Guidance Capital Inc. Raises Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Guidance Capital Inc. raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,326 shares of the Wireless communications provider’s stock after purchasing an additional 932 shares during the quarter. Guidance Capital Inc.’s holdings in T-Mobile US were worth $1,490,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Wealth Management Group LLC purchased a new position in shares of T-Mobile US in the fourth quarter worth $27,000. Valley National Advisers Inc. lifted its holdings in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 123 shares in the last quarter. Baker Avenue Asset Management LP raised its stake in T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in T-Mobile US during the fourth quarter valued at $34,000. Finally, Raleigh Capital Management Inc. raised its stake in T-Mobile US by 54.5% during the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock valued at $36,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other T-Mobile US news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction dated Wednesday, April 10th. The shares were sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the transaction, the director now directly owns 680,306,713 shares in the company, valued at approximately $108,815,058,744.35. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the transaction, the insider now owns 125,687 shares in the company, valued at $20,514,632.14. The disclosure for this sale can be found here. Insiders have sold a total of 6,779,170 shares of company stock worth $1,133,297,126 in the last three months. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. KeyCorp upped their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Citigroup upped their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Bank of America upped their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research note on Friday, April 26th. Finally, Royal Bank of Canada increased their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. Fourteen analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $190.36.

T-Mobile US Trading Down 0.7 %

Shares of NASDAQ TMUS traded down $1.24 during mid-day trading on Friday, reaching $176.18. The company had a trading volume of 5,172,283 shares, compared to its average volume of 6,700,324. The business’s 50-day moving average is $169.84 and its 200-day moving average is $164.50. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The stock has a market cap of $206.46 billion, a price-to-earnings ratio of 23.97, a price-to-earnings-growth ratio of 0.69 and a beta of 0.50. T-Mobile US, Inc. has a 52 week low of $131.47 and a 52 week high of $182.67.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business’s revenue for the quarter was down .2% on a year-over-year basis. During the same period in the prior year, the business posted $1.58 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 9.01 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.48%. The ex-dividend date is Friday, August 30th. T-Mobile US’s payout ratio is 35.37%.

T-Mobile US Company Profile

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.