Centaurus Financial Inc. Raises Holdings in T-Mobile US, Inc. $TMUS

Centaurus Financial Inc. increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 246.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,330 shares of the Wireless communications provider’s stock after purchasing an additional 3,079 shares during the period. Centaurus Financial Inc.’s holdings in T-Mobile US were worth $1,032,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of T-Mobile US in the second quarter valued at $1,477,780,000. Marshall Wace LLP raised its stake in T-Mobile US by 2,303.2% in the 2nd quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock valued at $428,174,000 after purchasing an additional 1,878,654 shares during the last quarter. Viking Global Investors LP lifted its holdings in T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after purchasing an additional 1,279,422 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in shares of T-Mobile US by 518.8% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,383,922 shares of the Wireless communications provider’s stock worth $329,733,000 after purchasing an additional 1,160,275 shares during the last quarter. Finally, State Street Corp grew its holdings in shares of T-Mobile US by 4.5% during the second quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock worth $5,513,650,000 after buying an additional 994,740 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Up 0.5%

TMUS stock opened at $196.16 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The company has a market cap of $219.41 billion, a price-to-earnings ratio of 18.86, a PEG ratio of 1.25 and a beta of 0.44. The business has a fifty day simple moving average of $213.16 and a 200-day simple moving average of $230.24. T-Mobile US, Inc. has a 52 week low of $194.01 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.61 earnings per share. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s dividend payout ratio is 39.23%.

Insider Activity

In other T-Mobile US news, CEO Srini Gopalan acquired 9,800 shares of the company’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average price of $201.82 per share, with a total value of $1,977,836.00. Following the completion of the transaction, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. The trade was a 12.18% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 2,500 shares of T-Mobile US stock in a transaction on Monday, November 17th. The shares were sold at an average price of $215.91, for a total transaction of $539,775.00. Following the transaction, the insider owned 156,203 shares in the company, valued at $33,725,789.73. The trade was a 1.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,108,294 shares of company stock worth $254,172,029. Insiders own 0.37% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 2nd. Morgan Stanley cut their price target on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Wednesday, December 10th. Argus decreased their price objective on T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Raymond James Financial raised T-Mobile US to a “hold” rating in a research report on Wednesday, October 1st. Finally, Cowen reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $263.71.

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.