Obsidian Personal Planning Solutions LLC Acquires New Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Obsidian Personal Planning Solutions LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 1,053 shares of the Wireless communications provider’s stock, valued at approximately $235,000.

Other large investors also recently bought and sold shares of the company. KPP Advisory Services LLC lifted its holdings in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock worth $360,000 after buying an additional 45 shares during the period. DT Investment Partners LLC raised its position in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares in the last quarter. Davis Investment Partners LLC raised its position in shares of T-Mobile US by 0.6% in the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock worth $1,711,000 after acquiring an additional 51 shares in the last quarter. Barden Capital Management Inc. raised its position in shares of T-Mobile US by 0.8% in the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after acquiring an additional 54 shares in the last quarter. Finally, Compton Wealth Advisory Group LLC raised its position in shares of T-Mobile US by 0.4% in the 2nd quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after acquiring an additional 56 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 1,572 shares of the stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the transaction, the director now owns 1,824,632 shares of the company’s stock, valued at $357,627,872. This represents a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction that occurred on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 464,924 shares of company stock valued at $97,427,925 over the last quarter. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $235.61 on Friday. The company has a market capitalization of $273.42 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.20 and a beta of 0.50. The business’s 50 day moving average is $215.88 and its two-hundred day moving average is $192.64. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 12-month low of $147.07 and a 12-month high of $242.43.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.82 earnings per share. Analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.49%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio is currently 29.65%.

Analyst Ratings Changes

TMUS has been the subject of several recent research reports. Wells Fargo & Company boosted their price target on T-Mobile US from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Tigress Financial upped their target price on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Oppenheimer upped their target price on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Evercore ISI upped their target price on T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Finally, Daiwa America raised T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $241.83.

T-Mobile US 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.