Roman Butler Fullerton & Co. Buys 1,445 Shares of T-Mobile US, Inc. $TMUS

Key Points

• Roman Butler Fullerton & Co. increased its stake in T-Mobile US, buying 1,445 additional shares, bringing its total holdings to 3,850 shares worth approximately $938,000.
• T-Mobile US reported a profit of $2.41 per share for the quarter, exceeding analysts' expectations, and generated $21.96 billion in revenue, marking an 8.9% year-over-year increase.
• The company announced a quarterly dividend increase to $1.02 per share, up from $0.88, effective December 11th, reflecting a commitment to returning value to shareholders.

Roman Butler Fullerton & Co. grew its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 60.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,850 shares of the Wireless communications provider's stock after purchasing an additional 1,445 shares during the quarter. Roman Butler Fullerton & Co.'s holdings in T-Mobile US were worth $938,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Activest Wealth Management raised its holdings in T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after acquiring an additional 94 shares during the period. Stone House Investment Management LLC purchased a new stake in shares of T-Mobile US during the first quarter worth about $29,000. TCTC Holdings LLC grew its position in shares of T-Mobile US by 208.1% during the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock worth $30,000 after purchasing an additional 77 shares in the last quarter. Missouri Trust & Investment Co raised its stake in T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 105 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in T-Mobile US in the 1st quarter worth approximately $47,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

NASDAQ TMUS opened at $227.40 on Thursday. The company has a market cap of $255.92 billion, a PE ratio of 21.45, a P/E/G ratio of 1.57 and a beta of 0.59. The firm's 50 day moving average price is $240.64 and its 200-day moving average price is $241.04. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. T-Mobile US, Inc. has a 52-week low of $208.39 and a 52-week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts' consensus estimates of $2.40 by $0.01. The company had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US's revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.61 earnings per share. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be given a dividend of $1.02 per share. 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 dividend on an annualized basis and a yield of 1.8%. T-Mobile US's dividend payout ratio is 33.21%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several research analyst reports. Royal Bank Of Canada raised shares of T-Mobile US from a "sector perform" rating to an "outperform" rating and set a $270.00 target price for the company in a research note on Tuesday, October 14th. Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research note on Monday, July 7th. Arete Research upgraded T-Mobile US to a "strong-buy" rating in a report on Tuesday, July 8th. Finally, Scotiabank raised their price target 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, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $266.17.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the business's stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $238.61, for a total value of $16,664,522.40. Following the completion of the transaction, the director directly owned 646,613,244 shares in the company, valued at approximately $154,288,386,150.84. The trade was a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 2,395,091 shares of company stock valued at $578,333,496 in the last 90 days. 0.37% of the stock is owned by insiders.

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.

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