T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Phillips Wealth Planners LLC

Phillips Wealth Planners LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 21.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,658 shares of the Wireless communications provider’s stock after purchasing an additional 466 shares during the quarter. Phillips Wealth Planners LLC’s holdings in T-Mobile US were worth $584,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of TMUS. Farther Finance Advisors LLC lifted its position in T-Mobile US by 34.7% in the third quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider’s stock valued at $780,000 after purchasing an additional 974 shares during the period. Lebenthal Global Advisors LLC raised its position in T-Mobile US by 34.6% in the third quarter. Lebenthal Global Advisors LLC now owns 4,783 shares of the Wireless communications provider’s stock worth $987,000 after acquiring an additional 1,229 shares in the last quarter. Oak Ridge Investments LLC boosted its position in shares of T-Mobile US by 7.0% during the 3rd quarter. Oak Ridge Investments LLC now owns 57,074 shares of the Wireless communications provider’s stock worth $11,778,000 after purchasing an additional 3,739 shares in the last quarter. United Asset Strategies Inc. grew its stake in shares of T-Mobile US by 1.4% during the 3rd quarter. United Asset Strategies Inc. now owns 39,025 shares of the Wireless communications provider’s stock worth $8,053,000 after purchasing an additional 539 shares during the period. Finally, HM Payson & Co. increased its holdings in shares of T-Mobile US by 117.2% in the 3rd quarter. HM Payson & Co. now owns 252 shares of the Wireless communications provider’s stock valued at $52,000 after purchasing an additional 136 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TMUS. Morgan Stanley boosted their price objective on shares of T-Mobile US from $209.00 to $239.00 and gave the stock an “overweight” rating in a report on Tuesday. Deutsche Bank Aktiengesellschaft raised their price objective on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. The Goldman Sachs Group boosted their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Royal Bank of Canada upped their target price on T-Mobile US from $232.00 to $255.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Finally, Scotiabank lifted their price target on T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $241.83.

Insider Activity at T-Mobile US

In related news, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.00. Following the transaction, the director now owns 1,824,632 shares in the company, valued at $357,627,872. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $196.00, for a total value of $308,112.00. Following the transaction, the director now owns 1,824,632 shares of the company’s stock, valued at $357,627,872. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the completion of the transaction, the executive vice president now owns 61,871 shares in the company, valued at approximately $13,380,222.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 359,261 shares of company stock worth $72,263,430 over the last ninety days. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Up 0.1 %

T-Mobile US stock opened at $223.28 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a one year low of $143.90 and a one year high of $234.56. The company has a 50-day simple moving average of $208.90 and a 200-day simple moving average of $187.46. The firm has a market capitalization of $259.11 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.14 and a beta of 0.51.

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

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.58%. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

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.