Total Wealth Planning & Management Inc. Invests $754,000 in T-Mobile US, Inc. $TMUS

Total Wealth Planning & Management Inc. acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 3,715 shares of the Wireless communications provider’s stock, valued at approximately $754,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JDM Financial Group LLC grew its stake in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 65 shares during the period. Turning Point Benefit Group Inc. grew its stake in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares during the period. United Community Bank grew its stake in shares of T-Mobile US by 78.8% during the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 82 shares during the period. Ares Financial Consulting LLC acquired a new stake in shares of T-Mobile US during the 4th quarter worth approximately $38,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of T-Mobile US during the 3rd quarter worth approximately $45,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Trading Down 2.4%

Shares of NASDAQ:TMUS opened at $177.02 on Friday. T-Mobile US, Inc. has a 1 year low of $174.02 and a 1 year high of $261.56. The firm has a market capitalization of $191.57 billion, a price-to-earnings ratio of 18.83, a price-to-earnings-growth ratio of 1.06 and a beta of 0.31. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. The business’s 50 day moving average price is $194.31 and its 200-day moving average price is $200.85.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business’s revenue was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.58 EPS. On average, equities research analysts forecast that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TMUS. KeyCorp raised shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective on the stock in a research note on Monday, April 13th. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price on the stock in a research report on Wednesday, April 8th. Arete Research increased their target price on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, May 5th. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Finally, Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $260.48.

Get Our Latest Research Report on TMUS

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, COO Jon Freier sold 4,799 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the transaction, the chief operating officer owned 217,168 shares in the company, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the transaction, the insider owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.32% of the stock is currently owned by insiders.

T-Mobile US Company Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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

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