T-Mobile US, Inc. $TMUS Stake Lifted by Hohimer Wealth Management LLC

Hohimer Wealth Management LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 44.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,095 shares of the Wireless communications provider’s stock after acquiring an additional 9,947 shares during the quarter. Hohimer Wealth Management LLC’s holdings in T-Mobile US were worth $5,234,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Main Street Group LTD purchased a new stake in shares of T-Mobile US during the 1st quarter worth approximately $25,000. Paladin Partners LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth approximately $25,000. Dunhill Financial LLC purchased a new position in T-Mobile US in the second quarter valued at approximately $27,000. Cornerstone Planning Group LLC lifted its stake in T-Mobile US by 112.2% in the first quarter. Cornerstone Planning Group LLC now owns 174 shares of the Wireless communications provider’s stock valued at $34,000 after purchasing an additional 92 shares during the last quarter. Finally, Highland Investment Advisors LLC purchased a new position in T-Mobile US in the second quarter valued at approximately $30,000. 42.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. The Goldman Sachs Group reduced their price objective on T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a report on Friday, September 25th. TD Cowen lowered their target price on T-Mobile US from $260.00 to $258.00 and set a “buy” rating on the stock in a research note on Thursday, October 29th. KeyCorp lowered their target price on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research note on Thursday, October 29th. Scotiabank upped their price target on T-Mobile US from $212.00 to $214.00 and gave the company a “sector outperform” rating in a research report on Thursday, October 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of T-Mobile US in a research note on Friday, September 11th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $238.25.

Insider Transactions at T-Mobile US

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total value of $137,670.76. Following the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at $6,262,592.94. This represents a 2.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.32% of the stock is owned by corporate insiders.

T-Mobile US News Roundup

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 Stock Performance

Shares of T-Mobile US stock opened at $162.01 on Monday. T-Mobile US, Inc. has a 12-month low of $143.75 and a 12-month high of $224.75. The company has a market cap of $171.61 billion, a price-to-earnings ratio of 15.64, a PEG ratio of 0.94 and a beta of 0.40. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The company’s 50-day moving average price is $164.96 and its 200-day moving average price is $186.19.

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

T-Mobile US Increases Dividend

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

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.