G&S Capital LLC Acquires Shares of 10,716 T-Mobile US, Inc. $TMUS

G&S Capital LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,716 shares of the Wireless communications provider’s stock, valued at approximately $2,553,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. Activest Wealth Management increased its stake in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 94 shares in the last quarter. Godsey & Gibb Inc. boosted 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 worth $27,000 after purchasing an additional 60 shares during the last quarter. Missouri Trust & Investment Co boosted its holdings in T-Mobile US by 807.7% in the second quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares during the last quarter. Stone House Investment Management LLC acquired a new position in T-Mobile US in the first quarter valued at $29,000. Finally, TCTC Holdings LLC raised its position in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 77 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $238.98, for a total transaction of $15,396,525.48. Following the sale, the director directly owned 634,305,918 shares of the company’s stock, valued at $151,586,428,283.64. This represents 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 through this link. Insiders have sold 2,525,632 shares of company stock worth $609,403,041 over the last quarter. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Up 0.2%

T-Mobile US stock opened at $237.96 on Tuesday. The firm has a fifty day moving average price of $245.07 and a two-hundred day moving average price of $244.63. The firm has a market cap of $267.80 billion, a price-to-earnings ratio of 22.45, a P/E/G ratio of 1.30 and a beta of 0.61. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a fifty-two week low of $202.77 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the business earned $2.49 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. As a group, analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current 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 paid a dividend of $1.02 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s payout ratio is currently 33.21%.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on TMUS shares. Morgan Stanley lifted their target price on T-Mobile US from $265.00 to $285.00 and gave the stock an “overweight” rating in a research report on Thursday, July 24th. Rothschild & Co Redburn upgraded T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price target for the company in a research note on Monday, July 7th. Royal Bank Of Canada lifted their target price on T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $270.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, July 24th. Finally, The Goldman Sachs Group assumed coverage on T-Mobile US in a research note on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $258.02.

About T-Mobile US

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.