T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Brighton Jones LLC

Brighton Jones LLC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.4% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 286,626 shares of the Wireless communications provider’s stock after acquiring an additional 3,999 shares during the period. T-Mobile US comprises about 1.9% of Brighton Jones LLC’s portfolio, making the stock its 7th biggest position. Brighton Jones LLC’s holdings in T-Mobile US were worth $45,955,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. BluePath Capital Management LLC bought a new stake in shares of T-Mobile US during the 3rd quarter valued at about $26,000. Valley National Advisers Inc. raised its stake in shares of T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 123 shares during the last quarter. Baker Avenue Asset Management LP raised its stake in shares of T-Mobile US by 63.3% in the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares during the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in shares of T-Mobile US in the fourth quarter worth approximately $34,000. Finally, Raleigh Capital Management Inc. raised its stake in shares of T-Mobile US by 54.5% in the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on TMUS. Citigroup increased their price objective on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a report on Monday, March 25th. Oppenheimer reaffirmed an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a report on Wednesday, April 3rd. Royal Bank of Canada increased their price objective on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a research report on Friday. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Finally, Tigress Financial increased their price objective on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Trading Down 0.0 %

Shares of NASDAQ TMUS traded down $0.08 during trading hours on Tuesday, hitting $164.17. The company’s stock had a trading volume of 4,122,347 shares, compared to its average volume of 4,545,801. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94. The stock has a market cap of $194.85 billion, a price-to-earnings ratio of 22.31, a P/E/G ratio of 0.67 and a beta of 0.49. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The business has a 50-day simple moving average of $162.58 and a 200-day simple moving average of $157.34.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.83 by $0.17. The business had revenue of $19.59 billion for the quarter, compared to analysts’ expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.58 EPS. On average, analysts anticipate that T-Mobile US, Inc. will post 8.97 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.58%. T-Mobile US’s payout ratio is 35.37%.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $161.40, for a total transaction of $31,458,474.00. Following the completion of the transaction, the director now directly owns 689,541,011 shares in the company, valued at $111,291,919,175.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other T-Mobile US news, Director Telekom Ag Deutsche sold 194,910 shares of the firm’s stock in a transaction dated Wednesday, January 31st. The stock was sold at an average price of $161.40, for a total value of $31,458,474.00. Following the transaction, the director now directly owns 689,541,011 shares of the company’s stock, valued at $111,291,919,175.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO G Michael Sievert sold 40,000 shares of the stock in a transaction that occurred 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 in the company, valued at $79,886,597.80. The disclosure for this sale can be found here. In the last three months, insiders have sold 5,985,409 shares of company stock valued at $971,083,803. 0.70% of the stock is currently owned by corporate insiders.

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.