Coldstream Capital Management Inc. Purchases 120 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Coldstream Capital Management Inc. grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,338 shares of the Wireless communications provider’s stock after acquiring an additional 120 shares during the quarter. Coldstream Capital Management Inc.’s holdings in T-Mobile US were worth $1,821,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the company. Aveo Capital Partners LLC boosted its stake in T-Mobile US by 6.5% during the fourth quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock worth $361,000 after buying an additional 137 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its position in shares of T-Mobile US by 595.1% during the 4th quarter. Cary Street Partners Investment Advisory LLC now owns 2,287 shares of the Wireless communications provider’s stock valued at $367,000 after acquiring an additional 1,958 shares in the last quarter. Jump Financial LLC bought a new stake in T-Mobile US in the fourth quarter valued at about $846,000. Envestnet Portfolio Solutions Inc. raised its position in T-Mobile US by 41.9% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after purchasing an additional 4,777 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA lifted its stake in T-Mobile US by 1.8% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 2,467,495 shares of the Wireless communications provider’s stock worth $395,613,000 after purchasing an additional 44,606 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 135,969 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were sold at an average price of $175.59, for a total value of $23,874,796.71. Following the transaction, the director now directly owns 671,479,433 shares in the company, valued at $117,905,073,640.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other T-Mobile US news, Director Telekom Ag Deutsche sold 135,969 shares of the company’s stock in a transaction on Friday, June 14th. The shares were sold at an average price of $175.59, for a total transaction of $23,874,796.71. Following the completion of the sale, the director now owns 671,479,433 shares in the company, valued at approximately $117,905,073,640.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Deeanne King sold 15,437 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the transaction, the executive vice president now owns 35,588 shares in the company, valued at $6,761,720. The disclosure for this sale can be found here. In the last quarter, insiders have sold 975,885 shares of company stock valued at $175,641,223. 0.67% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several analyst reports. Evercore ISI upgraded T-Mobile US to a “hold” rating in a research note on Thursday, August 1st. Citigroup upped their price target on T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. TD Cowen boosted their target price on shares of T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, Scotiabank increased their target price on shares of T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, T-Mobile US presently has an average rating of “Buy” and a consensus target price of $198.63.

T-Mobile US Stock Performance

TMUS stock opened at $196.50 on Wednesday. The company has a 50 day moving average price of $188.80 and a 200 day moving average price of $174.54. T-Mobile US, Inc. has a fifty-two week low of $135.82 and a fifty-two week high of $205.28. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $229.27 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 0.72 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The company had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.86 earnings per share. Analysts forecast that T-Mobile US, Inc. will post 9.18 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.32%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

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.