Aptus Capital Advisors LLC Raises Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Aptus Capital Advisors LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 13.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 98,750 shares of the Wireless communications provider's stock after buying an additional 11,353 shares during the quarter. Aptus Capital Advisors LLC's holdings in T-Mobile US were worth $21,797,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in TMUS. Rakuten Securities Inc. grew its position in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the 4th quarter valued at $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US during the 4th quarter worth $29,000. Bruce G. Allen Investments LLC increased its position in shares of T-Mobile US by 79.3% during the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the last quarter. Finally, Albion Financial Group UT purchased a new stake in T-Mobile US in the 4th quarter valued at about $39,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Activity

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.67% of the company's stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research analyst reports. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Hsbc Global Res downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Bank of America lifted their target price on T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, January 30th. Finally, Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research note on Friday, March 14th. 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 stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $257.68.

T-Mobile US Stock Performance

TMUS traded up $5.50 during trading on Tuesday, hitting $253.80. 2,897,730 shares of the stock were exchanged, compared to its average volume of 4,228,548. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 1-year low of $161.61 and a 1-year high of $276.49. The stock has a fifty day moving average price of $257.82 and a two-hundred day moving average price of $242.08. The firm has a market capitalization of $288.18 billion, a P/E ratio of 26.25, a PEG ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. During the same period last year, the firm posted $2.00 EPS. T-Mobile US's revenue for the quarter was up 6.6% on a year-over-year basis. As a group, sell-side analysts predict 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 announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.39%. T-Mobile US's dividend payout ratio (DPR) is currently 34.34%.

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.