Fluent Financial LLC Has $3.15 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Fluent Financial LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 569.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 17,889 shares of the Wireless communications provider’s stock after buying an additional 15,216 shares during the quarter. T-Mobile US makes up approximately 1.6% of Fluent Financial LLC’s investment portfolio, making the stock its 25th largest position. Fluent Financial LLC’s holdings in T-Mobile US were worth $3,152,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Aveo Capital Partners LLC grew its position in shares of T-Mobile US by 6.5% in the fourth quarter. Aveo Capital Partners LLC now owns 2,250 shares of the Wireless communications provider’s stock valued at $361,000 after purchasing an additional 137 shares during the last quarter. Spire Wealth Management grew its position in shares of T-Mobile US by 19.0% in the fourth quarter. Spire Wealth Management now owns 4,646 shares of the Wireless communications provider’s stock valued at $767,000 after purchasing an additional 742 shares during the last quarter. Lincoln National Corp grew its position in shares of T-Mobile US by 19.8% in the fourth quarter. Lincoln National Corp now owns 4,830 shares of the Wireless communications provider’s stock valued at $774,000 after purchasing an additional 798 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of T-Mobile US by 23.2% in the fourth quarter. Apollon Wealth Management LLC now owns 9,311 shares of the Wireless communications provider’s stock valued at $1,493,000 after purchasing an additional 1,754 shares during the last quarter. Finally, Pinnacle Wealth Management Advisory Group LLC grew its position in shares of T-Mobile US by 7.3% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,625 shares of the Wireless communications provider’s stock valued at $261,000 after purchasing an additional 111 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

TMUS has been the topic of several research reports. TD Cowen upped their target price on T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a research report on Thursday, August 1st. Citigroup upped their target price on T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Benchmark boosted their price target on T-Mobile US from $200.00 to $220.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. The Goldman Sachs Group started coverage on T-Mobile US in a research note on Monday, July 1st. They issued a “buy” rating and a $200.00 price target for the company. Finally, StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. One analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $198.63.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 227,604 shares of the stock in a transaction on Monday, June 10th. The stock was sold at an average price of $180.75, for a total value of $41,139,423.00. Following the completion of the transaction, the director now directly owns 672,113,469 shares in the company, valued at approximately $121,484,509,521.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In related news, Director Raul Marcelo Claure sold 2,706 shares of the stock in a transaction on Monday, August 26th. The stock was sold at an average price of $200.11, for a total value of $541,497.66. Following the completion of the sale, the director now directly owns 1,826,204 shares in the company, valued at $365,441,682.44. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 227,604 shares of the stock in a transaction on Monday, June 10th. The shares were sold at an average price of $180.75, for a total value of $41,139,423.00. Following the completion of the sale, the director now owns 672,113,469 shares of the company’s stock, valued at $121,484,509,521.75. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,336,950 shares of company stock worth $239,882,745. Insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

NASDAQ TMUS traded down $2.09 on Friday, hitting $195.09. 630,011 shares of the company’s stock were exchanged, compared to its average volume of 4,599,250. The stock has a 50-day moving average of $187.81 and a 200-day moving average of $173.71. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a 52 week low of $134.50 and a 52 week high of $205.28. The stock has a market cap of $228.62 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.61 billion. During the same period in the prior year, the company earned $1.86 EPS. T-Mobile US’s revenue was up 3.0% compared to the same quarter last year. Analysts expect that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Friday, August 30th. T-Mobile US’s payout ratio is 35.37%.

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.