Calamos Wealth Management LLC Grows Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Calamos Wealth Management LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.2% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 59,392 shares of the Wireless communications provider's stock after buying an additional 8,283 shares during the period. T-Mobile US makes up about 0.8% of Calamos Wealth Management LLC's investment portfolio, making the stock its 27th largest holding. Calamos Wealth Management LLC's holdings in T-Mobile US were worth $15,841,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Godsey & Gibb Inc. grew its stake in shares of T-Mobile US by 139.5% in the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 60 shares during the period. Rakuten Securities Inc. grew its stake in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the period. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US in the fourth quarter worth approximately $28,000. City Holding Co. grew its stake in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 43 shares during the period. Finally, Adirondack Trust Co. grew its stake in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after acquiring an additional 110 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $237.89, for a total value of $16,614,237.60. Following the transaction, the director owned 647,800,524 shares of the company's stock, valued at approximately $154,105,266,654.36. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 628,560 shares of company stock worth $144,455,659 over the last quarter. 0.37% of the stock is owned by insiders.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $2.89 during trading hours on Friday, hitting $240.31. 1,998,845 shares of the stock traded hands, compared to its average volume of 4,095,903. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49. The company has a market cap of $272.86 billion, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 1.32 and a beta of 0.62. The stock has a 50 day moving average price of $238.48 and a 200 day moving average price of $243.00.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the firm earned $2.00 earnings per share. The company's revenue for the quarter was up 6.6% on a year-over-year basis. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.46%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is currently 34.34%.

Analysts Set New Price Targets

A number of analysts have recently commented on the stock. Scotiabank upgraded shares of T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price target for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research note on Saturday, May 24th. JPMorgan Chase & Co. lifted their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, Benchmark reiterated a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $257.68.

About T-Mobile US

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.