T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Sigma Planning Corp

Sigma Planning Corp increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 32.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,868 shares of the Wireless communications provider's stock after buying an additional 2,678 shares during the period. Sigma Planning Corp's holdings in T-Mobile US were worth $2,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Catalyst Financial Partners LLC boosted its holdings in T-Mobile US by 3.0% during the first quarter. Catalyst Financial Partners LLC now owns 3,192 shares of the Wireless communications provider's stock worth $851,000 after buying an additional 93 shares in the last quarter. Signaturefd LLC boosted its holdings in T-Mobile US by 4.8% during the first quarter. Signaturefd LLC now owns 11,868 shares of the Wireless communications provider's stock worth $3,165,000 after buying an additional 544 shares in the last quarter. Edgestream Partners L.P. purchased a new stake in T-Mobile US during the first quarter worth about $480,000. Mitchell Mcleod Pugh & Williams Inc. boosted its holdings in T-Mobile US by 4.9% during the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 6,139 shares of the Wireless communications provider's stock worth $1,637,000 after buying an additional 284 shares in the last quarter. Finally, Florida Financial Advisors LLC boosted its holdings in T-Mobile US by 91.8% during the first quarter. Florida Financial Advisors LLC now owns 3,141 shares of the Wireless communications provider's stock worth $838,000 after buying an additional 1,503 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction that occurred on Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 1,116,990 shares of company stock worth $256,892,992 over the last ninety days. Corporate insiders own 0.37% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on TMUS shares. Morgan Stanley boosted their price objective on shares of T-Mobile US from $265.00 to $280.00 and gave the stock an "overweight" rating in a report on Wednesday. Benchmark reissued a "buy" rating and set a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. Bank of America initiated coverage on shares of T-Mobile US in a report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target on the stock. Tigress Financial upped their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a report on Tuesday, April 29th. Finally, Rothschild & Co Redburn raised shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a report on Monday, July 7th. One analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus price target of $252.61.

T-Mobile US Trading Down 0.2%

TMUS stock traded down $0.36 on Friday, hitting $226.68. 2,233,454 shares of the company were exchanged, compared to its average volume of 4,088,777. T-Mobile US, Inc. has a twelve month low of $173.74 and a twelve month high of $276.49. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. The business's fifty day moving average is $235.62 and its two-hundred day moving average is $243.67. The stock has a market capitalization of $257.38 billion, a price-to-earnings ratio of 22.11, a price-to-earnings-growth ratio of 1.27 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the prior year, the business posted $2.00 earnings per share. T-Mobile US's revenue for the quarter was up 6.6% compared to the same quarter last year. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared 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 1.55%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is 34.34%.

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.