5,577 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Kingsman Wealth Management Inc.

Kingsman Wealth Management Inc. bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,577 shares of the Wireless communications provider's stock, valued at approximately $1,487,000. T-Mobile US makes up approximately 1.1% of Kingsman Wealth Management Inc.'s investment portfolio, making the stock its 21st largest position.

Other large investors have also recently modified their holdings of the company. Godsey & Gibb Inc. lifted its stake in 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 acquiring an additional 60 shares during the period. CoreFirst Bank & Trust purchased a new position in T-Mobile US in the fourth quarter valued at about $28,000. Adirondack Trust Co. lifted its holdings in T-Mobile US by 366.7% in 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 period. City Holding Co. increased its position in shares of T-Mobile US by 45.3% during the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider's stock worth $37,000 after purchasing an additional 43 shares in the last quarter. Finally, Pinney & Scofield Inc. purchased a new stake in T-Mobile US in the 4th quarter valued at $39,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Monday, July 21st. The shares were sold at an average price of $232.58, for a total transaction of $16,243,387.20. Following the completion of the transaction, the director directly owned 646,962,444 shares of the company's stock, valued at $150,470,525,225.52. This trade represents a 0.01% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last three months, insiders have sold 1,256,670 shares of company stock valued at $288,999,139. Company insiders own 0.37% of the company's stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research reports. Bank of America began coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 target price for the company in a research report on Monday, July 7th. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. Morgan Stanley increased their price target on T-Mobile US from $265.00 to $280.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 16th. Finally, Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and increased their price target 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 issued a hold rating, nine have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and an average target price of $255.12.

T-Mobile US Stock Up 2.4%

TMUS stock traded up $5.41 during trading on Monday, reaching $232.62. The stock had a trading volume of 4,430,238 shares, compared to its average volume of 4,101,740. T-Mobile US, Inc. has a one year low of $173.74 and a one year high of $276.49. The company has a quick ratio of 1.08, a current ratio of 1.16 and a debt-to-equity ratio of 1.35. The company's 50 day moving average is $235.29 and its two-hundred day moving average is $244.04. The company has a market capitalization of $264.13 billion, a price-to-earnings ratio of 22.69, a P/E/G ratio of 1.26 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analysts' expectations of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.00 earnings per share. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

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 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 1.51%. T-Mobile US's payout ratio is currently 34.34%.

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.