Jackson Wealth Management LLC Invests $462,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Jackson Wealth Management LLC bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,734 shares of the Wireless communications provider's stock, valued at approximately $462,000.

Other large investors have also recently modified their holdings of the company. Godsey & Gibb Inc. increased its position in shares of T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 60 shares during the last quarter. Rakuten Securities Inc. increased its position in shares of T-Mobile US by 93.9% during the 4th 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 bought a new position in shares of T-Mobile US during the 4th quarter valued at approximately $28,000. City Holding Co. increased its position in shares of T-Mobile US by 45.3% during the 1st 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 last quarter. Finally, Adirondack Trust Co. boosted its holdings 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 during the period. Institutional investors own 42.49% of the company's stock.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $237.89, for a total transaction of $16,614,237.60. Following the sale, the director owned 647,800,524 shares in the company, valued at approximately $154,105,266,654.36. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders sold 628,560 shares of company stock worth $144,455,659. 0.37% of the stock is currently owned by insiders.

T-Mobile US Stock Down 1.3%

NASDAQ:TMUS traded down $3.12 during mid-day trading on Monday, hitting $237.63. 2,957,849 shares of the company's stock traded hands, compared to its average volume of 4,094,708. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The company has a fifty day moving average of $238.63 and a 200 day moving average of $243.47. The company has a market capitalization of $269.81 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.32 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted 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. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's quarterly revenue was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.00 EPS. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current 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 paid a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.48%. T-Mobile US's payout ratio is presently 34.34%.

Analyst Ratings Changes

TMUS has been the subject of a number of recent analyst reports. Wall Street Zen cut T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Royal Bank Of Canada boosted their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Finally, Tigress Financial boosted their price objective on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Fourteen equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $254.98.

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.