Kestra Advisory Services LLC Grows Stock Position in T-Mobile US, Inc. $TMUS

Kestra Advisory Services LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 12.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 38,423 shares of the Wireless communications provider’s stock after buying an additional 4,304 shares during the quarter. Kestra Advisory Services LLC’s holdings in T-Mobile US were worth $8,070,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JDM Financial Group LLC lifted its holdings in shares of T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 65 shares during the last quarter. Swiss RE Ltd. purchased a new stake in T-Mobile US in the 4th quarter worth about $29,000. Turning Point Benefit Group Inc. raised its position in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after purchasing an additional 153 shares during the period. Acumen Wealth Advisors LLC bought a new stake in T-Mobile US in the fourth quarter worth about $36,000. Finally, United Community Bank lifted its stake in T-Mobile US by 78.8% in the fourth quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after purchasing an additional 82 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Trading Up 0.5%

NASDAQ TMUS opened at $188.48 on Tuesday. T-Mobile US, Inc. has a one year low of $165.66 and a one year high of $261.56. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The company has a market capitalization of $203.97 billion, a price-to-earnings ratio of 20.05, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33. The company’s 50-day simple moving average is $185.23 and its two-hundred day simple moving average is $196.50.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same period last year, the firm earned $2.58 earnings per share. Equities analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Friday, August 28th will be issued a $1.02 dividend. The ex-dividend date is Friday, August 28th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on TMUS shares. The Goldman Sachs Group reaffirmed a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a research note on Wednesday, April 8th. KeyCorp upgraded T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective for the company in a report on Monday, April 13th. Oppenheimer raised T-Mobile US from a “market perform” rating to an “outperform” rating and set a $260.00 price objective on the stock in a research report on Wednesday, April 29th. Finally, Arete Research increased their target price on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $255.76.

Insider Transactions at T-Mobile US

In related news, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, insider Andre Almeida acquired 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This represents a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 0.32% of the company’s stock.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.