Guidance Capital Inc. Boosts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Guidance Capital Inc. lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,326 shares of the Wireless communications provider’s stock after acquiring an additional 932 shares during the period. Guidance Capital Inc.’s holdings in T-Mobile US were worth $1,490,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Private Wealth Management Group LLC purchased a new stake in T-Mobile US in the 4th quarter valued at about $27,000. Valley National Advisers Inc. raised its holdings in T-Mobile US by 232.1% in the 4th quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 123 shares during the period. Baker Avenue Asset Management LP raised 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 buying an additional 81 shares during the period. Bay Harbor Wealth Management LLC purchased a new stake in T-Mobile US in the 4th quarter valued at about $34,000. Finally, Raleigh Capital Management Inc. raised its holdings in T-Mobile US by 54.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 90 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Bank of America boosted their price objective on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a report on Monday, June 10th. Royal Bank of Canada boosted their price objective on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. StockNews.com raised T-Mobile US from a “hold” rating to a “buy” rating in a research report on Thursday, June 13th. Finally, KeyCorp lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Fourteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $190.36.

T-Mobile US Stock Down 0.7 %

TMUS traded down $1.24 on Friday, reaching $176.18. The company’s stock had a trading volume of 5,172,283 shares, compared to its average volume of 6,700,324. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a fifty-two week low of $131.47 and a fifty-two week high of $182.67. The stock has a 50 day moving average of $169.84 and a two-hundred day moving average of $164.50. The company has a market capitalization of $206.46 billion, a price-to-earnings ratio of 23.97, a P/E/G ratio of 0.69 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The company’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.58 earnings per share. As a group, analysts forecast that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.48%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 133,461 shares of the stock in a transaction on Friday, June 28th. The stock was sold at an average price of $176.82, for a total transaction of $23,598,574.02. Following the sale, the director now owns 670,278,284 shares of the company’s stock, valued at $118,518,606,176.88. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. In other news, Director Telekom Ag Deutsche sold 133,461 shares of the firm’s stock in a transaction dated Friday, June 28th. The stock was sold at an average price of $176.82, for a total value of $23,598,574.02. Following the transaction, the director now directly owns 670,278,284 shares in the company, valued at approximately $118,518,606,176.88. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Dara Bazzano sold 4,300 shares of the firm’s stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $179.78, for a total value of $773,054.00. Following the completion of the transaction, the chief accounting officer now owns 6,202 shares in the company, valued at $1,114,995.56. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,779,170 shares of company stock valued at $1,133,297,126. Insiders own 0.67% of the company’s stock.

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.