Keeler Thomas Management LLC Buys Shares of 8,431 T-Mobile US, Inc. $TMUS

Keeler Thomas Management LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 8,431 shares of the Wireless communications provider’s stock, valued at approximately $2,009,000. T-Mobile US comprises approximately 0.9% of Keeler Thomas Management LLC’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Hohimer Wealth Management LLC lifted its holdings in T-Mobile US by 2.3% in the first quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock valued at $480,000 after buying an additional 41 shares during the period. Journey Strategic Wealth LLC boosted its stake in 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 valued at $273,000 after acquiring an additional 41 shares during the last quarter. Angeles Wealth Management LLC boosted its stake in 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 valued at $888,000 after acquiring an additional 41 shares during the last quarter. Weaver Capital Management LLC boosted its stake in 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 valued at $1,605,000 after acquiring an additional 42 shares during the last quarter. Finally, Bank of Stockton boosted its stake in 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 valued at $906,000 after acquiring an additional 44 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 target price on the stock in a report on Monday, July 7th. 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 research note on Monday, July 7th. Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a report on Friday. Hsbc Global Res upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday. Finally, Scotiabank lifted their price objective on T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $268.22.

T-Mobile US Stock Down 1.0%

TMUS stock opened at $217.77 on Friday. The business’s 50 day simple moving average is $239.30 and its 200 day simple moving average is $240.66. The firm has a market capitalization of $245.08 billion, a PE ratio of 20.94, a PEG ratio of 1.51 and a beta of 0.59. The company has a current ratio of 0.89, a quick ratio of 1.13 and a debt-to-equity ratio of 1.37. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company’s revenue was up 8.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.61 EPS. As a group, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Wednesday, November 26th. T-Mobile US’s dividend payout ratio is presently 39.23%.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was 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 owned 582,220,759 shares in the company, valued at $131,680,869,063.03. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 2,389,677 shares of company stock worth $575,795,321 in the last ninety days. Insiders own 0.37% of the company’s stock.

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.