Wealth Enhancement Advisory Services LLC Raises Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Wealth Enhancement Advisory Services LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 559,131 shares of the Wireless communications provider's stock after acquiring an additional 5,957 shares during the period. Wealth Enhancement Advisory Services LLC's holdings in T-Mobile US were worth $149,126,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Tritonpoint Wealth LLC lifted its holdings in T-Mobile US by 5.0% in the 1st quarter. Tritonpoint Wealth LLC now owns 2,095 shares of the Wireless communications provider's stock worth $559,000 after purchasing an additional 99 shares in the last quarter. Stock Yards Bank & Trust Co. bought a new position in shares of T-Mobile US during the first quarter worth $231,000. Jackson Square Capital LLC grew its stake in T-Mobile US by 35.5% during the first quarter. Jackson Square Capital LLC now owns 30,423 shares of the Wireless communications provider's stock valued at $8,114,000 after acquiring an additional 7,968 shares in the last quarter. CVA Family Office LLC grew its stake in T-Mobile US by 11.6% during the first quarter. CVA Family Office LLC now owns 1,098 shares of the Wireless communications provider's stock valued at $293,000 after acquiring an additional 114 shares in the last quarter. Finally, West Branch Capital LLC lifted its stake in T-Mobile US by 27.2% in the 1st quarter. West Branch Capital LLC now owns 7,293 shares of the Wireless communications provider's stock worth $1,945,000 after purchasing an additional 1,559 shares in 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 69,840 shares of the firm's stock in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $228.75, for a total value of $15,975,900.00. Following the completion of the sale, the director now directly owns 588,413,779 shares in the company, valued at $134,599,651,946.25. This trade 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 at the SEC website. 0.37% of the stock is owned by company insiders.

T-Mobile US Trading Down 0.2%

Shares of TMUS opened at $220.99 on Thursday. The firm has a market capitalization of $250.92 billion, a price-to-earnings ratio of 21.56, a PEG ratio of 1.22 and a beta of 0.64. The company has a debt-to-equity ratio of 1.35, a current ratio of 1.16 and a quick ratio of 1.08. T-Mobile US, Inc. has a 1-year low of $173.74 and a 1-year high of $276.49. The company has a 50-day moving average of $244.62 and a 200 day moving average of $243.40.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. During the same quarter in the previous year, the firm posted $2.00 earnings per share. The company's revenue was up 6.6% on a year-over-year basis. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US's dividend payout ratio (DPR) is presently 34.34%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on TMUS. Royal Bank Of Canada raised their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research report on Friday, March 21st. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Wall Street Zen cut shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $257.68.

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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