Power Wealth Management LLC Invests $416,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Power Wealth Management LLC bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,595 shares of the Wireless communications provider’s stock, valued at approximately $416,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC boosted its holdings in shares of T-Mobile US by 8.2% in the 3rd quarter. Commonwealth Equity Services LLC now owns 134,109 shares of the Wireless communications provider’s stock worth $18,782,000 after purchasing an additional 10,208 shares in the last quarter. FinTrust Capital Advisors LLC grew its position in T-Mobile US by 16.6% during the third quarter. FinTrust Capital Advisors LLC now owns 1,245 shares of the Wireless communications provider’s stock valued at $174,000 after acquiring an additional 177 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its stake in shares of T-Mobile US by 14.9% during the third quarter. Raymond James Financial Services Advisors Inc. now owns 213,069 shares of the Wireless communications provider’s stock worth $29,840,000 after acquiring an additional 27,581 shares in the last quarter. Simon Quick Advisors LLC bought a new stake in shares of T-Mobile US in the 3rd quarter worth approximately $272,000. Finally, Stratos Wealth Partners LTD. boosted its stake in shares of T-Mobile US by 14.8% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 10,880 shares of the Wireless communications provider’s stock valued at $1,524,000 after purchasing an additional 1,406 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. TD Cowen decreased their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. KeyCorp boosted their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Oppenheimer restated an “outperform” rating and set a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. Tigress Financial lifted their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. Finally, Morgan Stanley increased their price objective on T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research note on Monday, January 29th. One investment analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $186.33.

Insider Activity

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the transaction, the insider now owns 102,555 shares in the company, valued at $17,274,364.20. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the sale, the insider now owns 102,555 shares in the company, valued at $17,274,364.20. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction that occurred on Friday, May 3rd. The shares were sold at an average price of $164.63, for a total transaction of $31,225,372.10. Following the transaction, the director now owns 677,158,691 shares of the company’s stock, valued at $111,480,635,299.33. The disclosure for this sale can be found here. Insiders sold a total of 6,359,509 shares of company stock worth $1,033,407,661 in the last quarter. 0.70% of the stock is owned by company insiders.

T-Mobile US Trading Down 0.2 %

T-Mobile US stock traded down $0.31 during mid-day trading on Friday, reaching $164.60. 4,274,939 shares of the company traded hands, compared to its average volume of 4,389,829. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. T-Mobile US, Inc. has a 52-week low of $124.92 and a 52-week high of $168.64. The firm has a market capitalization of $192.89 billion, a price-to-earnings ratio of 22.39, a P/E/G ratio of 0.64 and a beta of 0.48. The firm’s 50 day moving average price is $162.69 and its 200 day moving average price is $157.76.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter in the previous year, the company earned $1.58 earnings per share. T-Mobile US’s quarterly revenue was down .2% on a year-over-year basis. On average, analysts anticipate that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio is currently 35.37%.

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.