T-Mobile US, Inc. $TMUS Stock Holdings Lowered by Hantz Financial Services Inc.

Hantz Financial Services Inc. lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.0% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 37,916 shares of the Wireless communications provider’s stock after selling 2,015 shares during the period. Hantz Financial Services Inc.’s holdings in T-Mobile US were worth $9,034,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of the company. Hohimer Wealth Management LLC grew its position in T-Mobile US by 2.3% in the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock worth $480,000 after purchasing an additional 41 shares during the last quarter. Journey Strategic Wealth LLC grew its holdings in T-Mobile US by 4.2% in the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after buying an additional 41 shares in the last quarter. Angeles Wealth Management LLC grew its holdings in T-Mobile US by 1.2% in the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after buying an additional 41 shares in the last quarter. Weaver Capital Management LLC grew its holdings in T-Mobile US by 0.6% in the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after buying an additional 42 shares in the last quarter. Finally, Bank of Stockton grew its holdings in T-Mobile US by 1.2% in the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after buying an additional 44 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the subject of several recent analyst reports. Zacks Research cut T-Mobile US from a “hold” rating to a “strong sell” rating in a research note on Monday. Barclays lowered their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. KeyCorp reaffirmed an “underweight” rating and set a $200.00 target price on shares of T-Mobile US in a research note on Wednesday, July 9th. Benchmark raised their target price on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Finally, Scotiabank raised their target price on T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.63.

T-Mobile US Trading Down 2.0%

NASDAQ:TMUS opened at $210.65 on Friday. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49. The firm has a market capitalization of $235.61 billion, a price-to-earnings ratio of 20.25, a price-to-earnings-growth ratio of 1.51 and a beta of 0.59. The stock has a fifty day simple moving average of $236.02 and a 200 day simple moving average of $239.52.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The company had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same period last year, the company posted $2.61 earnings per share. The business’s revenue for the quarter was up 8.9% on a year-over-year basis. Sell-side 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. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a yield of 1.9%. 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 39.23%.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total value of $17,520,760.80. Following the completion of the transaction, the director owned 636,271,724 shares of the company’s stock, valued at approximately $159,621,487,399.88. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 2,321,367 shares of company stock valued at $556,657,060. Company 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.