Brueske Advisory Services LLC Acquires New Shares in T-Mobile US, Inc. (NASDAQ:TMUS)

Brueske Advisory Services LLC acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 2,698 shares of the Wireless communications provider’s stock, valued at approximately $596,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TMUS. Dunhill Financial LLC lifted its position in T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. Financial Life Planners bought a new position in T-Mobile US in the 4th quarter valued at approximately $29,000. Legacy Investment Solutions LLC bought a new position in T-Mobile US in the 3rd quarter valued at approximately $34,000. Planning Capital Management Corp lifted its position in T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 101 shares in the last quarter. Finally, Bruce G. Allen Investments LLC lifted its position in T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after acquiring an additional 73 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TMUS shares. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research report on Wednesday. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price for the company. Barclays boosted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, January 30th. Finally, KeyCorp lowered shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a research note on Thursday, December 12th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $251.79.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the sale, the director now directly owns 4,021 shares of the company’s stock, valued at $989,166. This represents a 19.92 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Andre Almeida acquired 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now directly owns 3,808 shares in the company, valued at $897,621.76. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. 0.67% of the stock is owned by insiders.

T-Mobile US Trading Down 2.6 %

Shares of TMUS stock opened at $263.58 on Thursday. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $273.40. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market capitalization of $300.94 billion, a PE ratio of 27.26, a PEG ratio of 1.55 and a beta of 0.56. The stock has a fifty day simple moving average of $233.61 and a two-hundred day simple moving average of $222.99.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

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.