Atria Wealth Solutions Inc. Grows Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Atria Wealth Solutions Inc. grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 18.6% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 17,028 shares of the Wireless communications provider’s stock after purchasing an additional 2,666 shares during the period. Atria Wealth Solutions Inc.’s holdings in T-Mobile US were worth $2,730,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in TMUS. BluePath Capital Management LLC bought a new stake in shares of T-Mobile US during the third quarter valued at approximately $26,000. Valley National Advisers Inc. increased its position in shares of T-Mobile US by 232.1% during the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 123 shares in the last quarter. Baker Avenue Asset Management LP increased its position in shares of 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 acquiring an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC bought a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $34,000. Finally, Raleigh Capital Management Inc. increased its position in shares of 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 acquiring an additional 90 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on TMUS. Benchmark reissued a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Friday, January 26th. Royal Bank of Canada lifted their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday. Raymond James boosted their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. TD Cowen cut their price objective on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday. Finally, Morgan Stanley boosted their price objective on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a research report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $186.33.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total value of $31,458,474.00. Following the completion of the transaction, the director now owns 689,541,011 shares of the company’s stock, valued at approximately $111,291,919,175.40. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total value of $31,458,474.00. Following the sale, the director now directly owns 689,541,011 shares of the company’s stock, valued at approximately $111,291,919,175.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 completion of the sale, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,985,409 shares of company stock valued at $971,083,803. Insiders own 0.70% of the company’s stock.

T-Mobile US Stock Down 0.1 %

Shares of TMUS stock opened at $163.96 on Monday. The stock has a market cap of $194.60 billion, a P/E ratio of 22.31, a PEG ratio of 0.67 and a beta of 0.49. T-Mobile US, Inc. has a 52 week low of $124.92 and a 52 week high of $168.64. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. The company’s fifty day simple moving average is $162.51 and its two-hundred day simple moving average is $157.18.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. During the same quarter last year, the firm earned $1.58 EPS. The firm’s revenue for the quarter was down .2% compared to the same quarter last year. Analysts predict that T-Mobile US, Inc. will post 8.97 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is 35.37%.

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.