OmniStar Financial Group Inc. Sells 250 Shares of T-Mobile US, Inc. $TMUS

OmniStar Financial Group Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,290 shares of the Wireless communications provider’s stock after selling 250 shares during the period. OmniStar Financial Group Inc.’s holdings in T-Mobile US were worth $1,260,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in TMUS. Activest Wealth Management increased its holdings in shares of T-Mobile US by 9,400.0% during the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 94 shares during the last quarter. Missouri Trust & Investment Co boosted its position in T-Mobile US by 807.7% during the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 105 shares during the period. Stone House Investment Management LLC acquired a new position in shares of T-Mobile US in the first quarter valued at $29,000. Aspect Partners LLC raised its position in shares of T-Mobile US by 112.1% in the second quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 65 shares during the period. Finally, TCTC Holdings LLC lifted its stake in shares of T-Mobile US by 208.1% during the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after buying an additional 77 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their target price on T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 30th. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research note on Tuesday, October 28th. Finally, BNP Paribas Exane upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $266.83.

T-Mobile US Stock Up 0.7%

T-Mobile US stock opened at $216.08 on Friday. T-Mobile US, Inc. has a 1-year low of $199.41 and a 1-year high of $276.49. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The firm’s fifty day moving average price is $226.40 and its two-hundred day moving average price is $235.89. The firm has a market capitalization of $241.69 billion, a price-to-earnings ratio of 20.78, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57.

T-Mobile US (NASDAQ:TMUS) last released its 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. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. During the same period in the prior year, the company posted $2.61 earnings per share. T-Mobile US’s quarterly revenue was up 8.9% on a year-over-year basis. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

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

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $240.08, for a total transaction of $16,767,187.20. Following the completion of the transaction, the director owned 635,014,604 shares of the company’s stock, valued at $152,454,306,128.32. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders have sold 1,971,041 shares of company stock worth $470,946,486 over the last ninety days. Corporate insiders own 0.37% of the company’s stock.

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.