T-Mobile US, Inc. $TMUS Shares Acquired by Capital Wealth Planning LLC

Capital Wealth Planning LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 14.3% during the fourth quarter, HoldingsChannel reports. The fund owned 28,767 shares of the Wireless communications provider’s stock after acquiring an additional 3,598 shares during the quarter. Capital Wealth Planning LLC’s holdings in T-Mobile US were worth $5,841,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in TMUS. JDM Financial Group LLC increased its stake in shares of T-Mobile US by 114.0% during the fourth quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the period. Turning Point Benefit Group Inc. increased its stake in shares of T-Mobile US by 3,825.0% during the fourth quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after acquiring an additional 153 shares during the period. United Community Bank increased its stake in shares of T-Mobile US by 78.8% during the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after acquiring an additional 82 shares during the period. Ares Financial Consulting LLC acquired a new position in shares of T-Mobile US during the fourth quarter worth about $38,000. Finally, WHI TRUST Co LLC acquired a new position in shares of T-Mobile US during the fourth quarter worth about $41,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent analyst reports. Wolfe Research reiterated an “outperform” rating and set a $255.00 price target on shares of T-Mobile US in a research note on Thursday, February 12th. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target on the stock in a research note on Wednesday, April 8th. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Scotiabank lowered their target price on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, April 29th. Finally, JPMorgan Chase & Co. restated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, May 19th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $260.48.

Insider Activity

In other news, COO Jon Freier sold 4,799 shares of the stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. This represents a 2.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andre Almeida purchased 5,097 shares of the stock in a transaction dated Friday, May 1st. The stock was acquired at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the completion of the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. The trade was a 12.82% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 0.32% of the company’s stock.

T-Mobile US Trading Up 3.4%

Shares of TMUS opened at $185.55 on Thursday. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. The firm’s 50-day moving average is $191.79 and its two-hundred day moving average is $199.94. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The firm has a market capitalization of $200.80 billion, a P/E ratio of 19.74, a PEG ratio of 1.04 and a beta of 0.31.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. During the same period in the prior year, the business posted $2.58 earnings per share. The firm’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is currently 43.40%.

T-Mobile US Company 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.