T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 7.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,625 shares of the Wireless communications provider’s stock after acquiring an additional 111 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in T-Mobile US were worth $261,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in TMUS. Financial Counselors Inc. acquired a new position in T-Mobile US during the 3rd quarter valued at $218,000. Pacer Advisors Inc. increased its stake in shares of T-Mobile US by 31.4% in the 4th 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 during the last quarter. Caprock Group LLC raised its holdings in T-Mobile US by 105.8% in the fourth quarter. Caprock Group LLC now owns 23,063 shares of the Wireless communications provider’s stock worth $3,698,000 after purchasing an additional 11,854 shares during the period. Cerity Partners LLC lifted its holdings in T-Mobile US by 136.8% during the fourth quarter. Cerity Partners LLC now owns 62,967 shares of the Wireless communications provider’s stock worth $10,096,000 after acquiring an additional 36,374 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in T-Mobile US by 11.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 237,481 shares of the Wireless communications provider’s stock valued at $38,075,000 after purchasing an additional 24,412 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In related news, insider Michael J. Katz sold 3,000 shares of the stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the transaction, the insider now directly owns 125,687 shares of the company’s stock, valued at $20,514,632.14. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction dated Monday, February 12th. The shares were sold at an average price of $161.65, for a total transaction of $31,507,201.50. Following the transaction, the director now directly owns 687,981,731 shares of the company’s stock, valued at $111,212,246,816.15. The disclosure for this sale can be found here. In the last ninety days, insiders sold 6,537,157 shares of company stock worth $1,062,270,599. 0.70% of the stock is currently owned by insiders.

T-Mobile US Stock Up 0.8 %

Shares of T-Mobile US stock traded up $1.24 during trading hours on Thursday, reaching $164.07. The company’s stock had a trading volume of 2,050,163 shares, compared to its average volume of 4,540,958. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The stock’s fifty day simple moving average is $162.61 and its two-hundred day simple moving average is $158.34. The company has a market capitalization of $192.27 billion, a P/E ratio of 22.15, a P/E/G ratio of 0.64 and a beta of 0.48. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The company had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. T-Mobile US’s revenue was down .2% compared to the same quarter last year. During the same period last year, the business earned $1.58 earnings per share. On average, research analysts forecast that T-Mobile US, Inc. will post 9.01 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. T-Mobile US’s dividend payout ratio (DPR) is presently 35.37%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on TMUS. Wells Fargo & Company boosted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Royal Bank of Canada upped their price target on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. KeyCorp boosted their price target 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. Finally, Tigress Financial lifted their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has an average rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Company 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.