T-Mobile US, Inc. $TMUS Shares Bought by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 640,661 shares of the Wireless communications provider’s stock after purchasing an additional 44,813 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in T-Mobile US were worth $127,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also made changes to their positions in TMUS. Howard Hughes Medical Institute bought a new position in T-Mobile US during the 2nd quarter worth $25,000. United Community Bank lifted its stake in T-Mobile US by 131.1% in the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the last quarter. Elevation Wealth Partners LLC boosted its holdings in shares of T-Mobile US by 190.0% during the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 76 shares during the period. CoreFirst Bank & Trust bought a new position in shares of T-Mobile US during the second quarter worth about $31,000. Finally, Kilter Group LLC bought a new position in shares of T-Mobile US during the second quarter worth about $34,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.9%

T-Mobile US stock opened at $208.47 on Friday. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $272.60. The stock has a market cap of $229.70 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 1.36 and a beta of 0.43. The company’s 50-day moving average price is $205.25 and its two-hundred day moving average price is $213.02. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

Insider Activity

In other news, CFO Peter Osvaldik sold 27,000 shares of T-Mobile US stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer directly owned 51,573 shares in the company, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Srikant M. Datar sold 3,291 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the sale, the director owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 694,134 shares of company stock valued at $150,847,799 over the last 90 days. Corporate insiders own 0.37% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of analyst reports. Zacks Research raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Scotiabank dropped their price target on shares of T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating on the stock in a research note on Thursday, February 12th. Royal Bank Of Canada cut their price target on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a report on Thursday, February 19th. Finally, Wolfe Research restated an “outperform” rating and issued a $255.00 target price on shares of T-Mobile US in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $257.30.

T-Mobile US Profile

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.