Buckley Wealth Management LLC Has $828,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Buckley Wealth Management LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,072 shares of the Wireless communications provider’s stock after buying an additional 158 shares during the period. Buckley Wealth Management LLC’s holdings in T-Mobile US were worth $828,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. OLD National Bancorp IN increased its holdings in shares of T-Mobile US by 1.9% during the fourth quarter. OLD National Bancorp IN now owns 3,356 shares of the Wireless communications provider’s stock worth $538,000 after buying an additional 62 shares in the last quarter. Whittier Trust Co. of Nevada Inc. increased its holdings in T-Mobile US by 3.9% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,748 shares of the Wireless communications provider’s stock valued at $280,000 after purchasing an additional 66 shares during the period. Hohimer Wealth Management LLC increased its holdings in T-Mobile US by 0.9% in the third quarter. Hohimer Wealth Management LLC now owns 7,526 shares of the Wireless communications provider’s stock valued at $1,054,000 after purchasing an additional 68 shares during the period. Tranquility Partners LLC increased its holdings in T-Mobile US by 1.9% in the fourth quarter. Tranquility Partners LLC now owns 3,826 shares of the Wireless communications provider’s stock valued at $613,000 after purchasing an additional 71 shares during the period. Finally, Guyasuta Investment Advisors Inc. increased its holdings in T-Mobile US by 3.6% in the fourth quarter. Guyasuta Investment Advisors Inc. now owns 2,142 shares of the Wireless communications provider’s stock valued at $343,000 after purchasing an additional 75 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 227,604 shares of the firm’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the completion of the sale, the director now owns 673,251,489 shares in the company, valued at approximately $116,236,869,575.85. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. In related news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Monday, May 13th. The shares were sold at an average price of $163.20, for a total value of $3,264,000.00. Following the completion of the transaction, the chief executive officer now directly owns 458,124 shares in the company, valued at approximately $74,765,836.80. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the completion of the transaction, the director now owns 673,251,489 shares of the company’s stock, valued at $116,236,869,575.85. The disclosure for this sale can be found here. In the last 90 days, insiders sold 6,512,248 shares of company stock worth $1,086,228,100. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Royal Bank of Canada increased their price objective on T-Mobile US from $184.00 to $188.00 and gave the company an “outperform” rating in a report on Friday, April 26th. Oppenheimer reaffirmed an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research report on Wednesday, April 3rd. TD Cowen cut their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating on the stock in a research report on Friday, April 26th. Benchmark reaffirmed a “buy” rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, May 29th. Finally, Bank of America upped their price target on shares of T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, June 10th. Fourteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $190.36.

T-Mobile US Stock Down 0.2 %

NASDAQ TMUS traded down $0.42 during trading hours on Friday, hitting $177.00. The company’s stock had a trading volume of 1,599,865 shares, compared to its average volume of 4,879,560. T-Mobile US, Inc. has a 52 week low of $131.47 and a 52 week high of $182.67. The company has a market capitalization of $207.42 billion, a PE ratio of 24.14, a price-to-earnings-growth 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 company’s 50-day simple moving average is $169.23 and its two-hundred day simple moving average is $164.26.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data 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. The firm 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%. The company’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter last year, the business posted $1.58 EPS. Research analysts anticipate that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

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.