Fluent Financial LLC Has $3.15 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Fluent Financial LLC grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 569.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,889 shares of the Wireless communications provider’s stock after acquiring an additional 15,216 shares during the period. T-Mobile US accounts for approximately 1.6% of Fluent Financial LLC’s investment portfolio, making the stock its 25th biggest holding. Fluent Financial LLC’s holdings in T-Mobile US were worth $3,152,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Compton Wealth Advisory Group LLC grew its holdings in T-Mobile US by 0.4% during the 2nd quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after acquiring an additional 56 shares during the period. Anfield Capital Management LLC grew its holdings in T-Mobile US by 18.7% during the 2nd quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after acquiring an additional 57 shares during the period. Capital Advisors Ltd. LLC grew its holdings in T-Mobile US by 22.6% during the 2nd quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock worth $55,000 after acquiring an additional 58 shares during the period. Proficio Capital Partners LLC grew its holdings in T-Mobile US by 2.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock worth $464,000 after acquiring an additional 64 shares during the period. Finally, Westside Investment Management Inc. grew its holdings in T-Mobile US by 39.7% during the 2nd quarter. Westside Investment Management Inc. now owns 243 shares of the Wireless communications provider’s stock worth $43,000 after acquiring an additional 69 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on TMUS. Bank of America boosted 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. The Goldman Sachs Group began coverage on T-Mobile US in a research report on Monday, July 1st. They issued a “buy” rating and a $200.00 target price for the company. Deutsche Bank Aktiengesellschaft boosted their target price on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Tigress Financial boosted their target price on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Finally, Citigroup boosted their target price on T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. One equities research analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $198.63.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, July 1st. The shares were sold at an average price of $177.59, for a total transaction of $532,770.00. Following the sale, the insider now owns 122,687 shares of the company’s stock, valued at approximately $21,787,984.33. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other T-Mobile US news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $173.10, for a total transaction of $23,102,099.10. Following the sale, the director now owns 671,752,404 shares of the company’s stock, valued at approximately $116,280,341,132.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction on Monday, July 1st. The stock was sold at an average price of $177.59, for a total transaction of $532,770.00. Following the completion of the transaction, the insider now directly owns 122,687 shares in the company, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,336,950 shares of company stock worth $239,882,745. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded down $2.09 during midday trading on Friday, reaching $195.09. The company’s stock had a trading volume of 630,011 shares, compared to its average volume of 4,599,250. T-Mobile US, Inc. has a 12-month low of $134.50 and a 12-month high of $205.28. The firm has a 50 day moving average price of $187.81 and a 200-day moving average price of $173.71. The stock has a market capitalization of $228.62 billion, a P/E ratio of 26.57, a PEG ratio of 0.74 and a beta of 0.51. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm had revenue of $19.77 billion for the quarter, compared to the consensus estimate of $19.61 billion. During the same quarter in the previous year, the business earned $1.86 EPS. The company’s revenue was up 3.0% compared to the same quarter last year. As a group, equities analysts predict that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Friday, August 30th. This represents a $2.60 annualized dividend and a yield of 1.33%. T-Mobile US’s payout ratio is 35.37%.

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.