Signal Advisors Wealth LLC Makes New Investment in T-Mobile US, Inc. $TMUS

Signal Advisors Wealth LLC purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,836 shares of the Wireless communications provider’s stock, valued at approximately $676,000.

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Activest Wealth Management grew its holdings in T-Mobile US by 9,400.0% in the first quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 94 shares during the last quarter. Godsey & Gibb Inc. grew its holdings in shares of T-Mobile US by 139.5% during the first quarter. Godsey & Gibb Inc. now owns 103 shares of the Wireless communications provider’s stock valued at $27,000 after buying an additional 60 shares during the last quarter. Stone House Investment Management LLC purchased a new stake in shares of T-Mobile US during the first quarter valued at $29,000. TCTC Holdings LLC grew its holdings in shares of T-Mobile US by 208.1% during the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after buying an additional 77 shares during the last quarter. Finally, Adirondack Trust Co. grew its holdings in shares of T-Mobile US by 366.7% during the first quarter. Adirondack Trust Co. now owns 140 shares of the Wireless communications provider’s stock valued at $37,000 after buying an additional 110 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 2,611,714 shares of company stock valued at $628,056,504 in the last three months. Corporate insiders own 0.37% of the company’s stock.

T-Mobile US Trading Down 0.3%

Shares of T-Mobile US stock opened at $238.83 on Friday. The firm has a 50-day simple moving average of $243.68 and a two-hundred day simple moving average of $245.96. The company has a market cap of $268.78 billion, a P/E ratio of 22.53, a price-to-earnings-growth ratio of 1.31 and a beta of 0.61. T-Mobile US, Inc. has a fifty-two week low of $197.00 and a fifty-two week high of $276.49. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, topping analysts’ consensus estimates of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The company’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.49 earnings per share. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.7%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio is 33.21%.

Analyst Ratings Changes

TMUS has been the topic of a number of research analyst reports. The Goldman Sachs Group initiated coverage on shares of T-Mobile US in a report on Tuesday, September 2nd. They set a “buy” rating and a $286.00 price objective on the stock. JPMorgan Chase & Co. boosted their price objective on shares of T-Mobile US from $270.00 to $280.00 and gave the company an “overweight” rating in a report on Thursday, July 24th. Wall Street Zen lowered shares of T-Mobile US from a “buy” rating to a “hold” rating in a report on Saturday, May 24th. Royal Bank Of Canada boosted their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a report on Friday, July 25th. Finally, Arete Research upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Tuesday, July 8th. Three research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $258.02.

T-Mobile US Company 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.