Prudent Man Advisors LLC Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Prudent Man Advisors LLC increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.1% during the first quarter, Holdings Channel reports. The firm owned 7,300 shares of the Wireless communications provider’s stock after acquiring an additional 286 shares during the quarter. T-Mobile US makes up 0.7% of Prudent Man Advisors LLC’s portfolio, making the stock its 25th biggest holding. Prudent Man Advisors LLC’s holdings in T-Mobile US were worth $1,947,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in TMUS. Norges Bank bought a new stake in T-Mobile US in the 4th quarter worth approximately $1,802,393,000. GAMMA Investing LLC increased its stake in T-Mobile US by 29,289.4% in the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider’s stock worth $814,416,000 after acquiring an additional 3,043,173 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in T-Mobile US by 85.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock worth $1,329,919,000 after acquiring an additional 2,777,657 shares during the last quarter. Capital International Investors increased its stake in T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after acquiring an additional 1,734,998 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings in T-Mobile US by 38.8% during the 4th quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider’s stock valued at $764,947,000 after buying an additional 968,444 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $238.08, for a total value of $16,627,507.20. Following the transaction, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. The trade was a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 907,470 shares of company stock worth $209,055,386 in the last 90 days. Company insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $227.76 on Friday. The firm has a market cap of $258.61 billion, a P/E ratio of 22.22, a P/E/G ratio of 1.27 and a beta of 0.62. The company has a current ratio of 1.16, a quick ratio of 1.08 and a debt-to-equity ratio of 1.35. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49. The stock’s fifty day moving average price is $237.45 and its 200-day moving average price is $243.68.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. The firm had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The business’s revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter last year, the firm posted $2.00 earnings per share. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a dividend yield of 1.55%. T-Mobile US’s dividend payout ratio is currently 34.34%.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent research reports. Tigress Financial increased their price target on T-Mobile US from $290.00 to $305.00 and gave the company a “buy” rating in a report on Tuesday, April 29th. UBS Group lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Scotiabank upgraded T-Mobile US from a “sector perform” rating to a “sector outperform” rating and increased their price target for the company from $275.00 to $277.50 in a report on Wednesday, April 30th. Redburn Atlantic upgraded T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target on the stock in a report on Monday, July 7th. Finally, Royal Bank Of Canada increased their price target on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a report on Friday, March 21st. One equities research analyst has rated the stock with a sell rating, thirteen have given a hold rating, ten have given a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $252.61.

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.