YHB Investment Advisors Inc. Increases Stake in T-Mobile US, Inc. $TMUS

Key Points

• YHB Investment Advisors Inc. increased its stake in T-Mobile US by 5.7%, acquiring an additional 1,469 shares during the second quarter, bringing their total holdings to 27,328 shares worth approximately $6.51 million.
• T-Mobile US reported earnings of $2.84 per share for the last quarter, exceeding analysts' expectations, with revenue of $21.13 billion representing a 6.9% year-over-year increase.
• The company announced a quarterly dividend of $1.02 per share, an increase from $0.88, with an annualized yield of 1.7%, set to be paid on December 11th to investors of record by November 26th.

YHB Investment Advisors Inc. grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 27,328 shares of the Wireless communications provider's stock after purchasing an additional 1,469 shares during the quarter. YHB Investment Advisors Inc.'s holdings in T-Mobile US were worth $6,511,000 as of its most recent filing with the SEC.

Several other hedge funds have also added to or reduced their stakes in the company. Crestwood Advisors Group LLC raised its position in shares of T-Mobile US by 79.5% during the first quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider's stock worth $436,000 after purchasing an additional 724 shares during the period. NorthCrest Asset Manangement LLC bought a new position in T-Mobile US in the second quarter valued at approximately $284,000. Berkshire Bank grew its stake in T-Mobile US by 12.5% in the second quarter. Berkshire Bank now owns 12,593 shares of the Wireless communications provider's stock valued at $3,000,000 after purchasing an additional 1,400 shares in the last quarter. Canada Pension Plan Investment Board grew 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 purchasing an additional 864,030 shares in the last quarter. Finally, Fox Hill Wealth Management bought a new position in T-Mobile US in the second quarter valued at approximately $2,603,000. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business'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 value of $16,627,507.20. Following the sale, the director directly owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 2,606,300 shares of company stock worth $627,710,011 over the last quarter. 0.37% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TMUS shares. The Goldman Sachs Group initiated coverage on T-Mobile US in a research note on Tuesday, September 2nd. They set a "buy" rating and a $286.00 target price for the company. Morgan Stanley boosted their price objective on T-Mobile US from $265.00 to $285.00 and gave the stock an "overweight" rating in a research report on Thursday, July 24th. Rothschild & Co Redburn upgraded T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target on the stock in a research report on Monday, July 7th. Royal Bank Of Canada boosted their price objective on T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Finally, Bank of America started coverage on T-Mobile US in a research note on Monday, July 7th. They set a "neutral" rating and a $255.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $258.02.

T-Mobile US Trading Down 0.3%

TMUS stock traded down $0.69 during mid-day trading on Monday, reaching $237.48. The company had a trading volume of 2,695,825 shares, compared to its average volume of 4,290,754. 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 50 day moving average of $243.89 and a 200 day moving average of $245.54. T-Mobile US, Inc. has a 12 month low of $198.69 and a 12 month high of $276.49. The company has a market capitalization of $267.27 billion, a PE ratio of 22.38, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts' consensus estimates 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 company had revenue of $21.13 billion during the quarter, compared to analysts' expectations of $20.99 billion. During the same quarter in the prior year, the company posted $2.49 earnings per share. T-Mobile US's revenue for the quarter 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 Increases Dividend

The firm also recently declared 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 is Wednesday, November 26th. This is a boost 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 1.7%. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.

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.