Insight Folios Inc Acquires 95 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Insight Folios Inc lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.3% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 4,284 shares of the Wireless communications provider’s stock after buying an additional 95 shares during the period. Insight Folios Inc’s holdings in T-Mobile US were worth $699,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the business. Private Wealth Management Group LLC bought a new stake in shares of T-Mobile US in the 4th quarter worth about $27,000. Valley National Advisers Inc. lifted its stake in T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the last quarter. Westside Investment Management Inc. lifted its stake in shares of T-Mobile US by 75.8% during 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 last quarter. Baker Avenue Asset Management LP boosted its holdings in T-Mobile US by 63.3% during the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 81 shares during the period. Finally, Bay Harbor Wealth Management LLC bought a new position in T-Mobile US in the 4th quarter valued at $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Down 0.8 %

TMUS stock traded down $1.52 during trading on Thursday, reaching $178.46. 1,652,895 shares of the company traded hands, compared to its average volume of 6,101,476. The business has a 50 day simple moving average of $170.80 and a 200 day simple moving average of $164.95. T-Mobile US, Inc. has a 12 month low of $131.47 and a 12 month high of $182.67. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The company has a market capitalization of $209.13 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 0.70 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations 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 was down .2% compared to the same quarter last year. During the same period last year, the business earned $1.58 EPS. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 9.01 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s payout ratio is presently 35.37%.

Insider Activity

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction dated Monday, July 1st. The stock was sold at an average price of $177.59, for a total value of $532,770.00. Following the completion of the sale, the insider now owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. In related news, Director Telekom Ag Deutsche sold 189,670 shares of the firm’s stock in a transaction on Friday, April 5th. The stock was sold at an average price of $161.41, for a total value of $30,614,634.70. Following the completion of the transaction, the director now owns 680,857,456 shares in the company, valued at approximately $109,897,201,972.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the sale, the insider now owns 122,687 shares in the company, valued at approximately $21,787,984.33. The disclosure for this sale can be found here. In the last quarter, insiders sold 6,399,830 shares of company stock worth $1,071,720,246. Insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. The Goldman Sachs Group assumed coverage on shares of T-Mobile US in a research note on Monday. They set a “buy” rating and a $200.00 target price for the company. Royal Bank of Canada upped their target price on shares of T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research note on Friday, April 26th. TD Cowen decreased their price target on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research note on Friday, April 26th. Benchmark reiterated a “buy” rating and issued a $200.00 price target on shares of T-Mobile US in a report on Wednesday, May 29th. Finally, StockNews.com downgraded T-Mobile US from a “buy” rating to a “hold” rating in a report on Wednesday. One research analyst has rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $190.79.

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.