1,361 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by TFB Advisors LLC

TFB Advisors LLC acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 1,361 shares of the Wireless communications provider’s stock, valued at approximately $225,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. Baker Avenue Asset Management LP raised its holdings in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 81 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its position in shares of T-Mobile US by 0.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 37,093 shares of the Wireless communications provider’s stock valued at $5,195,000 after purchasing an additional 302 shares during the period. Moneta Group Investment Advisors LLC purchased a new stake in shares of T-Mobile US in the third quarter valued at $221,000. First Foundation Advisors grew its position in shares of T-Mobile US by 13.5% in the third quarter. First Foundation Advisors now owns 1,987 shares of the Wireless communications provider’s stock valued at $278,000 after purchasing an additional 237 shares during the period. Finally, Creative Planning grew its position in shares of T-Mobile US by 3.0% in the third quarter. Creative Planning now owns 108,606 shares of the Wireless communications provider’s stock valued at $15,210,000 after purchasing an additional 3,139 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CAO Dara Bazzano sold 4,300 shares of the stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the completion of the transaction, the chief accounting officer now directly owns 6,202 shares of the company’s stock, valued at approximately $1,114,995.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. In related news, CAO Dara Bazzano sold 4,300 shares of the stock in a transaction that occurred on Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the completion of the transaction, the chief accounting officer now directly owns 6,202 shares of the company’s stock, valued at approximately $1,114,995.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Monday, July 1st. The stock was sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the transaction, the insider now directly owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The disclosure for this sale can be found here. Insiders sold 5,849,587 shares of company stock valued at $983,194,872 in the last three months. 0.67% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TMUS shares. TD Cowen lowered their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday, April 26th. The Goldman Sachs Group started coverage on T-Mobile US in a research report on Monday, July 1st. They set a “buy” rating and a $200.00 price target for the company. Royal Bank of Canada boosted their price target on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research report on Friday, April 26th. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, May 29th. Finally, StockNews.com downgraded T-Mobile US from a “buy” rating to a “hold” rating in a research report on Wednesday, July 3rd. One analyst has rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, T-Mobile US currently has an average rating of “Buy” and a consensus target price of $190.79.

T-Mobile US Stock Up 0.8 %

Shares of NASDAQ:TMUS traded up $1.47 during trading on Wednesday, hitting $180.52. The company’s stock had a trading volume of 3,338,034 shares, compared to its average volume of 4,801,107. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. T-Mobile US, Inc. has a fifty-two week low of $131.47 and a fifty-two week high of $182.67. The stock’s 50-day moving average price is $171.99 and its two-hundred day moving average price is $165.68. The company has a market capitalization of $211.54 billion, a PE ratio of 24.49, a PEG ratio of 0.70 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. T-Mobile US’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.58 earnings per share. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.44%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

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.