Coldstream Capital Management Inc. Has $3.44 Million Holdings in T-Mobile US, Inc. $TMUS

Coldstream Capital Management Inc. increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 14.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,430 shares of the Wireless communications provider’s stock after acquiring an additional 1,819 shares during the quarter. Coldstream Capital Management Inc.’s holdings in T-Mobile US were worth $3,438,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Cynosure Group LLC raised its position in shares of T-Mobile US by 27.2% in the second quarter. Cynosure Group LLC now owns 1,640 shares of the Wireless communications provider’s stock valued at $391,000 after buying an additional 351 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in T-Mobile US by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 3,331,856 shares of the Wireless communications provider’s stock worth $793,848,000 after acquiring an additional 36,424 shares during the period. American Century Companies Inc. increased its stake in T-Mobile US by 29.4% during the 2nd quarter. American Century Companies Inc. now owns 548,781 shares of the Wireless communications provider’s stock worth $130,753,000 after acquiring an additional 124,541 shares during the period. Nemes Rush Group LLC raised its holdings in T-Mobile US by 692.4% in the 2nd quarter. Nemes Rush Group LLC now owns 10,167 shares of the Wireless communications provider’s stock valued at $2,422,000 after acquiring an additional 8,884 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its position in shares of T-Mobile US by 1.0% during the 2nd quarter. AlphaCore Capital LLC now owns 5,775 shares of the Wireless communications provider’s stock valued at $1,376,000 after acquiring an additional 55 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wolfe Research decreased their price target on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 30th. Williams Trading set a $263.00 target price on shares of T-Mobile US in a report on Friday, October 24th. Benchmark boosted their target price on shares of T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Tigress Financial increased their price target on shares of T-Mobile US from $305.00 to $310.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Finally, Rothschild Redb raised shares of T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $266.83.

Insider Activity

In other T-Mobile US news, CEO Srini Gopalan bought 9,800 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was acquired at an average price of $201.82 per share, with a total value of $1,977,836.00. Following the completion of the purchase, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. This trade represents a 12.18% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Telekom Ag Deutsche sold 1,374 shares of T-Mobile US stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the sale, the director owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,719,181 shares of company stock worth $404,701,767. 0.37% of the stock is owned by company insiders.

T-Mobile US Price Performance

Shares of TMUS opened at $209.48 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The stock has a market cap of $234.30 billion, a PE ratio of 20.14, a PEG ratio of 1.51 and a beta of 0.57. T-Mobile US, Inc. has a 12-month low of $199.41 and a 12-month high of $276.49. The business has a 50-day simple moving average of $223.42 and a two-hundred day simple moving average of $234.44.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.61 earnings per share. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

T-Mobile US 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.