Johnson Investment Counsel Inc. Acquires 206 Shares of T-Mobile US, Inc. $TMUS

Johnson Investment Counsel Inc. boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,102 shares of the Wireless communications provider’s stock after acquiring an additional 206 shares during the period. Johnson Investment Counsel Inc.’s holdings in T-Mobile US were worth $501,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Wellington Management Group LLP boosted its holdings in T-Mobile US by 1.7% in the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock valued at $3,426,407,000 after acquiring an additional 214,224 shares during the last quarter. Canada Pension Plan Investment Board boosted its holdings in T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after acquiring an additional 864,030 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock valued at $1,112,886,000 after acquiring an additional 844,932 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in T-Mobile US by 4.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,050,797 shares of the Wireless communications provider’s stock valued at $1,080,388,000 after acquiring an additional 169,562 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in T-Mobile US by 2.0% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,295,432 shares of the Wireless communications provider’s stock valued at $878,925,000 after acquiring an additional 65,394 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on TMUS shares. The Goldman Sachs Group started coverage on T-Mobile US in a report on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price target on the stock. KeyCorp restated an “underweight” rating and set a $200.00 target price on shares of T-Mobile US in a report on Wednesday, July 9th. Scotiabank raised their target price on T-Mobile US from $271.50 to $278.00 and gave the stock a “sector outperform” rating in a report on Monday, October 6th. Weiss Ratings restated a “buy (b)” rating on shares of T-Mobile US in a report on Wednesday, October 8th. Finally, BNP Paribas Exane raised their target price on T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a report on Monday, October 6th. Three analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus price target of $265.13.

T-Mobile US Trading Down 1.2%

NASDAQ:TMUS opened at $226.65 on Thursday. T-Mobile US, Inc. has a fifty-two week low of $208.39 and a fifty-two week high of $276.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The stock has a market capitalization of $255.08 billion, a PE ratio of 21.38, a price-to-earnings-growth ratio of 1.57 and a beta of 0.59. The business’s 50-day simple moving average is $242.60 and its 200-day simple moving average is $242.23.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating the consensus estimate of $2.69 by $0.15. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.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 previous year, the business posted $2.49 EPS. T-Mobile US’s revenue for the quarter was up 6.9% on a year-over-year basis. Sell-side analysts expect 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 announced a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, November 26th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is presently 38.49%.

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $226.15, for a total value of $14,569,939.90. Following the sale, the director owned 627,846,473 shares in the company, valued at approximately $141,987,479,868.95. The trade was a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In the last quarter, insiders sold 2,418,333 shares of company stock valued at $584,293,759. Insiders own 0.37% of the company’s stock.

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.