Guardian Wealth Advisors LLC NC Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Guardian Wealth Advisors LLC NC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,142 shares of the Wireless communications provider's stock, valued at approximately $252,000.

Other hedge funds have also bought and sold shares of the company. Rakuten Securities Inc. lifted its holdings in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 62 shares during the period. CoreFirst Bank & Trust bought a new stake in T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners bought a new stake in shares of T-Mobile US in the fourth quarter valued at $29,000. Albion Financial Group UT bought a new stake in shares of T-Mobile US in the fourth quarter valued at $39,000. Finally, DT Investment Partners LLC raised its stake in shares of T-Mobile US by 58.8% in the fourth quarter. DT Investment Partners LLC now owns 189 shares of the Wireless communications provider's stock valued at $42,000 after buying an additional 70 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.67% of the stock is owned by company insiders.

T-Mobile US Price Performance

T-Mobile US stock opened at $243.81 on Monday. T-Mobile US, Inc. has a 52 week low of $161.72 and a 52 week high of $276.49. The business has a 50-day simple moving average of $256.32 and a 200 day simple moving average of $242.78. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market cap of $276.83 billion, a price-to-earnings ratio of 25.21, a PEG ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period in the previous year, the business earned $2.00 earnings per share. The firm's revenue was up 6.6% on a year-over-year basis. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have issued reports on TMUS shares. Hsbc Global Res lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Bank of America boosted their target price on T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research note on Thursday, January 30th. Tigress Financial boosted their target price on T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research note on Tuesday, April 29th. Oppenheimer boosted their target price on T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Finally, Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price 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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