T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 18,068 shares of the Wireless communications provider's stock after purchasing an additional 1,279 shares during the quarter. Kestra Private Wealth Services LLC's holdings in T-Mobile US were worth $3,988,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Brookstone Capital Management purchased a new stake in shares of T-Mobile US during the 3rd quarter valued at about $230,000. Koshinski Asset Management Inc. grew its position in shares of T-Mobile US by 242.6% during the third quarter. Koshinski Asset Management Inc. now owns 8,083 shares of the Wireless communications provider's stock worth $1,668,000 after purchasing an additional 5,724 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH boosted its stake in T-Mobile US by 11.2% in the 3rd quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 159,983 shares of the Wireless communications provider's stock worth $33,014,000 after purchasing an additional 16,085 shares during the period. Thurston Springer Miller Herd & Titak Inc. lifted its holdings in shares of T-Mobile US by 1,028.7% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,280 shares of the Wireless communications provider's stock worth $470,000 after buying an additional 2,078 shares in the last quarter. Finally, Procyon Advisors LLC increased its holdings in T-Mobile US by 4.0% in the 3rd quarter. Procyon Advisors LLC now owns 18,247 shares of the Wireless communications provider's stock valued at $3,765,000 after acquiring an additional 697 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Andre Almeida bought 3,808 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Srikant M. Datar sold 1,000 shares of the firm's stock in a transaction that occurred on Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the sale, the director now directly owns 4,021 shares in the company, valued at $989,166. The trade was a 19.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 3,100 shares of company stock worth $747,378. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Up 1.1 %

Shares of T-Mobile US stock traded up $2.87 on Tuesday, reaching $258.70. The stock had a trading volume of 2,597,425 shares, compared to its average volume of 3,856,085. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $259.46. The company has a 50 day moving average price of $226.18 and a 200 day moving average price of $216.54. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $295.37 billion, a P/E ratio of 26.75, a P/E/G ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. T-Mobile US's dividend payout ratio is currently 36.40%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on TMUS shares. BNP Paribas upgraded T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. KeyCorp downgraded T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price on the stock. in a research report on Thursday, December 12th. Barclays raised their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Oppenheimer increased their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 31st. Finally, Citigroup boosted their target price on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $251.79.

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.