MONECO Advisors LLC Buys 154 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

MONECO Advisors LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 8.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,996 shares of the Wireless communications provider’s stock after purchasing an additional 154 shares during the quarter. MONECO Advisors LLC’s holdings in T-Mobile US were worth $320,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of TMUS. Sei Investments Co. raised its holdings in shares of T-Mobile US by 3.1% during the 4th quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after buying an additional 5,552 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in shares of T-Mobile US by 31.4% in the 4th quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after acquiring an additional 25,700 shares during the last quarter. Caprock Group LLC boosted its stake in shares of T-Mobile US by 105.8% in the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock valued at $3,698,000 after purchasing an additional 11,854 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of T-Mobile US by 41.9% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock valued at $2,595,000 after purchasing an additional 4,777 shares during the last quarter. Finally, Cerity Partners LLC raised its position in T-Mobile US by 136.8% in the 4th quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after purchasing an additional 36,374 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 170,903 shares of the business’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the sale, the director now directly owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, Director Telekom Ag Deutsche sold 170,903 shares of T-Mobile US stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the completion of the transaction, the director now owns 680,306,713 shares of the company’s stock, valued at approximately $108,815,058,744.35. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Monday, May 13th. The shares were sold at an average price of $163.20, for a total transaction of $3,264,000.00. Following the sale, the chief executive officer now directly owns 458,124 shares in the company, valued at $74,765,836.80. The disclosure for this sale can be found here. Over the last quarter, insiders sold 6,731,610 shares of company stock valued at $1,113,131,929. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 1.2 %

T-Mobile US stock traded up $2.15 during trading hours on Monday, hitting $178.14. 2,775,226 shares of the stock traded hands, compared to its average volume of 4,769,581. T-Mobile US, Inc. has a one year low of $129.84 and a one year high of $182.67. The firm’s 50-day moving average price is $166.54 and its two-hundred day moving average price is $163.02. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The company has a market cap of $208.75 billion, a PE ratio of 23.94, a PEG ratio of 0.68 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 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the company posted $1.58 earnings per share. On average, research analysts forecast that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.46%. T-Mobile US’s payout ratio is 35.37%.

Wall Street Analysts Forecast Growth

TMUS has been the subject of several analyst reports. Bank of America upped their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, June 10th. TD Cowen decreased their price target on T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Oppenheimer reissued an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Benchmark reaffirmed a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, May 29th. Finally, KeyCorp increased their price target on shares of 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 research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $190.36.

T-Mobile US Company 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.