Exencial Wealth Advisors LLC Invests $335,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

Exencial Wealth Advisors LLC acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,088 shares of the Wireless communications provider’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Pacer Advisors Inc. boosted its position in shares of T-Mobile US by 31.4% during the 4th quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock worth $17,261,000 after purchasing an additional 25,700 shares in the last quarter. Caprock Group LLC raised its holdings in shares of T-Mobile US by 105.8% in the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after acquiring an additional 11,854 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in shares of T-Mobile US by 41.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after acquiring an additional 4,777 shares during the last quarter. Cerity Partners LLC raised its holdings in shares of T-Mobile US by 136.8% in the 4th quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after acquiring an additional 36,374 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of T-Mobile US by 11.5% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 237,481 shares of the Wireless communications provider’s stock worth $38,075,000 after acquiring an additional 24,412 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 0.0 %

Shares of TMUS stock opened at $179.82 on Friday. The company has a 50 day moving average of $165.07 and a 200-day moving average of $161.95. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. T-Mobile US, Inc. has a 12-month low of $127.72 and a 12-month high of $182.67. The firm has a market cap of $210.72 billion, a P/E ratio of 24.47, a PEG ratio of 0.70 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUSGet Free Report) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate 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 company had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same quarter last year, the business posted $1.58 EPS. T-Mobile US’s quarterly revenue was down .2% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 1.45%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Insider Buying and Selling

In related news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 170,903 shares of the firm’s stock in a transaction that occurred on Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total transaction of $27,335,934.85. Following the completion of the transaction, the director now directly owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,134,465 shares of company stock valued at $1,173,324,184. Company insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on the stock. Oppenheimer restated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a report on Wednesday, April 3rd. KeyCorp upped their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. TD Cowen lowered their target price on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a report on Friday, April 26th. Royal Bank of Canada upped their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. Finally, StockNews.com lowered shares of T-Mobile US from a “buy” rating to a “hold” rating in a research note on Tuesday, June 4th. One equities research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $190.00.

View Our Latest Analysis on TMUS

T-Mobile US Company Profile

(Free Report)

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.

See Also

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

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