T-Mobile US, Inc. $TMUS Stake Increased by Asset One Wealth Management LLC

Asset One Wealth Management LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,394 shares of the Wireless communications provider’s stock after purchasing an additional 4,135 shares during the period. Asset One Wealth Management LLC’s holdings in T-Mobile US were worth $3,652,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sachetta LLC lifted its stake in shares of T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after buying an additional 55 shares in the last quarter. Legacy Wealth Asset Management LLC raised its position in T-Mobile US by 1.2% in the 2nd quarter. Legacy Wealth Asset Management LLC now owns 4,844 shares of the Wireless communications provider’s stock valued at $812,000 after purchasing an additional 56 shares in the last quarter. Heartland Bank & Trust Co increased its position in T-Mobile US by 3.5% in the 1st quarter. Heartland Bank & Trust Co now owns 1,841 shares of the Wireless communications provider’s stock valued at $387,000 after acquiring an additional 62 shares during the period. CGN Advisors LLC raised its holdings in shares of T-Mobile US by 0.6% in the second quarter. CGN Advisors LLC now owns 10,909 shares of the Wireless communications provider’s stock worth $1,830,000 after acquiring an additional 64 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of T-Mobile US by 0.5% during the third quarter. GAMMA Investing LLC now owns 12,108 shares of the Wireless communications provider’s stock valued at $1,975,000 after purchasing an additional 66 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Trending Headlines about T-Mobile US

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

• Positive Sentiment: T-Mobile launched T-Mix customizable wireless plans and 5 Gig fiber service, with a 10-year price guarantee on the fiber offer. The products could help attract and retain customers and encourage bundled services, but their contribution to results remains to be seen. Article: T Mobile US Launches T Mix And 5 Gig Fiber
• Neutral Sentiment: Zacks highlighted TMUS as a value stock, while other coverage described it as a long-term growth stock. These are investment-style assessments rather than new company or earnings developments. Article: Here’s Why T-Mobile Is a Strong Value Stock
• Negative Sentiment: ETFs were net sellers of T-Mobile shares on Nov. 3, selling $24.5 million overall. The report noted that 32 funds bought shares and nine sold, so the flow data offers a limited signal rather than clear broad-based selling pressure. Article: ETFs Are Net Sellers of T-Mobile

T-Mobile US Price Performance

T-Mobile US stock opened at $162.01 on Friday. The business has a 50 day simple moving average of $164.96 and a 200 day simple moving average of $186.19. The company has a market capitalization of $171.61 billion, a PE ratio of 15.64, a price-to-earnings-growth ratio of 0.93 and a beta of 0.40. T-Mobile US, Inc. has a one year low of $143.75 and a one year high of $224.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.91 and a quick ratio of 0.78.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.89 by $0.33. The business had revenue of $23.58 billion during the quarter, compared to the consensus estimate of $23.15 billion. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $2.41 EPS. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 11.44 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be given a $1.17 dividend. This represents a $4.68 dividend on an annualized basis and a dividend yield of 2.9%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. The ex-dividend date is Wednesday, November 25th. T-Mobile US’s payout ratio is currently 39.38%.

Analysts Set New Price Targets

A number of brokerages have commented on TMUS. KeyCorp decreased their price objective on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a report on Thursday, October 29th. Scotiabank boosted their target price on T-Mobile US from $212.00 to $214.00 and gave the stock a “sector outperform” rating in a research report on Thursday, October 29th. Barclays decreased their target price on shares of T-Mobile US from $215.00 to $200.00 and set an “overweight” rating for the company in a research note on Tuesday, September 29th. UBS Group dropped their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a report on Friday, July 24th. Finally, Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a research note on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $238.25.

Insider Activity

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the transaction, the chief accounting officer directly owned 35,118 shares of the company’s stock, valued at approximately $6,262,592.94. This trade represents a 2.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 0.32% of the company’s stock.

T-Mobile US Company Profile

T-Mobile US, Inc is a wireless communications provider serving consumers, businesses and government customers in the United States. Its services include wireless voice, messaging and data, as well as broadband internet delivered over its wireless network.

The company offers service under the T-Mobile and Metro by T-Mobile brands. Its products and services include mobile plans, smartphones and other connected devices, home internet, and solutions for business customers.

T-Mobile traces its roots to VoiceStream Wireless, which Deutsche Telekom acquired in 2001.