T-Mobile US, Inc. $TMUS Holdings Lifted by Anchor Investment Management LLC

Anchor Investment Management LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 2,599.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,158 shares of the Wireless communications provider’s stock after purchasing an additional 3,041 shares during the quarter. Anchor Investment Management LLC’s holdings in T-Mobile US were worth $752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Activest Wealth Management lifted its stake in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 94 shares during the last quarter. Howard Hughes Medical Institute acquired a new stake in T-Mobile US in the 2nd quarter worth $25,000. Missouri Trust & Investment Co raised its holdings in T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares in the last quarter. Aspect Partners LLC boosted 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 in the last quarter. Finally, CoreFirst Bank & Trust bought a new position in T-Mobile US during the second quarter worth about $31,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Trading Down 0.1%

Shares of T-Mobile US stock opened at $195.16 on Monday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. T-Mobile US, Inc. has a 52-week low of $194.01 and a 52-week high of $276.49. The firm has a 50-day moving average of $213.74 and a 200-day moving average of $230.54. The stock has a market cap of $218.29 billion, a PE ratio of 18.77, a PEG ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping 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 business had revenue of $21.96 billion for the quarter, compared to the consensus estimate of $21.61 billion. During the same quarter in the prior year, the business posted $2.61 earnings per share. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. As a group, sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be paid a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $4.08 annualized dividend and a yield of 2.1%. T-Mobile US’s payout ratio is presently 39.23%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,457 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $210.32, for a total value of $306,436.24. Following the completion of the transaction, the director directly owned 5,438 shares in the company, valued at approximately $1,143,720.16. This represents a 21.13% decrease in their position. The sale was disclosed in a legal 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 transaction, the director directly owned 582,065,875 shares in the company, valued at $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,172,720 shares of company stock valued at $269,482,868. Corporate insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on TMUS. Oppenheimer cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Cowen reiterated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. The Goldman Sachs Group cut their target price on shares of T-Mobile US from $287.00 to $251.00 and set a “buy” rating on the stock in a report on Friday. DZ Bank restated a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Finally, BNP Paribas Exane lifted their target price on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and eleven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $263.71.

T-Mobile US 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.