Nisa Investment Advisors LLC Boosts Stake in T-Mobile US, Inc. $TMUS

Nisa Investment Advisors LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 171,996 shares of the Wireless communications provider’s stock after purchasing an additional 9,335 shares during the quarter. Nisa Investment Advisors LLC’s holdings in T-Mobile US were worth $40,980,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC raised its position in T-Mobile US by 10.2% during the first quarter. GAMMA Investing LLC now owns 11,449 shares of the Wireless communications provider’s stock worth $3,054,000 after acquiring an additional 1,059 shares during the period. Perigon Wealth Management LLC raised its stake in T-Mobile US by 7.0% in the 1st quarter. Perigon Wealth Management LLC now owns 3,892 shares of the Wireless communications provider’s stock valued at $1,038,000 after purchasing an additional 256 shares during the last quarter. Pure Financial Advisors LLC purchased a new position in T-Mobile US in the 1st quarter valued at $358,000. Creative Financial Designs Inc. ADV grew its holdings in shares of T-Mobile US by 17.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,084 shares of the Wireless communications provider’s stock worth $289,000 after buying an additional 164 shares in the last quarter. Finally, Beacon Financial Advisory LLC purchased a new stake in shares of T-Mobile US during the first quarter worth $217,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction that occurred on Wednesday, October 22nd. The stock was sold at an average price of $226.17, for a total transaction of $14,571,228.42. Following the completion of the sale, the director owned 582,220,759 shares in the company, valued at $131,680,869,063.03. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last quarter, insiders sold 2,389,677 shares of company stock worth $575,795,321. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $217.77 on Friday. The stock’s 50-day moving average is $239.30 and its two-hundred day moving average is $240.62. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 1.13. The company has a market cap of $245.08 billion, a price-to-earnings ratio of 20.94, a price-to-earnings-growth ratio of 1.49 and a beta of 0.59. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49.

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

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. T-Mobile US’s dividend payout ratio (DPR) is presently 33.85%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of recent research reports. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. JPMorgan Chase & Co. upped their target price on T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Scotiabank lifted their price target on T-Mobile US from $271.50 to $278.00 and gave the stock a “sector outperform” rating in a report on Monday, October 6th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research report on Monday, July 7th. Finally, BNP Paribas Exane lifted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $268.22.

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.