Gunderson Capital Management Inc. Has $9.87 Million Stock Position in T-Mobile US, Inc. $TMUS

Key Points

• Gunderson Capital Management Inc. reduced its shares in T-Mobile US by 2.9%, holding 41,409 shares valued at approximately $9.87 million, constituting 4.1% of its total portfolio.
• Analysts generally maintain a positive outlook for T-Mobile US, with a consensus price target of $264.29 and 3 "Strong Buy" ratings among 30 analyst evaluations.
• T-Mobile US announced an increase in its quarterly dividend to $1.02 per share, up from $0.88, representing a yield of 1.8%.

Gunderson Capital Management Inc. trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.9% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 41,409 shares of the Wireless communications provider's stock after selling 1,226 shares during the period. T-Mobile US comprises approximately 4.1% of Gunderson Capital Management Inc.'s holdings, making the stock its 7th largest holding. Gunderson Capital Management Inc.'s holdings in T-Mobile US were worth $9,866,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Capital Investment Advisors LLC boosted its stake in shares of T-Mobile US by 15.6% in the 1st quarter. Capital Investment Advisors LLC now owns 1,149 shares of the Wireless communications provider's stock valued at $307,000 after purchasing an additional 155 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of T-Mobile US by 29.8% in the 1st quarter. Farther Finance Advisors LLC now owns 5,117 shares of the Wireless communications provider's stock worth $1,374,000 after purchasing an additional 1,175 shares during the last quarter. Pallas Capital Advisors LLC boosted its holdings in T-Mobile US by 57.7% during the first quarter. Pallas Capital Advisors LLC now owns 1,865 shares of the Wireless communications provider's stock worth $497,000 after buying an additional 682 shares during the last quarter. GAMMA Investing LLC grew its holdings in T-Mobile US by 10.2% during the first quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider's stock valued at $3,054,000 after purchasing an additional 1,059 shares during the period. Finally, Simplicity Wealth LLC acquired a new stake in T-Mobile US in the first quarter worth $228,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several research analyst reports. Scotiabank upped their price target on shares of T-Mobile US from $271.50 to $278.00 and gave the company a "sector outperform" rating in a report on Monday. Wolfe Research decreased their target price on shares of T-Mobile US from $300.00 to $290.00 and set an "outperform" rating for the company in a research report on Tuesday, September 30th. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Bank of America initiated coverage on T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 price target for the company. Finally, BNP Paribas Exane lifted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company an "outperform" rating in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $264.29.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the completion of the sale, the director owned 646,822,764 shares of the company's stock, valued at approximately $150,470,379,589.32. This represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 2,434,575 shares of company stock valued at $588,274,010. 0.37% of the stock is owned by company insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $226.21 on Friday. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49. The stock has a market cap of $254.58 billion, a P/E ratio of 21.34, a PEG ratio of 1.48 and a beta of 0.59. The stock has a 50 day simple moving average of $243.52 and a 200 day simple moving average of $243.23. The company has a current ratio of 1.21, a quick ratio of 1.13 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 for the quarter, beating the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion during 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%.The company's quarterly revenue was up 6.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.49 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US's previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a yield of 1.8%. T-Mobile US's dividend payout ratio is currently 38.49%.

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.

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