T-Mobile US, Inc. $TMUS Shares Sold by 180 Wealth Advisors LLC

180 Wealth Advisors LLC lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 8.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,902 shares of the Wireless communications provider’s stock after selling 858 shares during the quarter. 180 Wealth Advisors LLC’s holdings in T-Mobile US were worth $2,359,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. GAMMA Investing LLC boosted its holdings in shares of T-Mobile US by 10.2% in the first quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider’s stock valued at $3,054,000 after acquiring an additional 1,059 shares in the last quarter. Consolidated Portfolio Review Corp acquired a new stake in T-Mobile US in the first quarter valued at about $230,000. Moran Wealth Management LLC boosted its holdings in T-Mobile US by 3.5% in the 1st quarter. Moran Wealth Management LLC now owns 19,166 shares of the Wireless communications provider’s stock valued at $5,112,000 after purchasing an additional 656 shares in the last quarter. Lecap Asset Management Ltd. acquired a new position in T-Mobile US during the 1st quarter worth approximately $770,000. Finally, Spire Wealth Management increased its position in T-Mobile US by 226.0% during the 1st quarter. Spire Wealth Management now owns 5,712 shares of the Wireless communications provider’s stock worth $1,523,000 after purchasing an additional 3,960 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $226.17, for a total value of $14,571,228.42. Following the completion of the transaction, the director owned 582,220,759 shares of the company’s stock, valued at approximately $131,680,869,063.03. The trade was a 0.01% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last three months, insiders sold 2,389,677 shares of company stock worth $575,795,321. Company insiders own 0.37% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on TMUS shares. Morgan Stanley lifted their price target on T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. BNP Paribas Exane upped their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a research report on Wednesday, October 1st. The Goldman Sachs Group began coverage on T-Mobile US in a research note on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price target on the stock. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $268.71.

T-Mobile US Stock Down 3.3%

TMUS stock opened at $219.99 on Friday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The company’s 50 day simple moving average is $240.04 and its 200-day simple moving average is $240.85. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. The firm has a market capitalization of $247.58 billion, a PE ratio of 20.75, a P/E/G ratio of 1.56 and a beta of 0.59.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.61 EPS. Equities analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.9%. T-Mobile US’s dividend payout ratio is 33.21%.

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.