T-Mobile US, Inc. $TMUS Shares Purchased by RFG Advisory LLC

Key Points

• RFG Advisory LLC increased its holdings in T-Mobile US by 26.5% during Q2, bringing its total ownership to 7,342 shares valued at approximately $1,749,000.
• T-Mobile US recently announced a quarterly dividend increase to $1.02 per share, up from $0.88, with a dividend yield of 1.8%.
• Analysts generally rate T-Mobile US stock as a Moderate Buy, with a price target averaging $265.13 based on several brokerage comments.

RFG Advisory LLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 26.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 7,342 shares of the Wireless communications provider's stock after purchasing an additional 1,537 shares during the period. RFG Advisory LLC's holdings in T-Mobile US were worth $1,749,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Activest Wealth Management grew its holdings in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 94 shares during the period. Stone House Investment Management LLC acquired a new stake in T-Mobile US in the first quarter valued at approximately $29,000. TCTC Holdings LLC grew its holdings in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after purchasing an additional 77 shares during the period. Missouri Trust & Investment Co grew its holdings in T-Mobile US by 807.7% in the second 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 acquired a new stake in T-Mobile US in the first quarter valued at approximately $47,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Wednesday, July 23rd. The stock was sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the transaction, the director owned 646,822,764 shares in the company, 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 filing with the SEC, which can be accessed through this link. Insiders sold a total of 2,418,333 shares of company stock worth $584,293,759 in the last quarter. Company insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $226.65 on Thursday. T-Mobile US, Inc. has a one year low of $208.39 and a one year high of $276.49. The company has a market cap of $255.08 billion, a price-to-earnings ratio of 21.38, a PEG ratio of 1.57 and a beta of 0.59. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The business's 50 day moving average price is $242.60 and its 200 day moving average price is $242.23.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping analysts' consensus estimates 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 firm had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter last year, the business posted $2.49 earnings per share. The firm's revenue was up 6.9% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current 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 is Wednesday, November 26th. This is a positive change 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 (DPR) is 38.49%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on TMUS. Bank of America began coverage on T-Mobile US in a report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price objective on the stock. Scotiabank lifted 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. BNP Paribas Exane lifted their price target on T-Mobile US from $290.00 to $305.00 and gave the stock an "outperform" rating in a research note on Monday, October 6th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of T-Mobile US in a research note on Wednesday, October 8th. Finally, KeyCorp reaffirmed an "underweight" rating and issued a $200.00 price target on shares of T-Mobile US in a research note on Wednesday, July 9th. Three equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and an average price target of $265.13.

About T-Mobile US

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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