2,012 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by Silver Lake Advisory LLC

Silver Lake Advisory LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,012 shares of the Wireless communications provider’s stock, valued at approximately $354,000.

Other institutional investors also recently modified their holdings of the company. Compton Wealth Advisory Group LLC raised its position in T-Mobile US by 0.4% in the 2nd quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock valued at $2,644,000 after buying an additional 56 shares during the last quarter. Benjamin Edwards Inc. lifted its position in shares of T-Mobile US by 0.7% in the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock worth $1,468,000 after purchasing an additional 56 shares in the last quarter. Anfield Capital Management LLC boosted its holdings in T-Mobile US by 18.7% during the second quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after purchasing an additional 57 shares during the last quarter. Capital Advisors Ltd. LLC boosted its holdings in T-Mobile US by 22.6% during the second quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock worth $55,000 after purchasing an additional 58 shares during the last quarter. Finally, Proficio Capital Partners LLC grew its position in T-Mobile US by 2.3% in the first quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock valued at $464,000 after purchasing an additional 64 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the transaction, the director now directly owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the 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 sale, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. The disclosure for this sale can be found here. Over the last three months, insiders have sold 303,492 shares of company stock valued at $59,546,006. 0.67% of the stock is owned by company insiders.

T-Mobile US Trading Up 0.9 %

Shares of TMUS stock opened at $205.18 on Monday. T-Mobile US, Inc. has a 12-month low of $135.82 and a 12-month high of $208.16. The firm has a 50 day moving average price of $194.35 and a two-hundred day moving average price of $177.97. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The company has a market capitalization of $240.44 billion, a PE ratio of 27.92, a price-to-earnings-growth ratio of 1.07 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.22. The business had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the company posted $1.86 EPS. As a group, analysts predict 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 of this dividend is Wednesday, November 27th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a dividend yield of 1.72%. T-Mobile US’s dividend payout ratio is 47.89%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on TMUS. Evercore ISI increased their price objective on shares of T-Mobile US from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday, September 19th. 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. Wells Fargo & Company boosted their price target on T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Scotiabank increased their price objective on T-Mobile US from $197.00 to $215.50 and gave the company a “sector outperform” rating in a report on Thursday, September 19th. Finally, Bank of America boosted their target price on shares of T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, June 10th. Eighteen research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $214.36.

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.