Aventura Private Wealth LLC Buys Shares of 2,684 T-Mobile US, Inc. $TMUS

Aventura Private Wealth LLC bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, Holdings Channel.com reports. The fund bought 2,684 shares of the Wireless communications provider’s stock, valued at approximately $545,000.

Other large investors have also made changes to their positions in the company. Handelsbanken Fonder AB raised its position in shares of T-Mobile US by 4.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 187,477 shares of the Wireless communications provider’s stock valued at $44,668,000 after purchasing an additional 7,216 shares during the period. Personal CFO Solutions LLC grew its holdings in T-Mobile US by 7.1% during the 2nd quarter. Personal CFO Solutions LLC now owns 1,950 shares of the Wireless communications provider’s stock valued at $465,000 after buying an additional 130 shares in the last quarter. Magnetar Financial LLC boosted its holdings in shares of T-Mobile US by 25.8% during the 2nd quarter. Magnetar Financial LLC now owns 1,798 shares of the Wireless communications provider’s stock valued at $428,000 after purchasing an additional 369 shares during the last quarter. Entropy Technologies LP purchased a new position in shares of T-Mobile US during the second quarter valued at about $6,087,000. Finally, MAI Capital Management grew its position in shares of T-Mobile US by 1.5% during the second quarter. MAI Capital Management now owns 43,890 shares of the Wireless communications provider’s stock valued at $10,457,000 after purchasing an additional 646 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $208.47 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $272.60. The stock’s 50-day moving average price is $205.25 and its 200-day moving average price is $213.32. The stock has a market capitalization of $229.70 billion, a PE ratio of 21.47, a price-to-earnings-growth ratio of 1.35 and a beta of 0.43.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be issued a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. T-Mobile US’s dividend payout ratio (DPR) is presently 42.02%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on TMUS shares. Oppenheimer cut T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Benchmark restated a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Zacks Research raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. The Goldman Sachs Group boosted their target price on shares of T-Mobile US from $233.00 to $254.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, BNP Paribas Exane lowered their price target on shares of T-Mobile US from $300.00 to $275.00 and set an “outperform” rating for the company in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $257.30.

Insider Activity at T-Mobile US

In other news, Director Srikant M. Datar sold 3,291 shares of the firm’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total value of $727,640.10. Following the transaction, the director directly owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Mark Wolfe Nelson sold 2,329 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $222.38, for a total transaction of $517,923.02. Following the completion of the sale, the insider owned 65,677 shares of the company’s stock, valued at approximately $14,605,251.26. The trade was a 3.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 694,134 shares of company stock worth $150,847,799 over the last 90 days. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.