Shelton Wealth Management LLC Grows Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Shelton Wealth Management LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,063 shares of the Wireless communications provider’s stock after purchasing an additional 56 shares during the period. Shelton Wealth Management LLC’s holdings in T-Mobile US were worth $1,118,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Moors & Cabot Inc. lifted its position in shares of T-Mobile US by 108.1% in the 2nd quarter. Moors & Cabot Inc. now owns 3,637 shares of the Wireless communications provider’s stock worth $641,000 after purchasing an additional 1,889 shares during the period. Mercer Global Advisors Inc. ADV lifted its stake in shares of T-Mobile US by 1.7% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 46,731 shares of the Wireless communications provider’s stock valued at $8,233,000 after purchasing an additional 761 shares during the period. Argent Trust Co boosted its position in shares of T-Mobile US by 2.4% during the second quarter. Argent Trust Co now owns 5,535 shares of the Wireless communications provider’s stock valued at $975,000 after purchasing an additional 129 shares in the last quarter. Intech Investment Management LLC grew its stake in T-Mobile US by 30.6% in the second quarter. Intech Investment Management LLC now owns 83,837 shares of the Wireless communications provider’s stock worth $14,770,000 after purchasing an additional 19,639 shares during the period. Finally, Ieq Capital LLC raised its holdings in T-Mobile US by 11.7% in the second quarter. Ieq Capital LLC now owns 34,116 shares of the Wireless communications provider’s stock worth $6,011,000 after purchasing an additional 3,567 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Performance

Shares of TMUS opened at $218.97 on Friday. The firm has a 50-day moving average price of $229.26 and a 200 day moving average price of $209.98. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $248.15. The firm has a market capitalization of $254.11 billion, a PE ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter last year, the firm earned $1.82 earnings per share. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on TMUS. Morgan Stanley began coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target on the stock. UBS Group increased their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Barclays lifted their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Benchmark upped their target price on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Scotiabank increased their target price on T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Seven analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $245.74.

Insider Buying and Selling

In other news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares in the company, valued at $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. The trade was a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 164,200 shares of company stock worth $37,407,303 in the last quarter. 0.67% of the stock is currently owned by company insiders.

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.