TD Private Client Wealth LLC Buys 1,136 Shares of T-Mobile US, Inc. $TMUS

TD Private Client Wealth LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 19.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,056 shares of the Wireless communications provider's stock after purchasing an additional 1,136 shares during the quarter. TD Private Client Wealth LLC's holdings in T-Mobile US were worth $1,681,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Centaurus Financial Inc. increased its holdings in T-Mobile US by 3.9% during the fourth quarter. Centaurus Financial Inc. now owns 6,347 shares of the Wireless communications provider's stock worth $1,401,000 after buying an additional 239 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in T-Mobile US by 12.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,774 shares of the Wireless communications provider's stock worth $473,000 after buying an additional 196 shares during the last quarter. Neville Rodie & Shaw Inc. increased its holdings in T-Mobile US by 4.5% during the first quarter. Neville Rodie & Shaw Inc. now owns 38,445 shares of the Wireless communications provider's stock worth $10,254,000 after buying an additional 1,665 shares during the last quarter. Centre Asset Management LLC increased its holdings in T-Mobile US by 0.7% during the first quarter. Centre Asset Management LLC now owns 7,543 shares of the Wireless communications provider's stock worth $2,012,000 after buying an additional 54 shares during the last quarter. Finally, Adirondack Trust Co. increased its holdings in T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider's stock worth $37,000 after buying an additional 110 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The shares were sold at an average price of $238.41, for a total transaction of $15,359,802.66. Following the completion of the sale, the director owned 634,434,770 shares of the company's stock, valued at approximately $151,255,593,515.70. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last three months, insiders have sold 2,531,046 shares of company stock worth $610,601,198. Corporate insiders own 0.37% of the company's stock.

T-Mobile US Stock Down 0.2%

TMUS stock opened at $237.94 on Friday. The stock has a market capitalization of $267.78 billion, a P/E ratio of 22.45, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $201.82 and a 12 month high of $276.49. The firm has a 50-day moving average price of $244.76 and a 200-day moving average price of $245.06.

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, topping analysts' consensus estimates of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to analysts' expectations of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.49 earnings per share. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders 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 represents a $4.08 dividend on an annualized basis and a yield of 1.7%. This is a boost from T-Mobile US's previous quarterly dividend of $0.88. T-Mobile US's payout ratio is currently 33.21%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TMUS shares. Bank of America started coverage on shares of T-Mobile US in a report on Monday, July 7th. They set a "neutral" rating and a $255.00 target price on the stock. KeyCorp reiterated an "underweight" rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Wednesday, July 9th. Royal Bank Of Canada upped their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a report on Friday, July 25th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a report on Monday, July 7th. Finally, The Goldman Sachs Group assumed coverage on shares of T-Mobile US in a report on Tuesday, September 2nd. They issued a "buy" rating and a $286.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $258.02.

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.

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.