Integrity Alliance LLC. Makes New $948,000 Investment in T-Mobile US, Inc. $TMUS

Key Points

• Integrity Alliance LLC invested $948,000 in T-Mobile US by purchasing 3,555 shares in the first quarter.
• Several institutional investors significantly increased their holdings in T-Mobile US, with Activest Wealth Management raising its position by 9,400% during the same period.
• Analysts have raised price targets for T-Mobile US, with Morgan Stanley and JPMorgan Chase increasing their price objectives to $285.00 and $280.00, respectively.

Integrity Alliance LLC. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,555 shares of the Wireless communications provider's stock, valued at approximately $948,000.

Several other large investors also recently added to or reduced their stakes in TMUS. Activest Wealth Management boosted its position in shares of T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock worth $25,000 after buying an additional 94 shares during the period. Godsey & Gibb Inc. lifted its stake in T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock worth $27,000 after acquiring an additional 60 shares in the last quarter. Stone House Investment Management LLC purchased a new stake in T-Mobile US in the 1st quarter worth about $29,000. TCTC Holdings LLC boosted its position in T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after acquiring an additional 77 shares during the period. Finally, Adirondack Trust Co. grew its stake in T-Mobile US by 366.7% during the 1st 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 in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Up 0.1%

NASDAQ:TMUS traded up $0.33 during trading hours on Friday, reaching $241.72. The company's stock had a trading volume of 3,085,735 shares, compared to its average volume of 3,790,168. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The company has a market cap of $272.04 billion, a price-to-earnings ratio of 22.80, a price-to-earnings-growth ratio of 1.33 and a beta of 0.61. T-Mobile US, Inc. has a one year low of $195.47 and a one year high of $276.49. The business's 50-day moving average is $243.25 and its 200-day moving average is $246.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. The company 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 business's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.49 earnings per share. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Insider Buying and Selling

In other T-Mobile US news, CEO G Michael Sievert sold 22,500 shares of the stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $255.58, for a total transaction of $5,750,550.00. Following the transaction, the chief executive officer owned 358,722 shares in the company, valued at $91,682,168.76. This trade represents a 5.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction on Wednesday, September 10th. The stock was sold at an average price of $240.08, for a total transaction of $16,767,187.20. Following the completion of the sale, the director owned 635,014,604 shares of the company's stock, valued at $152,454,306,128.32. The trade was a 0.01% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,627,930 shares of company stock valued at $628,713,068 in the last ninety days. Company insiders own 0.37% of the company's stock.

Analyst Ratings Changes

TMUS has been the subject of a number of research analyst reports. Bank of America assumed coverage on shares of T-Mobile US in a research report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target for the company. Morgan Stanley lifted their target price on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. JPMorgan Chase & Co. boosted their price target on shares of T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, July 24th. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, Royal Bank Of Canada lifted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research report on Friday, July 25th. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $258.02.

T-Mobile US Company 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.