Vicus Capital Invests $290,000 in T-Mobile US, Inc. $TMUS

Key Points

• Vicus Capital has invested $290,000 in T-Mobile US, purchasing 1,216 shares during the second quarter.
• Multiple institutional investors have significantly increased their stakes in T-Mobile, with ownership by institutional investors now at 42.49%.
• T-Mobile US raised its quarterly dividend from $0.88 to $1.02, indicating a positive change in its financial health.

Vicus Capital purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 1,216 shares of the Wireless communications provider's stock, valued at approximately $290,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Activest Wealth Management lifted its position in shares of T-Mobile US by 9,400.0% during the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 94 shares in the last quarter. Godsey & Gibb Inc. raised its stake in shares of T-Mobile US by 139.5% during the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 60 shares during the period. Missouri Trust & Investment Co lifted its holdings in T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 105 shares in the last quarter. Stone House Investment Management LLC bought a new position in T-Mobile US in the 1st quarter worth about $29,000. Finally, 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 worth $30,000 after purchasing an additional 77 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction 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 transaction, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 2,584,633 shares of company stock worth $623,559,263. 0.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TMUS. JPMorgan Chase & Co. upped their price target on T-Mobile US from $280.00 to $300.00 and gave the company an "overweight" rating in a research report on Tuesday. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday. Redburn Atlantic upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 target price on the stock in a research note on Monday, July 7th. Morgan Stanley boosted their price target on shares of T-Mobile US from $265.00 to $285.00 and gave the company an "overweight" rating in a research report on Thursday, July 24th. Finally, Rothschild & Co Redburn raised 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 report on Monday, July 7th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $262.50.

T-Mobile US Price Performance

TMUS opened at $230.14 on Friday. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. The stock has a market capitalization of $259.00 billion, a P/E ratio of 21.71, a PEG ratio of 1.28 and a beta of 0.59. The stock has a 50-day moving average price of $244.83 and a 200-day moving average price of $244.31. T-Mobile US, Inc. has a 12-month low of $206.18 and a 12-month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts' consensus estimates of $2.69 by $0.15. The company 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%.T-Mobile US's quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.49 EPS. 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 disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This is a positive change from T-Mobile US's previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.8%. T-Mobile US's dividend payout ratio is currently 33.21%.

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.

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