Total Wealth Planning & Management Inc. Purchases 3,327 Shares of T-Mobile US, Inc. $TMUS

Key Points

• Total Wealth Planning & Management Inc. increased its holdings in T-Mobile US shares by 152.1%, now owning 5,515 shares valued at approximately $1.31 million, making it the firm's 19th largest position.
• Director Telekom Ag Deutsche sold 64,426 shares of T-Mobile US stock, totaling over $14.4 million, while institutional investors own approximately 42.49% of the company’s stock.
• T-Mobile US recently raised its quarterly dividend to $1.02 per share, providing a yield of 1.8%, an increase from its previous dividend of $0.88.

Total Wealth Planning & Management Inc. increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 152.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,515 shares of the Wireless communications provider's stock after purchasing an additional 3,327 shares during the period. T-Mobile US comprises about 1.0% of Total Wealth Planning & Management Inc.'s investment portfolio, making the stock its 19th largest position. Total Wealth Planning & Management Inc.'s holdings in T-Mobile US were worth $1,314,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Activest Wealth Management boosted its stake in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock valued at $25,000 after buying an additional 94 shares in the last quarter. Missouri Trust & Investment Co boosted its stake in T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in T-Mobile US in the 1st quarter valued at $29,000. TCTC Holdings LLC boosted its stake in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider's stock valued at $30,000 after buying an additional 77 shares in the last quarter. Finally, Tsfg LLC acquired a new stake in T-Mobile US in the 1st quarter valued at $47,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $224.60, for a total value of $14,470,079.60. Following the completion of the sale, the director directly owned 628,168,603 shares in the company, valued at $141,086,668,233.80. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 2,434,575 shares of company stock valued at $588,274,010 in the last ninety days. Corporate insiders own 0.37% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Raymond James Financial raised T-Mobile US to a "hold" rating in a research note on Wednesday, October 1st. BNP Paribas Exane boosted their price objective on T-Mobile US from $290.00 to $305.00 and gave the stock an "outperform" rating in a research note on Monday. The Goldman Sachs Group initiated coverage on T-Mobile US in a research note on Tuesday, September 2nd. They issued a "buy" rating and a $286.00 price objective on the stock. Moffett Nathanson boosted their price objective on T-Mobile US from $210.00 to $230.00 and gave the stock a "neutral" rating in a research note on Thursday, October 2nd. Finally, Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price objective on the stock in a research note on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $264.29.

T-Mobile US Trading Down 0.2%

TMUS stock opened at $226.21 on Friday. The company has a market cap of $254.58 billion, a P/E ratio of 21.34, a PEG ratio of 1.48 and a beta of 0.59. T-Mobile US, Inc. has a twelve month low of $208.39 and a twelve month high of $276.49. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. The business has a fifty day moving average of $243.52 and a 200-day moving average of $243.23.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data 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. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The firm's revenue was up 6.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.49 earnings per share. As a group, equities research analysts expect 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 issued a $1.02 dividend. 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 1.8%. The ex-dividend date is Wednesday, November 26th. T-Mobile US's dividend payout ratio is currently 38.49%.

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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