T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Transform Wealth LLC

Transform Wealth LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 17.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,496 shares of the Wireless communications provider’s stock after purchasing an additional 8,208 shares during the quarter. Transform Wealth LLC’s holdings in T-Mobile US were worth $12,029,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. AE Wealth Management LLC boosted its holdings in T-Mobile US by 4.1% in the second quarter. AE Wealth Management LLC now owns 16,792 shares of the Wireless communications provider’s stock valued at $2,958,000 after purchasing an additional 657 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of T-Mobile US by 0.5% during the 2nd quarter. Pacer Advisors Inc. now owns 108,508 shares of the Wireless communications provider’s stock worth $19,117,000 after buying an additional 547 shares during the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of T-Mobile US by 1.0% in the 2nd quarter. Thrivent Financial for Lutherans now owns 77,358 shares of the Wireless communications provider’s stock valued at $13,630,000 after buying an additional 775 shares in the last quarter. Kowal Investment Group LLC boosted its holdings in shares of T-Mobile US by 17.0% in the 2nd quarter. Kowal Investment Group LLC now owns 1,434 shares of the Wireless communications provider’s stock valued at $253,000 after buying an additional 208 shares in the last quarter. Finally, Frank Rimerman Advisors LLC grew its position in shares of T-Mobile US by 3,971.4% in the 2nd quarter. Frank Rimerman Advisors LLC now owns 5,700 shares of the Wireless communications provider’s stock valued at $1,004,000 after buying an additional 5,560 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research firms have issued reports on TMUS. The Goldman Sachs Group upped their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Bank of America upped their target price on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. UBS Group lifted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Tigress Financial increased their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, TD Cowen lifted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $245.74.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $218.97 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The firm’s fifty day simple moving average is $228.55 and its 200-day simple moving average is $210.98. The stock has a market cap of $254.11 billion, a PE ratio of 24.97, a price-to-earnings-growth ratio of 1.09 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.82 EPS. Analysts expect that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.61%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is presently 40.14%.

Insider Buying and Selling

In related news, Director Raul Marcelo Claure sold 110,000 shares of T-Mobile US stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the transaction, the director now directly owns 1,441,204 shares in the company, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Peter Osvaldik sold 20,000 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $233.55, for a total value of $4,671,000.00. Following the sale, the chief financial officer now owns 61,307 shares in the company, valued at approximately $14,318,249.85. This trade represents a 24.60 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 164,200 shares of company stock worth $37,407,303 in the last three months. Corporate 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.