Centaurus Financial Inc. Increases Stock Position in T-Mobile US, Inc. $TMUS

Centaurus Financial Inc. increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 246.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,330 shares of the Wireless communications provider’s stock after acquiring an additional 3,079 shares during the quarter. Centaurus Financial Inc.’s holdings in T-Mobile US were worth $1,032,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Brooklyn Investment Group boosted its stake in shares of T-Mobile US by 22.4% during the first quarter. Brooklyn Investment Group now owns 6,270 shares of the Wireless communications provider’s stock worth $1,672,000 after buying an additional 1,149 shares during the period. Alpha Family Trust raised its stake in T-Mobile US by 34.3% during the 1st quarter. Alpha Family Trust now owns 5,340 shares of the Wireless communications provider’s stock valued at $1,424,000 after acquiring an additional 1,365 shares during the last quarter. Korea Investment CORP raised its stake in T-Mobile US by 6.3% during the 1st quarter. Korea Investment CORP now owns 576,001 shares of the Wireless communications provider’s stock valued at $153,625,000 after acquiring an additional 34,367 shares during the last quarter. Wellington Management Group LLP lifted its position in T-Mobile US by 1.7% during the 1st quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock worth $3,426,407,000 after acquiring an additional 214,224 shares during the period. Finally, Bank OZK grew its stake in shares of T-Mobile US by 11.1% in the 1st quarter. Bank OZK now owns 17,206 shares of the Wireless communications provider’s stock valued at $4,589,000 after purchasing an additional 1,721 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.5%

Shares of NASDAQ TMUS opened at $196.16 on Tuesday. 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 52 week low of $194.01 and a 52 week high of $276.49. The firm has a 50-day moving average price of $213.16 and a 200 day moving average price of $230.24. The stock has a market capitalization of $219.41 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping the consensus estimate 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 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 business posted $2.61 earnings per share. The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction on Thursday, September 25th. The stock was sold at an average price of $238.98, for a total transaction of $15,396,525.48. Following the sale, the director directly owned 634,241,492 shares in the company, valued at approximately $151,571,031,758.16. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 1,108,294 shares of company stock worth $254,172,029 over the last ninety days. Insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a research note on Tuesday, December 2nd. Royal Bank Of Canada restated a “buy” rating on shares of T-Mobile US in a research report on Friday, October 24th. Argus lowered their target price on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a report on Tuesday, December 9th. Zacks Research upgraded shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, DZ Bank restated a “buy” rating on shares of T-Mobile US in a research report on Tuesday, October 28th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $263.71.

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.