Wealth Alliance Has $367,000 Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Wealth Alliance lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,665 shares of the Wireless communications provider’s stock after buying an additional 52 shares during the period. Wealth Alliance’s holdings in T-Mobile US were worth $367,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the business. Wellington Management Group LLP raised its holdings in shares of T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after buying an additional 602,786 shares in the last quarter. FMR LLC raised its holdings in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Barclays PLC raised its holdings in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after buying an additional 47,350 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the sale, the director now owns 5,021 shares in the company, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the company’s stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now owns 5,653 shares in the company, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,100 shares of company stock worth $747,378 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Trading Down 0.1 %

NASDAQ TMUS opened at $265.17 on Friday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $271.41. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The business’s 50-day moving average price is $230.98 and its two-hundred day moving average price is $221.21. The firm has a market capitalization of $302.76 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. T-Mobile US’s payout ratio is 36.40%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of research analyst reports. Royal Bank of Canada boosted their price target on T-Mobile US from $240.00 to $245.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Oppenheimer boosted their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research report on Friday, January 31st. Morgan Stanley assumed coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective on the stock. Bank of America boosted their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Finally, Benchmark restated a “buy” rating and set a $255.00 price objective on shares of T-Mobile US in a research report on Tuesday, January 28th. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $251.79.

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.