GHP Investment Advisors Inc. Grows Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

GHP Investment Advisors Inc. raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 18.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 879 shares of the Wireless communications provider’s stock after acquiring an additional 134 shares during the period. GHP Investment Advisors Inc.’s holdings in T-Mobile US were worth $181,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. WASHINGTON TRUST Co increased its holdings in shares of T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the period. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. Summit Securities Group LLC purchased a new position in T-Mobile US during the 2nd quarter worth $27,000. Y.D. More Investments Ltd purchased a new position in T-Mobile US during the 2nd quarter worth $27,000. Finally, Westside Investment Management Inc. lifted its stake in shares of T-Mobile US by 75.8% in the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 75 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TMUS has been the subject of several analyst reports. Morgan Stanley increased their price target on shares of T-Mobile US from $191.00 to $209.00 and gave the stock an “overweight” rating in a report on Monday, September 16th. Citigroup increased their target price on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. TD Cowen raised their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday. Tigress Financial upped their price objective on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, July 18th. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $240.17.

Insider Buying and Selling at T-Mobile US

In other news, insider Jon Freier sold 10,000 shares of the stock in a transaction dated 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 transaction, the insider now directly owns 162,628 shares in the company, valued at $29,577,154.36. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 418,124 shares of the company’s stock, valued at approximately $81,354,386.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Freier sold 10,000 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $181.87, for a total value of $1,818,700.00. Following the transaction, the insider now owns 162,628 shares in the company, valued at approximately $29,577,154.36. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 349,261 shares of company stock worth $69,411,130. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 3.1 %

TMUS stock opened at $226.36 on Monday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The company’s 50 day simple moving average is $206.12 and its 200-day simple moving average is $185.58. T-Mobile US, Inc. has a 12 month low of $138.42 and a 12 month high of $234.56. The firm has a market capitalization of $264.11 billion, a PE ratio of 28.37, a P/E/G ratio of 1.15 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the prior year, the firm earned $1.82 EPS. T-Mobile US’s quarterly revenue was up 4.7% on a year-over-year basis. Equities analysts expect that T-Mobile US, Inc. will post 9.22 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is currently 32.58%.

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.