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Moser Wealth Advisors LLC Grows Stock Position in T-Mobile US, Inc. $TMUS

T-Mobile US logo with Computer and Technology background

Moser Wealth Advisors LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 137.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,145 shares of the Wireless communications provider's stock after buying an additional 1,240 shares during the quarter. Moser Wealth Advisors LLC's holdings in T-Mobile US were worth $511,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Wellington Management Group LLP raised its stake in T-Mobile US by 1.7% in the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider's stock valued at $3,426,407,000 after buying an additional 214,224 shares during the last quarter. Canada Pension Plan Investment Board raised its stake in T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider's stock valued at $1,837,399,000 after buying an additional 864,030 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider's stock valued at $1,112,886,000 after buying an additional 844,932 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of T-Mobile US by 4.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,050,797 shares of the Wireless communications provider's stock worth $1,080,388,000 after purchasing an additional 169,562 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of T-Mobile US by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,295,432 shares of the Wireless communications provider's stock worth $878,925,000 after purchasing an additional 65,394 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Down 3.3%

T-Mobile US stock opened at $219.99 on Friday. The firm has a market cap of $247.58 billion, a price-to-earnings ratio of 20.75, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59. T-Mobile US, Inc. has a 52 week low of $208.39 and a 52 week high of $276.49. The business's 50-day moving average price is $240.04 and its 200 day moving average price is $240.85. 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 (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.T-Mobile US's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $2.61 earnings per share. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This is an increase from T-Mobile US's previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.9%. T-Mobile US's dividend payout ratio is 33.21%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the firm's stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $226.17, for a total value of $14,571,228.42. Following the sale, the director directly owned 582,220,759 shares of the company's stock, valued at approximately $131,680,869,063.03. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold 2,389,677 shares of company stock valued at $575,795,321 over the last quarter. 0.37% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Moffett Nathanson raised their price objective on T-Mobile US from $210.00 to $230.00 and gave the stock a "neutral" rating in a research note on Thursday, October 2nd. Wells Fargo & Company upgraded T-Mobile US from an "equal weight" rating to an "overweight" rating and raised their price objective for the stock from $250.00 to $260.00 in a research note on Thursday, October 16th. The Goldman Sachs Group assumed coverage on T-Mobile US in a research note on Tuesday, September 2nd. They issued a "buy" rating and a $286.00 price objective for the company. Raymond James Financial upgraded T-Mobile US to a "hold" rating in a research note on Wednesday, October 1st. Finally, Scotiabank raised their price objective on T-Mobile US from $271.50 to $278.00 and gave the stock a "sector outperform" rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $268.71.

Read Our Latest Research Report on T-Mobile US

T-Mobile US Company Profile

(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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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