T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Gratus Wealth Advisors LLC

Gratus Wealth Advisors LLC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.1% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 7,061 shares of the Wireless communications provider’s stock after purchasing an additional 80 shares during the period. Gratus Wealth Advisors LLC’s holdings in T-Mobile US were worth $1,471,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in TMUS. Shell Asset Management Co. raised its stake in shares of T-Mobile US by 10.5% in the fourth quarter. Shell Asset Management Co. now owns 7,481 shares of the Wireless communications provider’s stock valued at $1,199,000 after acquiring an additional 712 shares in the last quarter. Sei Investments Co. raised its position in T-Mobile US by 3.1% in the 4th quarter. Sei Investments Co. now owns 184,478 shares of the Wireless communications provider’s stock valued at $29,574,000 after purchasing an additional 5,552 shares in the last quarter. Unigestion Holding SA purchased a new position in shares of T-Mobile US in the 4th quarter valued at about $1,504,000. Hancock Whitney Corp grew its position in shares of T-Mobile US by 1.2% during the fourth quarter. Hancock Whitney Corp now owns 92,676 shares of the Wireless communications provider’s stock worth $14,859,000 after buying an additional 1,074 shares in the last quarter. Finally, Ethic Inc. increased its stake in shares of T-Mobile US by 18.2% during the fourth quarter. Ethic Inc. now owns 78,653 shares of the Wireless communications provider’s stock worth $12,610,000 after buying an additional 12,097 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on T-Mobile US from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, September 19th. Morgan Stanley boosted their price objective on shares of T-Mobile US from $191.00 to $209.00 and gave the stock an “overweight” rating in a research report on Monday, September 16th. Oppenheimer increased their target price on shares of T-Mobile US from $200.00 to $215.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Wells Fargo & Company upped their price objective on shares of T-Mobile US from $200.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, September 12th. Finally, Barclays lifted their target price on T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Nineteen research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Buy” and a consensus target price of $216.36.

T-Mobile US Stock Up 1.4 %

Shares of T-Mobile US stock opened at $211.17 on Wednesday. The company has a market cap of $247.46 billion, a P/E ratio of 28.73, a PEG ratio of 1.07 and a beta of 0.51. The firm has a fifty day moving average of $198.09 and a two-hundred day moving average of $179.91. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. T-Mobile US, Inc. has a one year low of $136.85 and a one year high of $212.24.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The firm had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. During the same quarter last year, the firm earned $1.86 earnings per share. The firm’s revenue was up 3.0% compared to the same quarter last year. On average, analysts forecast that T-Mobile US, Inc. will post 9.13 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. The ex-dividend date is Wednesday, November 27th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.67%. T-Mobile US’s payout ratio is 47.89%.

Insider Buying and Selling

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the completion of the sale, the chief executive officer now owns 418,124 shares of the company’s stock, valued at approximately $81,354,386.68. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the transaction, the chief executive officer now directly owns 418,124 shares in the company, valued at approximately $81,354,386.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Jon Freier sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the sale, the insider now owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 306,492 shares of company stock valued at $60,161,906 over the last quarter. Company insiders own 0.67% of the company’s stock.

T-Mobile US Profile

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.