T-Mobile US, Inc. (NASDAQ:TMUS) Stock Position Raised by Phillips Wealth Planners LLC

Phillips Wealth Planners LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 21.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 2,658 shares of the Wireless communications provider’s stock after buying an additional 466 shares during the quarter. Phillips Wealth Planners LLC’s holdings in T-Mobile US were worth $584,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its position in shares of T-Mobile US by 34.7% in the third quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider’s stock worth $780,000 after buying an additional 974 shares during the period. Lebenthal Global Advisors LLC raised its position in T-Mobile US by 34.6% during the third quarter. Lebenthal Global Advisors LLC now owns 4,783 shares of the Wireless communications provider’s stock valued at $987,000 after buying an additional 1,229 shares during the period. Oak Ridge Investments LLC lifted its stake in T-Mobile US by 7.0% in the 3rd quarter. Oak Ridge Investments LLC now owns 57,074 shares of the Wireless communications provider’s stock worth $11,778,000 after acquiring an additional 3,739 shares in the last quarter. United Asset Strategies Inc. boosted its position in T-Mobile US by 1.4% during the 3rd quarter. United Asset Strategies Inc. now owns 39,025 shares of the Wireless communications provider’s stock worth $8,053,000 after acquiring an additional 539 shares during the period. Finally, HM Payson & Co. grew its stake in T-Mobile US by 117.2% during the 3rd quarter. HM Payson & Co. now owns 252 shares of the Wireless communications provider’s stock valued at $52,000 after acquiring an additional 136 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TMUS. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Wells Fargo & Company increased their target price on shares of T-Mobile US from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Morgan Stanley boosted their price target on shares of T-Mobile US from $209.00 to $239.00 and gave the company an “overweight” rating in a report on Tuesday. Benchmark increased their price objective on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $241.83.

Insiders Place Their Bets

In other T-Mobile US news, EVP Deeanne King sold 15,437 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the transaction, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at $6,761,720. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In other news, EVP Deeanne King sold 15,437 shares of the business’s stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total transaction of $2,933,030.00. Following the sale, the executive vice president now directly owns 35,588 shares in the company, valued at approximately $6,761,720. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the sale, the chief executive officer now owns 418,124 shares in the company, valued at approximately $81,354,386.68. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 359,261 shares of company stock valued at $72,263,430 in the last three months. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.1 %

Shares of TMUS stock opened at $223.28 on Friday. The stock’s 50 day simple moving average is $208.90 and its 200 day simple moving average is $187.46. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a twelve month low of $143.90 and a twelve month high of $234.56. The company has a market capitalization of $259.11 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 1.14 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm’s revenue was up 4.7% compared to the same quarter last year. During the same period last year, the business earned $1.82 EPS. As a group, research analysts predict that T-Mobile US, Inc. will post 9.36 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $0.88 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s payout ratio is currently 40.14%.

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.