Dynamic Advisor Solutions LLC Has $918,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Dynamic Advisor Solutions LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,451 shares of the Wireless communications provider’s stock after purchasing an additional 199 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in T-Mobile US were worth $918,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Bragg Financial Advisors Inc grew its holdings in shares of T-Mobile US by 64.5% during the 4th quarter. Bragg Financial Advisors Inc now owns 12,196 shares of the Wireless communications provider’s stock valued at $1,955,000 after acquiring an additional 4,782 shares in the last quarter. Barden Capital Management Inc. grew its holdings in shares of T-Mobile US by 13.0% during the 4th quarter. Barden Capital Management Inc. now owns 8,722 shares of the Wireless communications provider’s stock valued at $1,398,000 after acquiring an additional 1,001 shares in the last quarter. Gotham Asset Management LLC grew its holdings in shares of T-Mobile US by 70.9% during the 4th quarter. Gotham Asset Management LLC now owns 72,886 shares of the Wireless communications provider’s stock valued at $11,686,000 after acquiring an additional 30,237 shares in the last quarter. Groupama Asset Managment purchased a new position in shares of T-Mobile US during the 4th quarter valued at $35,493,000. Finally, Fullerton Fund Management Co Ltd. grew its holdings in shares of T-Mobile US by 2.8% during the 4th quarter. Fullerton Fund Management Co Ltd. now owns 94,081 shares of the Wireless communications provider’s stock valued at $15,084,000 after acquiring an additional 2,530 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMUS has been the topic of several research analyst reports. Wells Fargo & Company boosted their price target on shares of T-Mobile US from $200.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, September 12th. Oppenheimer boosted their price target on shares of T-Mobile US from $200.00 to $215.00 and gave the company an “outperform” rating in a report on Thursday, September 19th. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Evercore ISI upped their price objective on shares of T-Mobile US from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Finally, Tigress Financial upped their price objective on shares of T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Nineteen investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Buy” and an average target price of $216.36.

T-Mobile US Stock Down 0.3 %

Shares of TMUS opened at $211.45 on Friday. T-Mobile US, Inc. has a 52 week low of $136.85 and a 52 week high of $215.18. The firm has a market capitalization of $247.79 billion, a P/E ratio of 28.77, a P/E/G ratio of 1.07 and a beta of 0.51. The company has a 50-day simple moving average of $199.40 and a 200-day simple moving average of $180.49. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business had revenue of $19.77 billion for the quarter, compared to the consensus estimate of $19.61 billion. During the same period last year, the business earned $1.86 earnings per share. The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. On average, equities research analysts expect that T-Mobile US, Inc. will post 9.13 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.88 per share. 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 dividend on an annualized basis and a yield of 1.66%. T-Mobile US’s dividend payout ratio (DPR) is 47.89%.

Insider Buying and Selling

In related news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total transaction of $615,900.00. Following the sale, the insider now directly owns 119,687 shares of the company’s stock, valued at $24,571,741.10. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other T-Mobile US news, insider Jon Freier sold 10,000 shares of the firm’s 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 completion of the transaction, the insider now owns 162,628 shares in the company, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total transaction of $615,900.00. Following the transaction, the insider now owns 119,687 shares of the company’s stock, valued at approximately $24,571,741.10. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 306,492 shares of company stock valued at $60,161,906 over the last three months. 0.67% of the stock is owned by corporate insiders.

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.