Atlas Capital Advisors Inc. Invests $1.54 Million in T-Mobile US, Inc. $TMUS

Atlas Capital Advisors Inc. acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 7,564 shares of the Wireless communications provider’s stock, valued at approximately $1,536,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. Norges Bank bought a new stake in T-Mobile US during the 4th quarter valued at $1,335,918,000. Wellington Management Group LLP raised its holdings in T-Mobile US by 47.5% during the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after buying an additional 4,335,368 shares during the last quarter. Dodge & Cox raised its holdings in T-Mobile US by 65.2% during the 4th quarter. Dodge & Cox now owns 6,185,972 shares of the Wireless communications provider’s stock valued at $1,256,000,000 after buying an additional 2,442,450 shares during the last quarter. Viking Global Investors LP raised its holdings in T-Mobile US by 81.7% during 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 buying an additional 1,279,422 shares during the last quarter. Finally, Amundi increased its position in T-Mobile US by 44.6% during the 3rd quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock valued at $924,380,000 after purchasing an additional 1,266,808 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Performance

Shares of TMUS opened at $189.10 on Monday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. T-Mobile US, Inc. has a 1 year low of $174.02 and a 1 year high of $261.56. The company has a 50 day simple moving average of $191.00 and a two-hundred day simple moving average of $199.64. The firm has a market cap of $204.64 billion, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 1.10 and a beta of 0.31.

T-Mobile US (NASDAQ:TMUSGet Free Report) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period last year, the firm posted $2.58 earnings per share. T-Mobile US’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, equities analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 29th were given a $1.02 dividend. The ex-dividend date was Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

More T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Citigroup upped their target price on shares of T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Daiwa Securities Group raised shares of T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective on the stock in a research report on Thursday, February 19th. Weiss Ratings restated a “hold (c+)” rating on shares of T-Mobile US in a research note on Friday, April 10th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Freedom Capital upgraded shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and an average target price of $260.48.

View Our Latest Stock Report on T-Mobile US

Insider Buying and Selling

In related news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average cost 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 in the company, valued at $8,798,673. This represents a 12.82% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at approximately $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is owned by corporate insiders.

T-Mobile US Profile

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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