Mount Yale Investment Advisors LLC Boosts Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Mount Yale Investment Advisors LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 15,865 shares of the Wireless communications provider’s stock after purchasing an additional 375 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in T-Mobile US were worth $2,795,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Compton Wealth Advisory Group LLC boosted its stake in T-Mobile US by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after buying an additional 56 shares during the period. Benjamin Edwards Inc. boosted its stake in T-Mobile US by 0.7% during the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock worth $1,468,000 after buying an additional 56 shares during the period. Anfield Capital Management LLC boosted its stake in T-Mobile US by 18.7% during the second quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after buying an additional 57 shares during the period. Capital Advisors Ltd. LLC boosted its stake in T-Mobile US by 22.6% during the second quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock worth $55,000 after buying an additional 58 shares during the period. Finally, Proficio Capital Partners LLC boosted its stake in T-Mobile US by 2.3% during the first quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock worth $464,000 after buying an additional 64 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 133,461 shares of the stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the sale, the director now directly owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total transaction of $532,770.00. Following the transaction, the insider now owns 122,687 shares in the company, valued at $21,787,984.33. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the transaction, the director now owns 670,545,206 shares in the company, valued at approximately $117,922,079,927.16. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 706,875 shares of company stock valued at $130,909,198. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Down 0.1 %

NASDAQ:TMUS opened at $199.44 on Friday. T-Mobile US, Inc. has a 1-year low of $135.82 and a 1-year high of $206.30. The company has a 50-day moving average of $192.29 and a 200 day moving average of $176.53. The firm has a market cap of $233.71 billion, a PE ratio of 27.13, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating the consensus estimate of $2.27 by $0.22. The business had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm posted $1.86 earnings per share. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.18 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.76%. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on TMUS shares. Citigroup lifted their price objective on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Evercore ISI lifted their price objective on shares of T-Mobile US from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. Tigress Financial upped their price target on shares of T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, Wells Fargo & Company upped their price target on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, September 12th. Eighteen analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $211.92.

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.