T-Mobile US, Inc. $TMUS Shares Acquired by Arkadios Wealth Advisors

Arkadios Wealth Advisors lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 23.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,482 shares of the Wireless communications provider’s stock after acquiring an additional 3,364 shares during the period. Arkadios Wealth Advisors’ holdings in T-Mobile US were worth $4,185,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Howard Hughes Medical Institute acquired a new stake in T-Mobile US during the 2nd quarter worth $25,000. Missouri Trust & Investment Co boosted its position in 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 during the last quarter. Elevation Wealth Partners LLC grew its stake in T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 76 shares in the last quarter. Aspect Partners LLC grew its stake in T-Mobile US by 112.1% during the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 65 shares in the last quarter. Finally, CoreFirst Bank & Trust acquired a new stake in T-Mobile US in the 2nd quarter valued at about $31,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Down 1.4%

Shares of NASDAQ:TMUS opened at $183.65 on Wednesday. The company has a market capitalization of $205.41 billion, a price-to-earnings ratio of 17.66, a PEG ratio of 1.02 and a beta of 0.45. T-Mobile US, Inc. has a 12-month low of $183.34 and a 12-month high of $276.49. The business has a 50-day moving average price of $201.83 and a 200 day moving average price of $223.39. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37.

T-Mobile US (NASDAQ:TMUS) last announced 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. The company had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. T-Mobile US’s revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.61 earnings per share. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Insider Buying and Selling

In other news, CEO Srini Gopalan purchased 9,800 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the purchase, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. This trade represents a 12.18% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Michael J. Katz sold 2,500 shares of T-Mobile US stock in a transaction on Monday, November 17th. The shares were sold at an average price of $215.91, for a total value of $539,775.00. Following the completion of the sale, the insider directly owned 156,203 shares of the company’s stock, valued at $33,725,789.73. The trade was a 1.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 206,341 shares of company stock valued at $45,350,010 over the last quarter. 0.37% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Barclays restated a “buy” rating on shares of T-Mobile US in a report on Tuesday, January 13th. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. Sanford C. Bernstein cut their target price on T-Mobile US from $265.00 to $245.00 and set a “market perform” rating for the company in a research note on Thursday, January 15th. Argus lowered their price target on shares of T-Mobile US from $275.00 to $245.00 and set a “buy” rating on the stock in a research report on Tuesday, December 9th. Finally, Weiss Ratings lowered shares of T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.76.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.