CW Advisors LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 116.4% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,857 shares of the Wireless communications provider’s stock after buying an additional 13,910 shares during the period. CW Advisors LLC’s holdings in T-Mobile US were worth $6,157,000 as of its most recent SEC filing.
A number of other institutional investors have also recently added to or reduced their stakes in TMUS. Activest Wealth Management lifted its stake in shares of T-Mobile US by 9,400.0% in 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. Missouri Trust & Investment Co raised its holdings in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Stone House Investment Management LLC acquired a new position in T-Mobile US during the first quarter valued at approximately $29,000. Aspect Partners LLC grew its stake in 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 buying an additional 65 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of T-Mobile US in the second quarter worth $39,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.
Insider Activity at T-Mobile US
In related news, CEO Srini Gopalan bought 9,800 shares of the business’s stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the purchase, the chief executive officer owned 90,258 shares in the company, valued at $18,215,869.56. This trade represents a 12.18% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 1,374 shares of T-Mobile US stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the transaction, the director owned 582,065,875 shares of the company’s stock, valued at $128,322,242,802.50. This trade represents a 0.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,439,821 shares of company stock worth $334,026,480 over the last quarter. Company insiders own 0.37% of the company’s stock.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on T-Mobile US
T-Mobile US Price Performance
Shares of NASDAQ TMUS opened at $209.63 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. T-Mobile US, Inc. has a fifty-two week low of $199.41 and a fifty-two week high of $276.49. The business has a 50 day moving average price of $217.33 and a two-hundred day moving average price of $232.22. The firm has a market cap of $234.47 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 1.33 and a beta of 0.44.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last announced its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. During the same period in the prior year, the company posted $2.61 EPS. T-Mobile US’s quarterly revenue was up 8.9% on a year-over-year basis. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.
T-Mobile US Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.
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.
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