First Affirmative Financial Network Acquires Shares of 1,269 T-Mobile US, Inc. (NASDAQ:TMUS)

First Affirmative Financial Network acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,269 shares of the Wireless communications provider’s stock, valued at approximately $207,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Sei Investments Co. lifted its position in T-Mobile US by 3.1% during the fourth quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after buying an additional 5,552 shares during the period. Pacer Advisors Inc. increased its holdings in shares of T-Mobile US by 31.4% during the fourth quarter. Pacer Advisors Inc. now owns 107,660 shares of the Wireless communications provider’s stock valued at $17,261,000 after acquiring an additional 25,700 shares in the last quarter. Caprock Group LLC increased its holdings in T-Mobile US by 105.8% in the 4th quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after buying an additional 11,854 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in T-Mobile US by 41.9% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,185 shares of the Wireless communications provider’s stock worth $2,595,000 after buying an additional 4,777 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in T-Mobile US by 136.8% in the 4th quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after buying an additional 36,374 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 0.2 %

TMUS stock opened at $176.73 on Friday. T-Mobile US, Inc. has a twelve month low of $131.47 and a twelve month high of $182.67. The company has a quick ratio of 0.86, a current ratio of 0.94 and a debt-to-equity ratio of 1.25. The stock has a market cap of $207.10 billion, a P/E ratio of 24.04, a PEG ratio of 0.69 and a beta of 0.50. The business’s 50-day moving average price is $168.19 and its 200-day moving average price is $163.82.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. During the same period in the previous year, the firm earned $1.58 EPS. The business’s quarterly revenue was down .2% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.02 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, August 30th. This represents a $2.60 dividend on an annualized basis and a yield of 1.47%. T-Mobile US’s dividend payout ratio is presently 35.37%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $177.16, for a total value of $23,643,950.76. Following the transaction, the director now directly owns 671,345,972 shares of the company’s stock, valued at approximately $118,935,652,399.52. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CFO Peter Osvaldik sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $180.98, for a total value of $1,809,800.00. Following the transaction, the chief financial officer now directly owns 81,307 shares of the company’s stock, valued at approximately $14,714,940.86. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction that occurred on Monday, June 17th. The stock was sold at an average price of $177.16, for a total value of $23,643,950.76. Following the completion of the transaction, the director now directly owns 671,345,972 shares in the company, valued at $118,935,652,399.52. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,624,666 shares of company stock valued at $1,100,149,801. Corporate insiders own 0.67% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TMUS. TD Cowen reduced their price objective on T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a report on Friday, April 26th. KeyCorp boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Friday, April 26th. Citigroup boosted their price target on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research note on Monday, March 25th. Oppenheimer restated an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Finally, StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research note on Thursday, June 13th. Fourteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $190.36.

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.