T-Mobile US, Inc. (NASDAQ:TMUS) Stake Boosted by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 28.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,124 shares of the Wireless communications provider’s stock after purchasing an additional 696 shares during the period. Arete Wealth Advisors LLC’s holdings in T-Mobile US were worth $690,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of TMUS. Signaturefd LLC raised its stake in T-Mobile US by 0.4% during the fourth quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider’s stock worth $2,499,000 after acquiring an additional 41 shares during the period. JSF Financial LLC raised its position in shares of T-Mobile US by 0.9% during the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider’s stock worth $1,117,000 after purchasing an additional 44 shares during the period. D Orazio & Associates Inc. lifted its holdings in shares of T-Mobile US by 3.7% in the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider’s stock worth $290,000 after purchasing an additional 47 shares during the last quarter. Warren Street Wealth Advisors LLC boosted its position in T-Mobile US by 4.3% during the 4th quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider’s stock valued at $252,000 after purchasing an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC grew its stake in T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock worth $284,000 after buying an additional 48 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 7.4 %

Shares of NASDAQ TMUS opened at $248.11 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. The company has a market cap of $283.28 billion, a price-to-earnings ratio of 25.66, a P/E/G ratio of 1.55 and a beta of 0.63. The business has a fifty day simple moving average of $257.41 and a 200-day simple moving average of $234.79.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS 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%. Sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.42%. T-Mobile US’s payout ratio is currently 36.40%.

Analyst Ratings Changes

TMUS has been the topic of a number of recent research reports. Benchmark reiterated a “buy” rating and issued a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Oppenheimer lifted their price target on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Finally, Royal Bank of Canada increased their price objective on T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $256.80.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares of the company’s stock, valued at approximately $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.67% of the stock is currently owned by 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.