Ameriflex Group Inc. Has $83,000 Position in T-Mobile US, Inc. $TMUS

Ameriflex Group Inc. cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 24.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 357 shares of the Wireless communications provider’s stock after selling 116 shares during the period. Ameriflex Group Inc.’s holdings in T-Mobile US were worth $83,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Activest Wealth Management lifted its position in T-Mobile US by 9,400.0% during 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 period. Godsey & Gibb Inc. raised its position in shares of T-Mobile US by 139.5% in the 1st 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 in the last quarter. Missouri Trust & Investment Co lifted its holdings in shares of T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Stone House Investment Management LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $29,000. Finally, TCTC Holdings LLC increased its stake 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 acquiring an additional 77 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $230.27 on Friday. The company has a market capitalization of $259.15 billion, a PE ratio of 21.72, a P/E/G ratio of 1.27 and a beta of 0.59. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a twelve month low of $206.18 and a twelve month high of $276.49. The firm has a fifty day simple moving average of $244.56 and a 200 day simple moving average of $243.99.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results 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 for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the firm posted $2.49 earnings per share. The business’s quarterly revenue was up 6.9% compared to the same quarter last year. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s payout ratio is 33.21%.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Tuesday, September 30th. The stock was sold at an average price of $239.54, for a total transaction of $15,432,604.04. Following the transaction, the director directly owned 634,112,640 shares in the company, valued at approximately $151,895,341,785.60. This represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 2,584,633 shares of company stock valued at $623,559,263 in the last ninety days. Insiders own 0.37% of the company’s stock.

Analyst Ratings Changes

TMUS has been the topic of a number of research analyst reports. Rothschild & Co Redburn raised T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 target price on the stock in a report on Monday, July 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of T-Mobile US in a research note on Saturday, September 27th. Bank of America initiated coverage on T-Mobile US in a research report on Monday, July 7th. They issued a “neutral” rating and a $255.00 target price on the stock. Royal Bank Of Canada increased their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a report on Friday, July 25th. Finally, Raymond James Financial upgraded shares of T-Mobile US to a “hold” rating in a research note on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average target price of $262.50.

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.