Valeo Financial Advisors LLC Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Valeo Financial Advisors LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 38.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,502 shares of the Wireless communications provider's stock after purchasing an additional 2,097 shares during the period. Valeo Financial Advisors LLC's holdings in T-Mobile US were worth $2,001,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Ancora Advisors LLC increased its position in shares of T-Mobile US by 16.6% in the fourth quarter. Ancora Advisors LLC now owns 260 shares of the Wireless communications provider's stock worth $57,000 after purchasing an additional 37 shares during the last quarter. Snowden Capital Advisors LLC increased its position in shares of T-Mobile US by 0.6% in the fourth quarter. Snowden Capital Advisors LLC now owns 6,394 shares of the Wireless communications provider's stock worth $1,411,000 after purchasing an additional 40 shares during the last quarter. Signaturefd LLC increased its position in shares of T-Mobile US by 0.4% in the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock worth $2,499,000 after purchasing an additional 41 shares during the last quarter. Financial Management Professionals Inc. increased its position in shares of T-Mobile US by 15.6% in the first quarter. Financial Management Professionals Inc. now owns 303 shares of the Wireless communications provider's stock worth $81,000 after purchasing an additional 41 shares during the last quarter. Finally, Continuum Advisory LLC increased its position in shares of T-Mobile US by 0.7% in the fourth quarter. Continuum Advisory LLC now owns 6,069 shares of the Wireless communications provider's stock worth $1,340,000 after purchasing an additional 43 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Down 1.6%

T-Mobile US stock traded down $3.66 on Wednesday, hitting $232.31. 3,938,124 shares of the stock traded hands, compared to its average volume of 4,096,704. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. The firm has a market cap of $263.78 billion, a P/E ratio of 22.66, a price-to-earnings-growth ratio of 1.10 and a beta of 0.62. The business's fifty day simple moving average is $238.54 and its 200 day simple moving average is $243.53. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The company's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.00 earnings per share. As a group, sell-side 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. Stockholders of record on Friday, August 29th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio is presently 34.34%.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent research reports. Bank of America initiated coverage on shares of T-Mobile US in a research report on Monday. They set a "neutral" rating and a $255.00 price target on the stock. Tigress Financial increased their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target on the stock. in a research report on Friday, March 14th. Rothschild & Co Redburn upgraded 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 research report on Monday. Finally, Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating, ten have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus target price of $252.61.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value 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 $154,195,093,739.52. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 698,400 shares of company stock valued at $161,083,166. 0.37% of the stock is owned by insiders.

T-Mobile US Company 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.