Atria Investments Inc Has $4 Million Holdings in T-Mobile US, Inc. $TMUS

Atria Investments Inc decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 15.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 16,767 shares of the Wireless communications provider’s stock after selling 3,086 shares during the period. Atria Investments Inc’s holdings in T-Mobile US were worth $3,995,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Activest Wealth Management boosted 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 acquiring an additional 94 shares in the last quarter. Missouri Trust & Investment Co boosted its position in shares of T-Mobile US by 807.7% during the 2nd 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 in the last quarter. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $29,000. TCTC Holdings LLC boosted its position in shares of T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after acquiring an additional 77 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $47,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $210.05 on Friday. The business’s 50-day moving average price is $235.18 and its 200-day moving average price is $238.96. T-Mobile US, Inc. has a 12 month low of $207.64 and a 12 month high of $276.49. The firm has a market capitalization of $234.94 billion, a price-to-earnings ratio of 20.20, 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 0.80 and a debt-to-equity ratio of 1.37.

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

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This is a positive change 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 1.9%. T-Mobile US’s payout ratio is 39.23%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Scotiabank lifted their target price on T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research report on Monday, October 6th. KeyCorp reiterated an “underweight” rating and issued a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, July 9th. Moffett Nathanson lifted their target price on T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. BNP Paribas Exane lifted their target price on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Finally, DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. Three analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.63.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 1,374 shares of T-Mobile US stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the sale, the director directly owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. This trade represents a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold 2,322,741 shares of company stock worth $556,959,972 over the last quarter. Company 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.