Signature Estate & Investment Advisors LLC Purchases 171 Shares of T-Mobile US, Inc. $TMUS

Signature Estate & Investment Advisors LLC lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 26,891 shares of the Wireless communications provider’s stock after purchasing an additional 171 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in T-Mobile US were worth $6,407,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the stock. Scotiabank upped their target price on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research report on Monday, October 6th. BNP Paribas Exane upped their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a research report on Tuesday, September 30th. Weiss Ratings restated a “buy (b)” rating on shares of T-Mobile US in a research report on Wednesday, October 8th. Finally, Morgan Stanley upped their target price on shares of T-Mobile US from $265.00 to $285.00 and gave the company an “overweight” rating in a research report on Thursday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $266.17.

Insider Transactions at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was sold at an average price of $227.75, for a total transaction of $14,673,021.50. Following the completion of the sale, the director directly owned 627,717,621 shares of the company’s stock, valued at approximately $142,962,688,182.75. This represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders sold 2,412,919 shares of company stock worth $583,104,022. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $229.33 on Friday. 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 cap of $258.09 billion, a PE ratio of 21.63, a price-to-earnings-growth ratio of 1.57 and a beta of 0.59. The stock has a 50-day moving average of $241.95 and a 200-day moving average of $241.53. T-Mobile US, Inc. has a one year low of $208.39 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced 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. The company had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%.T-Mobile US’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.49 EPS. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share 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 represents a $4.08 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend 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 currently 38.49%.

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.