Tranquility Partners LLC Has $731,000 Position in T-Mobile US, Inc. $TMUS

Tranquility Partners LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 17.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,070 shares of the Wireless communications provider’s stock after purchasing an additional 463 shares during the quarter. Tranquility Partners LLC’s holdings in T-Mobile US were worth $731,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Hohimer Wealth Management LLC raised its stake in T-Mobile US by 2.3% during the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock valued at $480,000 after purchasing an additional 41 shares during the period. Journey Strategic Wealth LLC increased its stake in shares of T-Mobile US by 4.2% in the first quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after acquiring an additional 41 shares during the last quarter. Angeles Wealth Management LLC increased its stake in shares of T-Mobile US by 1.2% in the first quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after acquiring an additional 41 shares during the last quarter. Weaver Capital Management LLC increased its stake in shares of T-Mobile US by 0.6% in the second quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after acquiring an additional 42 shares during the last quarter. Finally, Bank of Stockton increased its stake in shares of T-Mobile US by 1.2% in the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after acquiring an additional 44 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Up 1.1%

T-Mobile US stock opened at $228.79 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The company has a market capitalization of $257.48 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 1.56 and a beta of 0.59. T-Mobile US, Inc. has a one year low of $208.39 and a one year high of $276.49. The company’s fifty day moving average price is $243.36 and its two-hundred day moving average price is $242.89.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping the consensus estimate of $2.69 by $0.15. The firm had revenue of $21.13 billion for the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business’s quarterly revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.49 earnings per share. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.8%. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio is currently 33.21%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the company’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $226.17, for a total transaction of $14,571,228.42. Following the completion of the sale, the director directly owned 628,039,751 shares in the company, valued at $142,043,750,483.67. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 2,499,001 shares of company stock worth $602,845,239 in the last three months. 0.37% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TMUS shares. Moffett Nathanson upped their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Royal Bank Of Canada upped their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. Redburn Atlantic raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Bank of America started coverage on shares of T-Mobile US in a research note on Monday, July 7th. They issued a “neutral” rating and a $255.00 price target on the stock. Finally, JPMorgan Chase & Co. upped their price target on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $265.13.

Check Out Our Latest Stock Analysis on T-Mobile US

T-Mobile US Profile

(Free Report)

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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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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