Kestra Private Wealth Services LLC Increases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Kestra Private Wealth Services LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,068 shares of the Wireless communications provider’s stock after purchasing an additional 1,279 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in T-Mobile US were worth $3,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of TMUS. DT Investment Partners LLC raised its position in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares in the last quarter. Dunhill Financial LLC increased its position in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. MFA Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares in the last quarter. Financial Life Planners bought a new stake in T-Mobile US in the 4th quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the third quarter worth approximately $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 3.9 %

Shares of NASDAQ TMUS opened at $255.83 on Tuesday. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $256.48. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The firm has a 50-day moving average of $225.96 and a 200 day moving average of $215.97. The stock has a market cap of $292.09 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Insider Transactions at T-Mobile US

In other news, Director Andre Almeida acquired 3,808 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the transaction, the director now owns 3,808 shares of the company’s stock, valued at $897,621.76. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 3,100 shares of company stock valued at $747,378. Insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on TMUS. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target on the stock. The Goldman Sachs Group boosted their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Wells Fargo & Company raised their price objective on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research note on Thursday, January 30th. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a report on Thursday, December 12th. Finally, Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $251.79.

T-Mobile US Company Profile

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.