HORNET ETFs LLC increased its stake in T-Mobile US by 3.8% in the third quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider's stock valued at $316,000 after purchasing an additional 48 shares during the last quarter. Meeder Asset Management Inc. lifted its position in shares of T-Mobile US by 16.2% during the 4th quarter. Meeder Asset Management Inc. now owns 351 shares of the Wireless communications provider's stock worth $71,000 after buying an additional 49 shares during the last quarter. Wellspring Financial Advisors LLC boosted its holdings in shares of T-Mobile US by 4.3% in the 4th quarter. Wellspring Financial Advisors LLC now owns 1,273 shares of the Wireless communications provider's stock valued at $259,000 after buying an additional 52 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in shares of T-Mobile US by 3.5% in the 1st quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider's stock valued at $326,000 after buying an additional 53 shares in the last quarter. Finally, Tcfg Wealth Management LLC grew its position in shares of T-Mobile US by 5.6% in the 3rd quarter. Tcfg Wealth Management LLC now owns 999 shares of the Wireless communications provider's stock valued at $239,000 after buying an additional 53 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

Several brokerages recently commented on TMUS. JPMorgan Chase & Co. reiterated a "buy" rating on shares of T-Mobile US in a research note on Tuesday, May 19th. TD Cowen decreased their price objective on shares of T-Mobile US from $261.00 to $260.00 and set a "buy" rating for the company in a research note on Friday, July 24th. Morgan Stanley decreased their price objective on shares of T-Mobile US from $260.00 to $230.00 and set an "overweight" rating for the company in a research note on Tuesday, July 7th. DZ Bank reaffirmed a "buy" rating on shares of T-Mobile US in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada cut their target price on T-Mobile US from $240.00 to $230.00 and set an "outperform" rating on the stock in a research report on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $252.08.

T-Mobile US Stock Performance

Shares of TMUS opened at $183.04 on Monday. The company's 50 day simple moving average is $181.42 and its 200-day simple moving average is $193.97. The firm has a market cap of $196.34 billion, a PE ratio of 19.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.33. T-Mobile US, Inc. has a 12-month low of $165.66 and a 12-month high of $261.25. 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 (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 EPS for the quarter, beating the consensus estimate of $2.59 by $0.40. The firm had revenue of $22.79 billion during the quarter, compared to the consensus estimate of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. T-Mobile US's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.84 EPS. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.73 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Friday, August 28th will be paid a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. T-Mobile US's payout ratio is currently 42.72%.

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.

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