AE Wealth Management LLC Has $6.44 Million Stock Position in T-Mobile US, Inc. $TMUS

AE Wealth Management LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 18.3% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 27,016 shares of the Wireless communications provider’s stock after acquiring an additional 4,188 shares during the period. AE Wealth Management LLC’s holdings in T-Mobile US were worth $6,437,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Activest Wealth Management increased its stake in T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Stone House Investment Management LLC bought a new position in shares of T-Mobile US in the first quarter valued at $29,000. TCTC Holdings LLC grew its holdings in shares of T-Mobile US by 208.1% during the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after buying an additional 77 shares during the last quarter. Missouri Trust & Investment Co increased its position in shares of T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares in the last quarter. Finally, Aspect Partners LLC increased its position in shares of T-Mobile US by 112.1% during the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after acquiring an additional 65 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

TMUS opened at $207.00 on Monday. T-Mobile US, Inc. has a fifty-two week low of $199.41 and a fifty-two week high of $276.49. The firm has a 50-day moving average of $230.49 and a 200 day moving average of $236.89. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a market cap of $231.53 billion, a P/E ratio of 19.90, a PEG ratio of 1.51 and a beta of 0.57.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The firm had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. During the same period in the previous year, the company earned $2.61 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 2.0%. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

Analysts Set New Price Targets

TMUS has been the subject of a number of recent research reports. HSBC raised T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective for the company in a report on Friday, October 24th. Barclays cut their target price on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. Benchmark increased their price target on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 10th. BNP Paribas Exane raised their price objective on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Finally, Cowen reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $266.63.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction on Thursday, August 14th. The stock was sold at an average price of $250.87, for a total value of $17,520,760.80. Following the completion of the sale, the director directly owned 636,271,724 shares of the company’s stock, valued at $159,621,487,399.88. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold 2,043,381 shares of company stock worth $489,095,047 over the last three months. 0.37% of the stock is currently owned by corporate insiders.

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.