4,111 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the first quarter, Holdings Channel reports. The firm purchased 4,111 shares of the Wireless communications provider’s stock, valued at approximately $1,096,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp grew its stake in T-Mobile US by 3.1% during the 4th quarter. Van ECK Associates Corp now owns 20,855 shares of the Wireless communications provider’s stock worth $4,603,000 after buying an additional 625 shares during the last quarter. Avantax Advisory Services Inc. grew its stake in shares of T-Mobile US by 5.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 37,478 shares of the Wireless communications provider’s stock valued at $8,272,000 after purchasing an additional 1,859 shares during the last quarter. Burling Wealth Partners LLC purchased a new position in shares of T-Mobile US in the 4th quarter valued at approximately $2,539,000. Tallon Kerry Patrick purchased a new position in shares of T-Mobile US in the 4th quarter valued at approximately $2,138,000. Finally, Mizuho Securities USA LLC grew its stake in shares of T-Mobile US by 45.4% in the 4th quarter. Mizuho Securities USA LLC now owns 46,195 shares of the Wireless communications provider’s stock valued at $10,197,000 after purchasing an additional 14,418 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction on Monday, June 16th. The stock was sold at an average price of $230.16, for a total value of $16,074,374.40. Following the completion of the transaction, the director now directly owns 588,274,099 shares of the company’s stock, valued at $135,397,166,625.84. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.37% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on TMUS shares. Tigress Financial lifted their target price on T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a research note on Tuesday, April 29th. Wall Street Zen downgraded T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from $275.00 to $277.50 in a research note on Wednesday, April 30th. Finally, UBS Group downgraded T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Friday, March 21st. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus price target of $257.68.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $221.43 on Wednesday. The stock has a fifty day moving average price of $245.30 and a 200 day moving average price of $243.55. The stock has a market cap of $251.42 billion, a PE ratio of 21.60, a P/E/G ratio of 1.27 and a beta of 0.64. T-Mobile US, Inc. has a 1 year low of $173.74 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to analysts’ expectations of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. T-Mobile US’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm posted $2.00 earnings per share. Sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.59%. T-Mobile US’s dividend payout ratio is presently 34.34%.

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.