Caliber Wealth Management LLC KS Invests $3.77 Million in T-Mobile US, Inc. (NASDAQ:TMUS)

Key Points

• Caliber Wealth Management LLC has acquired 14,126 shares of T-Mobile US, Inc., valued at approximately $3,768,000, during the first quarter of the year.
• T-Mobile US reported a quarterly earnings of $2.84 EPS, exceeding expectations, with revenues of $21.13 billion, marking a 6.9% increase year-over-year.
• The company has declared a quarterly dividend of $0.88 per share, which will be paid on September 11th, representing a 1.42% dividend yield.

Caliber Wealth Management LLC KS acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 14,126 shares of the Wireless communications provider's stock, valued at approximately $3,768,000.

Other large investors have also recently made changes to their positions in the company. Godsey & Gibb Inc. raised 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 purchasing an additional 60 shares during the last quarter. CoreFirst Bank & Trust purchased a new stake in T-Mobile US during the fourth quarter valued at $28,000. Adirondack Trust Co. increased its position in T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock valued at $37,000 after acquiring an additional 110 shares during the last quarter. City Holding Co. grew its holdings in T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock valued at $37,000 after purchasing an additional 43 shares during the period. Finally, Pinney & Scofield Inc. bought a new stake in T-Mobile US during the fourth quarter valued at about $39,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Down 2.5%

NASDAQ:TMUS traded down $6.01 during midday trading on Monday, hitting $237.54. The stock had a trading volume of 2,247,095 shares, compared to its average volume of 4,370,942. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49. The company has a market capitalization of $267.33 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 1.33 and a beta of 0.62. The stock has a 50-day moving average of $235.19 and a 200 day moving average of $244.86. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33.

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 (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. The company had revenue of $21.13 billion for the quarter, compared to analysts' expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. T-Mobile US's revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.49 earnings per share. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.48%. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.

Analyst Ratings Changes

A number of research firms have recently weighed in on TMUS. Royal Bank Of Canada upped their price objective on T-Mobile US from $265.00 to $270.00 and gave the stock a "sector perform" rating in a research note on Friday. KeyCorp reaffirmed an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Arete Research raised T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. JPMorgan Chase & Co. boosted their target price on T-Mobile US from $270.00 to $280.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their target price for the stock from $275.00 to $277.50 in a research report on Wednesday, April 30th. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $256.31.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the sale, the director owned 646,822,764 shares of the company's stock, valued at approximately $150,470,379,589.32. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders sold 1,326,510 shares of company stock worth $305,246,018. 0.37% of the stock is currently owned by company insiders.

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.