1,144 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Financial Counselors Inc.

Financial Counselors Inc. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,144 shares of the Wireless communications provider’s stock, valued at approximately $236,000.

Other institutional investors also recently modified their holdings of the company. DT Investment Partners LLC increased its position in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. WASHINGTON TRUST Co boosted its stake in T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 83 shares in the last quarter. Y.D. More Investments Ltd purchased a new stake in T-Mobile US in the second quarter worth approximately $27,000. Finally, Summit Securities Group LLC purchased a new stake in T-Mobile US in the second quarter worth approximately $27,000. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

TMUS opened at $246.94 on Monday. The stock has a fifty day simple moving average of $223.98 and a two-hundred day simple moving average of $198.25. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The company has a market cap of $286.57 billion, a price-to-earnings ratio of 28.16, a price-to-earnings-growth ratio of 1.26 and a beta of 0.50. T-Mobile US, Inc. has a 12-month low of $148.19 and a 12-month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.82 earnings per share. Research analysts predict that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. T-Mobile US’s payout ratio is presently 40.14%.

Insider Activity

In other news, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the transaction, the director now directly owns 1,824,632 shares in the company, valued at $357,627,872. This trade represents a 0.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total value of $615,900.00. Following the transaction, the insider now owns 119,687 shares of the company’s stock, valued at $24,571,741.10. The trade was a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 340,750 shares of company stock worth $72,863,634 over the last three months. 0.67% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

TMUS has been the subject of several research reports. Royal Bank of Canada upped their target price on T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Tigress Financial upped their target price on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Oppenheimer increased their price objective on T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Finally, Scotiabank increased their price objective on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $241.83.

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.