Capital A Wealth Management LLC Makes New $270,000 Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Capital A Wealth Management LLC bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,221 shares of the Wireless communications provider's stock, valued at approximately $270,000.

Several other large investors also recently modified their holdings of TMUS. Rakuten Securities Inc. lifted its holdings in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 62 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US during the fourth quarter valued at approximately $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US during the fourth quarter valued at approximately $29,000. Pinney & Scofield Inc. purchased a new position in shares of T-Mobile US during the fourth quarter valued at approximately $39,000. Finally, DT Investment Partners LLC increased its position in shares of T-Mobile US by 58.8% during the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider's stock valued at $42,000 after acquiring an additional 70 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. UBS Group downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Oppenheimer raised their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research report on Friday, January 31st. JPMorgan Chase & Co. lifted their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. Finally, Hsbc Global Res downgraded shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Eleven investment 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's stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and an average price target of $257.68.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

TMUS stock traded up $3.31 during midday trading on Friday, hitting $242.61. 8,312,961 shares of the stock traded hands, compared to its average volume of 4,229,704. The firm has a market cap of $275.47 billion, a P/E ratio of 25.09, a PEG ratio of 1.55 and a beta of 0.69. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The stock's fifty day simple moving average is $250.72 and its 200-day simple moving average is $243.83. T-Mobile US, Inc. has a 1-year low of $169.76 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The firm's revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the business earned $2.00 earnings per share. On average, analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

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.