Koss Olinger Consulting LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 2,056 shares of the Wireless communications provider's stock, valued at approximately $548,000.
Other large investors have also made changes to their positions in the company. Crestwood Advisors Group LLC boosted its holdings in shares of T-Mobile US by 79.5% in the 1st quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider's stock valued at $436,000 after acquiring an additional 724 shares during the last quarter. Burling Wealth Partners LLC purchased a new stake in shares of T-Mobile US in the 4th quarter valued at $2,539,000. Advisor Resource Council purchased a new stake in shares of T-Mobile US in the 1st quarter valued at $463,000. Main Street Research LLC boosted its holdings in T-Mobile US by 1.0% during the first quarter. Main Street Research LLC now owns 177,902 shares of the Wireless communications provider's stock worth $47,448,000 after buying an additional 1,788 shares in the last quarter. Finally, Sawgrass Asset Management LLC acquired a new stake in T-Mobile US during the first quarter valued at $6,543,000. 42.49% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Wednesday, August 6th. The shares were sold at an average price of $239.71, for a total transaction of $16,741,346.40. Following the completion of the sale, the director directly owned 646,124,364 shares in the company, valued at approximately $154,882,471,294.44. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jon Freier sold 7,000 shares of the firm's stock in a transaction dated Thursday, July 24th. The stock was sold at an average price of $250.00, for a total transaction of $1,750,000.00. Following the sale, the insider owned 199,643 shares of the company's stock, valued at approximately $49,910,750. The trade was a 3.39% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,764,850 shares of company stock worth $410,591,012. Insiders own 0.37% of the company's stock.
Wall Street Analyst Weigh In
Several analysts recently commented on TMUS shares. Tigress Financial raised their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Arete Research upgraded shares of T-Mobile US to a "strong-buy" rating in a research report on Tuesday, July 8th. Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Finally, Bank of America started coverage on shares of T-Mobile US in a research report on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, nine have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.31.
View Our Latest Stock Analysis on TMUS
T-Mobile US Price Performance
Shares of NASDAQ TMUS opened at $244.98 on Friday. The firm has a 50-day simple moving average of $234.84 and a 200-day simple moving average of $246.33. The stock has a market capitalization of $275.71 billion, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.35 and a beta of 0.62. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 52 week low of $192.11 and a 52 week high of $276.49.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The firm had revenue of $21.13 billion during the quarter, compared to analysts' expectations of $20.99 billion. During the same period last year, the business earned $2.49 earnings per share. T-Mobile US's revenue was up 6.9% compared to the same quarter last year. On average, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.
T-Mobile US Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.
About T-Mobile US
(
Free Report)
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.
See Also
Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS - Free Report).

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