Louisbourg Investments Inc. Increases Stake in T-Mobile US, Inc. $TMUS

Key Points

• Louisbourg Investments Inc. increased its stake in T-Mobile US, Inc. by 12.5%, totaling 27,319 shares, valued at $6,509,000.
• T-Mobile US has announced a quarterly dividend of $1.02, which marks an increase from the previous $0.88 dividend, with an annualized yield of 1.8%.
• During the second quarter, several institutional investors boosted their positions in T-Mobile US, reflective of overall growing institutional interest, as hedge funds and other investors collectively own 42.49% of the stock.

Louisbourg Investments Inc. raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 12.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,319 shares of the Wireless communications provider's stock after buying an additional 3,025 shares during the quarter. T-Mobile US comprises approximately 1.4% of Louisbourg Investments Inc.'s holdings, making the stock its 21st largest position. Louisbourg Investments Inc.'s holdings in T-Mobile US were worth $6,509,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Trust Co. of Toledo NA OH grew its holdings in T-Mobile US by 26.5% during the 2nd quarter. Trust Co. of Toledo NA OH now owns 1,607 shares of the Wireless communications provider's stock valued at $383,000 after buying an additional 337 shares in the last quarter. Aberdeen Group plc boosted its position in shares of T-Mobile US by 2.9% during the 2nd quarter. Aberdeen Group plc now owns 353,758 shares of the Wireless communications provider's stock valued at $84,286,000 after acquiring an additional 9,928 shares during the last quarter. Brucke Financial Inc. boosted its position in shares of T-Mobile US by 17.9% during the 2nd quarter. Brucke Financial Inc. now owns 2,961 shares of the Wireless communications provider's stock valued at $705,000 after acquiring an additional 449 shares during the last quarter. Cyndeo Wealth Partners LLC lifted its position in T-Mobile US by 14.2% in the second quarter. Cyndeo Wealth Partners LLC now owns 1,888 shares of the Wireless communications provider's stock worth $450,000 after buying an additional 235 shares during the last quarter. Finally, Total Wealth Planning & Management Inc. lifted its position in shares of T-Mobile US by 152.1% during the second quarter. Total Wealth Planning & Management Inc. now owns 5,515 shares of the Wireless communications provider's stock worth $1,314,000 after purchasing an additional 3,327 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

TMUS opened at $228.79 on Friday. The business's 50-day moving average is $243.36 and its two-hundred day moving average is $243.02. T-Mobile US, Inc. has a 1 year low of $208.39 and a 1 year high of $276.49. 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 firm has a market capitalization of $257.48 billion, a PE ratio of 21.58, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company had revenue of $21.13 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the previous year, the firm earned $2.49 earnings per share. The firm's quarterly revenue was up 6.9% compared to the same quarter last year. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.8%. This is a boost from T-Mobile US's previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US's payout ratio is presently 33.21%.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TMUS. Redburn Atlantic upgraded T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price for the company in a research report on Monday, July 7th. KeyCorp restated an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Wolfe Research cut their price target on T-Mobile US from $300.00 to $290.00 and set an "outperform" rating on the stock in a research note on Tuesday, September 30th. Morgan Stanley raised their price target on T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Finally, Raymond James Financial upgraded T-Mobile US to a "hold" rating in a research note on Wednesday, October 1st. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $265.13.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $232.63, for a total value 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 trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 2,499,001 shares of company stock valued at $602,845,239 in the last 90 days. 0.37% of the stock is owned by insiders.

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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