Atria Wealth Solutions Inc. Acquires 1,950 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Atria Wealth Solutions Inc. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,005 shares of the Wireless communications provider’s stock after buying an additional 1,950 shares during the period. Atria Wealth Solutions Inc.’s holdings in T-Mobile US were worth $3,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of TMUS. Foundations Investment Advisors LLC increased its holdings in T-Mobile US by 2.2% in the 3rd quarter. Foundations Investment Advisors LLC now owns 4,117 shares of the Wireless communications provider’s stock valued at $850,000 after acquiring an additional 90 shares during the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of T-Mobile US by 17.5% in the third quarter. Sequoia Financial Advisors LLC now owns 14,255 shares of the Wireless communications provider’s stock worth $2,942,000 after purchasing an additional 2,127 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of T-Mobile US by 7.0% in the third quarter. Private Advisor Group LLC now owns 24,235 shares of the Wireless communications provider’s stock worth $5,001,000 after purchasing an additional 1,592 shares during the last quarter. Greenleaf Trust lifted its position in shares of T-Mobile US by 1.6% in the third quarter. Greenleaf Trust now owns 9,424 shares of the Wireless communications provider’s stock worth $1,945,000 after buying an additional 152 shares in the last quarter. Finally, RAM Investment Partners LLC boosted its stake in T-Mobile US by 33.9% during the third quarter. RAM Investment Partners LLC now owns 1,782 shares of the Wireless communications provider’s stock valued at $368,000 after buying an additional 451 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TMUS shares. Sanford C. Bernstein assumed coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Scotiabank increased their price objective on shares of T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $251.79.

T-Mobile US Stock Up 0.8 %

NASDAQ:TMUS opened at $265.40 on Friday. The company has a market cap of $303.02 billion, a price-to-earnings ratio of 27.45, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $271.41. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a fifty day simple moving average of $230.32 and a 200-day simple moving average of $220.66.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. T-Mobile US’s payout ratio is 36.40%.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total transaction of $246,000.00. Following the transaction, the director now directly owns 4,021 shares in the company, valued at $989,166. This represents a 19.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Andre Almeida acquired 3,808 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders have sold a total of 3,100 shares of company stock valued at $747,378 over the last quarter. 0.67% of the stock is owned by corporate insiders.

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.