Legacy Capital Wealth Partners LLC Has $298,000 Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Legacy Capital Wealth Partners LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 11.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,861 shares of the Wireless communications provider’s stock after purchasing an additional 194 shares during the quarter. Legacy Capital Wealth Partners LLC’s holdings in T-Mobile US were worth $298,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also bought and sold shares of the stock. Exchange Traded Concepts LLC lifted its holdings in T-Mobile US by 4,568.0% during the third quarter. Exchange Traded Concepts LLC now owns 4,528 shares of the Wireless communications provider’s stock worth $634,000 after acquiring an additional 4,431 shares during the period. Linden Thomas Advisory Services LLC lifted its stake in shares of T-Mobile US by 8.7% during the 3rd quarter. Linden Thomas Advisory Services LLC now owns 6,119 shares of the Wireless communications provider’s stock valued at $857,000 after buying an additional 489 shares in the last quarter. Avestar Capital LLC grew its holdings in T-Mobile US by 19.9% during the 3rd quarter. Avestar Capital LLC now owns 2,024 shares of the Wireless communications provider’s stock valued at $283,000 after buying an additional 336 shares in the last quarter. Commonwealth Equity Services LLC grew its stake in T-Mobile US by 8.2% during the third quarter. Commonwealth Equity Services LLC now owns 134,109 shares of the Wireless communications provider’s stock valued at $18,782,000 after acquiring an additional 10,208 shares in the last quarter. Finally, Toews Corp ADV purchased a new stake in T-Mobile US in the 3rd quarter worth approximately $784,000. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Callie R. Field sold 5,844 shares of T-Mobile US stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the sale, the insider now directly owns 102,555 shares in the company, valued at $17,274,364.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In related news, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the transaction, the insider now directly owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Michael J. Katz sold 6,655 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $161.23, for a total transaction of $1,072,985.65. Following the completion of the sale, the insider now directly owns 126,616 shares in the company, valued at approximately $20,414,297.68. The disclosure for this sale can be found here. Insiders sold a total of 5,985,409 shares of company stock worth $971,083,803 in the last 90 days. Company insiders own 0.70% of the company’s stock.

T-Mobile US Trading Up 0.2 %

NASDAQ TMUS opened at $164.25 on Tuesday. The firm has a market cap of $194.94 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 0.67 and a beta of 0.49. The firm has a 50 day simple moving average of $162.58 and a 200-day simple moving average of $157.34. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to the consensus estimate of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company’s revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.58 earnings per share. Equities research analysts anticipate that T-Mobile US, Inc. will post 8.97 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US’s payout ratio is currently 35.37%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Royal Bank of Canada increased their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a research report on Friday. Raymond James increased their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research report on Friday, January 26th. Benchmark restated a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Finally, Tigress Financial lifted their price target on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. One analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Buy” and an average target price of $186.33.

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.