STF Management LP Buys 436 Shares of T-Mobile US, Inc. $TMUS

STF Management LP increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 18,191 shares of the Wireless communications provider’s stock after acquiring an additional 436 shares during the period. T-Mobile US accounts for about 1.7% of STF Management LP’s holdings, making the stock its 14th biggest holding. STF Management LP’s holdings in T-Mobile US were worth $4,334,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of TMUS. CWM LLC increased its holdings in T-Mobile US by 7.6% during the first quarter. CWM LLC now owns 58,648 shares of the Wireless communications provider’s stock worth $15,642,000 after buying an additional 4,164 shares during the last quarter. MQS Management LLC bought a new stake in shares of T-Mobile US in the 1st quarter valued at about $461,000. Bleakley Financial Group LLC grew its holdings in T-Mobile US by 8.1% during the first quarter. Bleakley Financial Group LLC now owns 10,111 shares of the Wireless communications provider’s stock worth $2,697,000 after purchasing an additional 760 shares during the period. Florida Financial Advisors LLC increased its position in T-Mobile US by 91.8% during the first quarter. Florida Financial Advisors LLC now owns 3,141 shares of the Wireless communications provider’s stock worth $838,000 after buying an additional 1,503 shares during the last quarter. Finally, Mitchell Mcleod Pugh & Williams Inc. lifted its position in shares of T-Mobile US by 4.9% in the first quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 6,139 shares of the Wireless communications provider’s stock valued at $1,637,000 after buying an additional 284 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Down 0.5%

TMUS stock opened at $205.87 on Tuesday. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week high of $276.49. The business has a 50-day simple moving average of $229.57 and a 200 day simple moving average of $236.50. 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 company has a market cap of $230.27 billion, a PE ratio of 19.80, 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 EPS for the quarter, beating the consensus estimate 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 last year, the firm earned $2.61 EPS. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. 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 2.0%. T-Mobile US’s dividend payout ratio is currently 39.23%.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total value of $302,912.04. Following the sale, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This trade represents a 0.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Srini Gopalan bought 9,800 shares of the firm’s stock in a transaction on Thursday, November 6th. The shares were bought at an average cost of $201.82 per share, for a total transaction of $1,977,836.00. Following the purchase, the chief executive officer owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. The trade was a 12.18% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders sold 2,043,381 shares of company stock worth $489,095,047. Company insiders own 0.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TMUS. Benchmark increased their price objective 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. TD Cowen decreased their price target on shares of T-Mobile US from $291.00 to $263.00 and set a “buy” rating on the stock in a research note on Friday, October 24th. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Moffett Nathanson upped their target price on T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Finally, DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Three equities research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $266.63.

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.