Insigneo Advisory Services LLC Has $510,000 Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Insigneo Advisory Services LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 22.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,911 shares of the Wireless communications provider’s stock after purchasing an additional 344 shares during the quarter. Insigneo Advisory Services LLC’s holdings in T-Mobile US were worth $510,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in TMUS. Godsey & Gibb Inc. raised its holdings in shares of T-Mobile US by 139.5% in the 1st quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock worth $27,000 after acquiring an additional 60 shares during the last quarter. Rakuten Securities Inc. increased its holdings in T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust purchased a new stake in shares of T-Mobile US in the fourth quarter worth approximately $28,000. City Holding Co. lifted its holdings in shares of T-Mobile US by 45.3% in the first quarter. City Holding Co. now owns 138 shares of the Wireless communications provider’s stock valued at $37,000 after purchasing an additional 43 shares in the last quarter. Finally, Adirondack Trust Co. lifted its holdings in shares of T-Mobile US by 366.7% in the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock valued at $37,000 after purchasing an additional 110 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

T-Mobile US Trading Down 0.2%

Shares of TMUS opened at $220.99 on Thursday. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The business has a 50-day moving average of $244.62 and a 200 day moving average of $243.40. The firm has a market cap of $250.92 billion, a P/E ratio of 21.56, a price-to-earnings-growth ratio of 1.22 and a beta of 0.64. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 14.41% and a return on equity of 19.09%. The company’s revenue was up 6.6% on a year-over-year basis. During the same quarter last year, the company earned $2.00 earnings per share. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a yield of 1.59%. T-Mobile US’s payout ratio is 34.34%.

Analyst Ratings Changes

A number of research firms recently commented on TMUS. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. JPMorgan Chase & Co. increased their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Tuesday, March 18th. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 price objective for the company. in a research report on Friday, March 14th. Finally, Benchmark reiterated a “buy” rating and issued a $275.00 price objective on shares of T-Mobile US in a research note on Thursday, March 27th. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $257.68.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $230.16, for a total transaction of $16,074,374.40. Following the sale, the director now directly owns 588,274,099 shares in the company, valued at $135,397,166,625.84. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.37% of the company’s stock.

About T-Mobile US

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.