MFA Wealth Advisors LLC Has $28,000 Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

MFA Wealth Advisors LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 128.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 137 shares of the Wireless communications provider’s stock after acquiring an additional 77 shares during the period. MFA Wealth Advisors LLC’s holdings in T-Mobile US were worth $28,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. RAM Investment Partners LLC raised its position in shares of T-Mobile US by 33.9% during the third quarter. RAM Investment Partners LLC now owns 1,782 shares of the Wireless communications provider’s stock valued at $368,000 after buying an additional 451 shares during the last quarter. Greenleaf Trust raised its position in shares of T-Mobile US by 1.6% during the third quarter. Greenleaf Trust now owns 9,424 shares of the Wireless communications provider’s stock valued at $1,945,000 after buying an additional 152 shares during the last quarter. Weaver Capital Management LLC raised its position in shares of T-Mobile US by 107.4% during the third quarter. Weaver Capital Management LLC now owns 5,048 shares of the Wireless communications provider’s stock valued at $1,042,000 after buying an additional 2,614 shares during the last quarter. Community Trust & Investment Co. raised its position in shares of T-Mobile US by 0.4% during the third quarter. Community Trust & Investment Co. now owns 68,416 shares of the Wireless communications provider’s stock valued at $14,118,000 after buying an additional 245 shares during the last quarter. Finally, Private Advisor Group LLC raised its position in shares of T-Mobile US by 7.0% during the third quarter. Private Advisor Group LLC now owns 24,235 shares of the Wireless communications provider’s stock valued at $5,001,000 after buying an additional 1,592 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on TMUS shares. Raymond James cut shares of T-Mobile US from a “strong-buy” rating to an “outperform” rating and upped their target price for the company from $208.00 to $221.00 in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $220.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, September 19th. TD Cowen upped their target price on shares of T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Benchmark upped their target price on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, September 20th. Finally, Oppenheimer upped their target price on shares of T-Mobile US from $200.00 to $215.00 and gave the company an “outperform” rating in a research note on Thursday, September 19th. One investment analyst has rated the stock with a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $219.94.

T-Mobile US Price Performance

TMUS opened at $220.95 on Thursday. T-Mobile US, Inc. has a one year low of $137.69 and a one year high of $223.91. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The company’s 50 day simple moving average is $204.75 and its 200-day simple moving average is $184.44. The stock has a market capitalization of $258.92 billion, a P/E ratio of 30.06, a price-to-earnings-growth ratio of 1.12 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 EPS for the quarter, beating the consensus estimate of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The business had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. During the same period in the prior year, the firm earned $1.86 earnings per share. T-Mobile US’s revenue was up 3.0% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile US, Inc. will post 9.14 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a $0.88 dividend. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.59%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is currently 47.89%.

Insider Activity at T-Mobile US

In related news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the transaction, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the transaction, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Raul Marcelo Claure sold 9,586 shares of the stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $196.96, for a total transaction of $1,888,058.56. Following the completion of the sale, the director now owns 1,940,792 shares in the company, valued at approximately $382,258,392.32. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 349,261 shares of company stock worth $69,411,130 over the last ninety days. Company insiders own 0.67% of the company’s stock.

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.