Total Clarity Wealth Management Inc. Boosts Stock Holdings in T-Mobile US, Inc. $TMUS

Total Clarity Wealth Management Inc. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 196.3% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 3,991 shares of the Wireless communications provider’s stock after buying an additional 2,644 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in T-Mobile US were worth $955,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of TMUS. Allworth Financial LP grew its position in shares of T-Mobile US by 14.2% during the second quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider’s stock worth $1,556,000 after acquiring an additional 810 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in T-Mobile US by 4.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock valued at $107,884,000 after purchasing an additional 19,486 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its stake in T-Mobile US by 7.8% during the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock valued at $49,014,000 after purchasing an additional 14,800 shares during the period. Varma Mutual Pension Insurance Co grew its position in T-Mobile US by 8.8% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock worth $19,849,000 after purchasing an additional 6,700 shares during the last quarter. Finally, Longbow Finance SA increased its stake in shares of T-Mobile US by 22.2% in the third quarter. Longbow Finance SA now owns 31,948 shares of the Wireless communications provider’s stock valued at $7,648,000 after purchasing an additional 5,805 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting T-Mobile US

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

T-Mobile US Price Performance

NASDAQ TMUS opened at $218.66 on Thursday. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $276.49. The company has a market cap of $240.93 billion, a PE ratio of 22.52, a PEG ratio of 1.44 and a beta of 0.44. The stock’s 50-day moving average price is $200.03 and its two-hundred day moving average price is $217.54.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

Analyst Upgrades and Downgrades

TMUS has been the topic of several recent analyst reports. Citigroup cut their target price on T-Mobile US from $268.00 to $220.00 and set a “neutral” rating on the stock in a research note on Friday, December 19th. UBS Group restated a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Argus decreased their price objective on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating for the company in a report on Tuesday, December 9th. BNP Paribas Exane lowered their price objective on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Finally, Zacks Research upgraded T-Mobile US from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $257.09.

Read Our Latest Report on T-Mobile US

Insider Transactions at T-Mobile US

In other news, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. The trade was a 34.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Letitia A. Long sold 1,457 shares of the company’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the transaction, the director directly owned 5,438 shares in the company, valued at $1,143,720.16. The trade was a 21.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 692,300 shares of company stock worth $150,426,595. 0.37% of the stock is currently owned by insiders.

About T-Mobile US

(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.

Further Reading

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

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