Chesley Taft & Associates LLC Acquires 115 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Chesley Taft & Associates LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.4% during the 1st quarter, Holdings Channel reports. The firm owned 26,783 shares of the Wireless communications provider’s stock after buying an additional 115 shares during the period. Chesley Taft & Associates LLC’s holdings in T-Mobile US were worth $4,372,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TMUS. Private Wealth Management Group LLC purchased a new stake in T-Mobile US during the 4th quarter valued at approximately $27,000. Valley National Advisers Inc. grew its stake in T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 123 shares in the last quarter. Baker Avenue Asset Management LP increased its holdings in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in T-Mobile US in the 4th quarter worth $34,000. Finally, Rise Advisors LLC bought a new position in shares of T-Mobile US during the 1st quarter valued at about $39,000. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a report on Wednesday, May 29th. Bank of America increased their target price on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, June 10th. Citigroup boosted their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. TD Cowen lowered their price objective on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Finally, StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Thursday, June 13th. Fourteen equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $190.36.

T-Mobile US Trading Up 0.6 %

Shares of NASDAQ TMUS traded up $1.11 during midday trading on Thursday, hitting $177.42. The company’s stock had a trading volume of 3,155,699 shares, compared to its average volume of 4,907,631. The business’s 50 day moving average is $169.23 and its two-hundred day moving average is $164.26. The firm has a market cap of $207.91 billion, a P/E ratio of 24.02, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 12-month low of $131.47 and a 12-month high of $182.67.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.58 earnings per share. As a group, equities research analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Insider Activity

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Monday, April 1st. The stock was sold at an average price of $162.39, for a total transaction of $30,800,511.30. Following the completion of the sale, the director now directly owns 681,616,136 shares of the company’s stock, valued at approximately $110,687,644,325.04. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $162.39, for a total transaction of $30,800,511.30. Following the transaction, the director now owns 681,616,136 shares of the company’s stock, valued at approximately $110,687,644,325.04. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,512,248 shares of company stock valued at $1,086,228,100. Corporate insiders own 0.67% of the company’s stock.

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.