T-Mobile US, Inc. $TMUS Position Increased by Jeppson Wealth Management LLC

Jeppson Wealth Management LLC boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 270.0% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,633 shares of the Wireless communications provider’s stock after purchasing an additional 3,381 shares during the period. Jeppson Wealth Management LLC’s holdings in T-Mobile US were worth $756,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. Essex Financial Services Inc. lifted its position in T-Mobile US by 3.5% in the 1st quarter. Essex Financial Services Inc. now owns 1,551 shares of the Wireless communications provider’s stock worth $326,000 after buying an additional 53 shares in the last quarter. Sachetta LLC boosted its stake in shares of T-Mobile US by 52.9% during the 1st quarter. Sachetta LLC now owns 159 shares of the Wireless communications provider’s stock valued at $33,000 after buying an additional 55 shares during the period. Legacy Wealth Asset Management LLC grew its holdings in shares of T-Mobile US by 1.2% during the 2nd quarter. Legacy Wealth Asset Management LLC now owns 4,844 shares of the Wireless communications provider’s stock valued at $812,000 after acquiring an additional 56 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of T-Mobile US by 2.6% during the 1st quarter. Harbor Investment Advisory LLC now owns 2,351 shares of the Wireless communications provider’s stock valued at $494,000 after acquiring an additional 60 shares in the last quarter. Finally, Heartland Bank & Trust Co grew its holdings in shares of T-Mobile US by 3.5% during the 1st quarter. Heartland Bank & Trust Co now owns 1,841 shares of the Wireless communications provider’s stock valued at $387,000 after acquiring an additional 62 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total value of $137,670.76. Following the completion of the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 0.32% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $156.09 on Tuesday. The firm has a market cap of $167.43 billion, a PE ratio of 16.34, a PEG ratio of 0.99 and a beta of 0.33. The firm’s 50 day moving average price is $172.47 and its 200 day moving average price is $181.81. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.83 and a current ratio of 0.92. T-Mobile US, Inc. has a twelve month low of $147.90 and a twelve month high of $230.54.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, July 23rd. The Wireless communications provider reported $2.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.59 by $0.40. The firm had revenue of $22.79 billion during the quarter, compared to analysts’ expectations of $22.95 billion. T-Mobile US had a net margin of 11.45% and a return on equity of 20.16%. The company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.84 earnings per share. As a group, research analysts expect that T-Mobile US, Inc. will post 11.17 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 10th. Stockholders of record on Wednesday, November 25th will be issued a dividend of $1.17 per share. The ex-dividend date is Wednesday, November 25th. This represents a $4.68 dividend on an annualized basis and a dividend yield of 3.0%. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is 42.72%.

Analysts Set New Price Targets

TMUS has been the topic of a number of research reports. TD Cowen dropped their price target on shares of T-Mobile US from $261.00 to $260.00 and set a “buy” rating on the stock in a research note on Friday, July 24th. Bank of America raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $220.00 price objective for the company in a research report on Monday, July 6th. Royal Bank Of Canada reduced their price objective on T-Mobile US from $240.00 to $230.00 and set an “outperform” rating for the company in a research report on Monday, July 20th. Wolfe Research restated a “peer perform” rating on shares of T-Mobile US in a research note on Friday, August 14th. Finally, Barclays dropped their target price on T-Mobile US from $215.00 to $200.00 and set an “overweight” rating on the stock in a research report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $244.65.

T-Mobile US Profile

T-Mobile US, Inc (NASDAQ: TMUS) is a wireless communications company that provides mobile voice, messaging and data services to consumers, businesses and government customers in the United States, Puerto Rico and the U.S. Virgin Islands. Its offerings include postpaid and prepaid wireless plans, connected devices, broadband internet and other communications services.

The company operates a nationwide wireless network, including 5G services, and sells smartphones, tablets, connected devices and related accessories through retail stores, online channels and third-party distributors.