T-Mobile US, Inc. $TMUS Shares Purchased by Advisors Asset Management Inc.

Key Points

• Advisors Asset Management Inc. increased its holdings in T-Mobile US by 7.2%, owning 147,639 shares worth approximately $39.38 million, making it the 13th largest position in their portfolio.
• T-Mobile US reported a quarterly earnings per share of $2.84, surpassing estimates and reflecting a 6.9% year-over-year revenue growth to $21.13 billion.
• The company declared a quarterly dividend of $0.88 per share, indicating a 1.4% dividend yield and a payout ratio of 33.21%.

Advisors Asset Management Inc. lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 7.2% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 147,639 shares of the Wireless communications provider's stock after acquiring an additional 9,970 shares during the quarter. T-Mobile US comprises approximately 0.7% of Advisors Asset Management Inc.'s holdings, making the stock its 13th biggest holding. Advisors Asset Management Inc.'s holdings in T-Mobile US were worth $39,377,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. Ancora Advisors LLC lifted its holdings in shares of T-Mobile US by 16.6% during the 4th quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock valued at $57,000 after acquiring an additional 37 shares in the last quarter. Baird Financial Group Inc. lifted its holdings in shares of T-Mobile US by 4.9% during the 4th quarter. Baird Financial Group Inc. now owns 146,750 shares of the Wireless communications provider's stock valued at $32,392,000 after acquiring an additional 6,839 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at $343,000. Captrust Financial Advisors lifted its holdings in shares of T-Mobile US by 2.6% during the 4th quarter. Captrust Financial Advisors now owns 56,876 shares of the Wireless communications provider's stock valued at $12,554,000 after acquiring an additional 1,461 shares in the last quarter. Finally, Cercano Management LLC purchased a new stake in T-Mobile US during the 4th quarter worth $10,375,000. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $0.64 during trading on Friday, reaching $252.76. 3,294,176 shares of the company's stock traded hands, compared to its average volume of 3,654,834. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a 12 month low of $192.61 and a 12 month high of $276.49. The company has a 50 day moving average of $243.02 and a 200-day moving average of $247.60. The stock has a market capitalization of $284.46 billion, a P/E ratio of 23.85, a price-to-earnings-growth ratio of 1.38 and a beta of 0.61.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating analysts' consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the prior year, the firm earned $2.49 EPS. The company's revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $256.44, for a total transaction of $17,909,769.60. Following the completion of the sale, the director owned 635,433,644 shares of the company's stock, valued at $162,950,603,667.36. This represents a 0.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO G Michael Sievert sold 22,500 shares of the business's stock in a transaction dated Monday, August 18th. The shares were sold at an average price of $255.58, for a total transaction of $5,750,550.00. Following the sale, the chief executive officer directly owned 358,722 shares of the company's stock, valued at approximately $91,682,168.76. This represents a 5.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 2,488,250 shares of company stock valued at $593,252,506 in the last quarter. Insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on TMUS shares. Wall Street Zen downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. Morgan Stanley lifted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research note on Thursday, July 24th. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Finally, Royal Bank Of Canada lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday, July 25th. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $258.02.

T-Mobile US Profile

T-Mobile US, Inc, together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.