Total Wealth Planning & Management Inc. Acquires Shares of 3,715 T-Mobile US, Inc. $TMUS

Total Wealth Planning & Management Inc. purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 3,715 shares of the Wireless communications provider’s stock, valued at approximately $754,000.

Other institutional investors have also modified their holdings of the company. JDM Financial Group LLC raised its holdings in shares of T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the period. Turning Point Benefit Group Inc. raised its holdings in shares of T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after acquiring an additional 153 shares during the period. United Community Bank raised its holdings in shares of T-Mobile US by 78.8% during the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 82 shares during the period. Ares Financial Consulting LLC purchased a new position in shares of T-Mobile US during the 4th quarter worth $38,000. Finally, WHI TRUST Co LLC purchased a new position in shares of T-Mobile US during the 4th quarter worth $41,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on TMUS. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Wolfe Research reiterated an “outperform” rating and set a $255.00 price target on shares of T-Mobile US in a report on Thursday, February 12th. Citigroup lifted their price target on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Finally, Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price target on the stock in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $260.48.

Read Our Latest Research Report on TMUS

T-Mobile US Stock Down 2.4%

Shares of NASDAQ:TMUS opened at $177.02 on Friday. The business has a 50-day moving average price of $194.31 and a 200 day moving average price of $200.85. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $191.57 billion, a price-to-earnings ratio of 18.83, a PEG ratio of 1.06 and a beta of 0.31. T-Mobile US, Inc. has a 12-month low of $174.02 and a 12-month high of $261.56.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the company earned $2.58 EPS. Sell-side analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is presently 43.40%.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Insider Buying and Selling

In other T-Mobile US news, insider Andre Almeida acquired 5,097 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average cost of $196.18 per share, with a total value of $999,929.46. Following the transaction, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the firm’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the sale, the insider directly owned 181,930 shares of the company’s stock, valued at $35,623,713.30. The trade was a 2.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.32% of the company’s stock.

About T-Mobile US

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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