Capital Advisors Inc. OK Purchases 2,003 Shares of T-Mobile US, Inc. $TMUS

Capital Advisors Inc. OK boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 199.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,008 shares of the Wireless communications provider’s stock after acquiring an additional 2,003 shares during the quarter. Capital Advisors Inc. OK’s holdings in T-Mobile US were worth $717,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Activest Wealth Management lifted its position in shares of T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 94 shares during the last quarter. Stone House Investment Management LLC acquired a new position in T-Mobile US during the first quarter worth about $29,000. TCTC Holdings LLC lifted its holdings in shares of T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after acquiring an additional 77 shares during the last quarter. Missouri Trust & Investment Co lifted its holdings in shares of T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the last quarter. Finally, City Holding Co. boosted its stake in shares of T-Mobile US by 45.3% in the 1st quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock valued at $37,000 after purchasing an additional 43 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $224.96 on Tuesday. The stock has a market cap of $253.17 billion, a price-to-earnings ratio of 21.22, a P/E/G ratio of 1.27 and a beta of 0.59. T-Mobile US, Inc. has a twelve month low of $207.40 and a twelve month high of $276.49. The company’s fifty day moving average is $244.30 and its 200 day moving average is $243.68. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period last year, the company earned $2.49 EPS. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s payout ratio is presently 38.49%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Thursday, October 2nd. The shares were sold at an average price of $230.41, for a total transaction of $14,844,394.66. Following the completion of the sale, the director owned 628,297,455 shares of the company’s stock, valued at approximately $144,766,016,606.55. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold 2,579,219 shares of company stock valued at $621,776,150 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TMUS shares. Wolfe Research lowered their price objective on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research report on Tuesday, September 30th. KeyCorp reaffirmed an “underweight” rating and set a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a report on Wednesday, October 1st. Moffett Nathanson raised their price objective on T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Finally, Redburn Atlantic raised T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 target price for the company in a report on Monday, July 7th. Three research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $264.29.

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.