McGlone Suttner Wealth Management Inc. Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

McGlone Suttner Wealth Management Inc. bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,603 shares of the Wireless communications provider’s stock, valued at approximately $257,000.

A number of other institutional investors have also recently modified their holdings of the business. BluePath Capital Management LLC acquired a new stake in T-Mobile US in the 3rd quarter worth about $26,000. Baker Avenue Asset Management LP boosted its holdings in T-Mobile US by 63.3% in the 3rd quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after buying an additional 81 shares during the last quarter. SkyView Investment Advisors LLC acquired a new stake in T-Mobile US in the 1st quarter worth about $31,000. Raleigh Capital Management Inc. boosted its holdings in T-Mobile US by 54.5% in the 3rd quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after buying an additional 90 shares during the last quarter. Finally, KB Financial Partners LLC acquired a new stake in T-Mobile US in the 1st quarter worth about $39,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Trading Up 0.7 %

T-Mobile US stock traded up $1.21 during trading on Thursday, hitting $163.22. The company had a trading volume of 3,919,675 shares, compared to its average volume of 4,672,269. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The company’s 50 day simple moving average is $162.68 and its 200-day simple moving average is $153.75. The stock has a market cap of $193.72 billion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. During the same quarter last year, the business posted $1.18 EPS. The firm’s revenue for the quarter was up 1.0% on a year-over-year basis. As a group, analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.59%. T-Mobile US’s dividend payout ratio (DPR) is presently 37.52%.

Wall Street Analyst Weigh In

TMUS has been the topic of several research analyst reports. Oppenheimer reiterated an “outperform” rating and issued a $190.00 price objective on shares of T-Mobile US in a report on Tuesday, December 19th. Raymond James raised their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research note on Friday, January 26th. UBS Group raised their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock a “buy” rating in a research note on Wednesday, December 13th. Wells Fargo & Company raised their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research note on Monday, January 22nd. Finally, Tigress Financial raised their target price on shares of T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research note on Thursday, February 8th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $185.93.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $161.87, for a total value of $30,701,882.90. Following the completion of the transaction, the director now owns 681,995,476 shares in the company, valued at $110,394,607,700.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other T-Mobile US news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction on Wednesday, March 27th. The shares were sold at an average price of $161.87, for a total value of $30,701,882.90. Following the completion of the transaction, the director now owns 681,995,476 shares in the company, valued at $110,394,607,700.12. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO G Michael Sievert sold 40,000 shares of the business’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total transaction of $6,442,000.00. Following the completion of the transaction, the chief executive officer now owns 496,036 shares of the company’s stock, valued at approximately $79,886,597.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 5,926,047 shares of company stock worth $964,431,029. Insiders own 0.70% 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.