BSW Wealth Partners Grows Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

BSW Wealth Partners grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.9% during the 3rd quarter, Holdings Channel.com reports. The firm owned 3,115 shares of the Wireless communications provider’s stock after purchasing an additional 450 shares during the quarter. BSW Wealth Partners’ holdings in T-Mobile US were worth $643,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. WASHINGTON TRUST Co increased its stake in T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the last quarter. DT Investment Partners LLC grew its holdings in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. Summit Securities Group LLC acquired a new position in shares of T-Mobile US during the 2nd quarter valued at about $27,000. Y.D. More Investments Ltd purchased a new position in shares of T-Mobile US during the 2nd quarter worth about $27,000. Finally, MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the transaction, the director now directly owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In related news, EVP Deeanne King sold 15,437 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the sale, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at $6,761,720. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the sale, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 359,261 shares of company stock worth $72,263,430 in the last three months. 0.67% of the stock is owned by insiders.

T-Mobile US Stock Up 0.1 %

TMUS traded up $0.12 during trading hours on Friday, reaching $223.28. 2,922,071 shares of the stock traded hands, compared to its average volume of 3,705,053. T-Mobile US, Inc. has a fifty-two week low of $143.90 and a fifty-two week high of $234.56. The company has a market cap of $259.11 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 1.14 and a beta of 0.50. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The firm’s fifty day simple moving average is $208.90 and its two-hundred day simple moving average is $187.65.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. During the same period last year, the firm earned $1.82 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. As a group, analysts forecast that T-Mobile US, Inc. will post 9.36 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio (DPR) is 29.65%.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research analyst reports. TD Cowen upped their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Bank of America upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Daiwa America upgraded T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, UBS Group lifted their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $241.83.

About T-Mobile US

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.