Cooper Financial Group Has $833,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Cooper Financial Group grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,104 shares of the Wireless communications provider’s stock after acquiring an additional 722 shares during the period. Cooper Financial Group’s holdings in T-Mobile US were worth $833,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. &PARTNERS bought a new position in shares of T-Mobile US during the 1st quarter worth about $296,000. MJP Associates Inc. ADV bought a new position in shares of T-Mobile US during the 1st quarter worth approximately $307,000. First Affirmative Financial Network bought a new position in shares of T-Mobile US during the 1st quarter worth approximately $207,000. BTC Capital Management Inc. bought a new position in shares of T-Mobile US during the 1st quarter worth approximately $5,777,000. Finally, Buckingham Capital Management Inc. lifted its position in shares of T-Mobile US by 1.3% during the 1st quarter. Buckingham Capital Management Inc. now owns 65,426 shares of the Wireless communications provider’s stock worth $10,679,000 after buying an additional 809 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $161.87, for a total value of $30,701,882.90. Following the completion of the transaction, the director now directly owns 681,995,476 shares of the company’s stock, valued at approximately $110,394,607,700.12. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In other news, Director Telekom Ag Deutsche sold 189,670 shares of T-Mobile US stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $161.87, for a total transaction of $30,701,882.90. Following the completion of the sale, the director now directly owns 681,995,476 shares of the company’s stock, valued at approximately $110,394,607,700.12. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, May 13th. The stock was sold at an average price of $163.20, for a total transaction of $3,264,000.00. Following the sale, the chief executive officer now directly owns 458,124 shares of the company’s stock, valued at $74,765,836.80. The disclosure for this sale can be found here. Insiders sold a total of 6,434,996 shares of company stock valued at $1,069,616,724 in the last three months. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.2 %

T-Mobile US stock opened at $176.73 on Monday. T-Mobile US, Inc. has a 1-year low of $131.47 and a 1-year high of $182.67. The firm has a market capitalization of $207.10 billion, a price-to-earnings ratio of 24.04, a P/E/G ratio of 0.69 and a beta of 0.50. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25. The firm has a 50 day simple moving average of $168.19 and a 200 day simple moving average of $163.87.

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

T-Mobile US Announces Dividend

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

Wall Street Analyst Weigh In

Several equities analysts have commented on TMUS shares. Benchmark reissued a “buy” rating and set a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. KeyCorp lifted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Citigroup raised their price target on shares of T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Bank of America raised their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a research note on Monday, June 10th. Finally, 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. Fourteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus 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.