Maia Wealth LLC Makes New $342,000 Investment in T-Mobile US, Inc. $TMUS

Maia Wealth LLC purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the second quarter, HoldingsChannel reports. The institutional investor purchased 1,437 shares of the Wireless communications provider’s stock, valued at approximately $342,000.

Several other hedge funds also recently modified their holdings of TMUS. Activest Wealth Management boosted its stake 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 valued at $25,000 after buying an additional 94 shares in the last quarter. Missouri Trust & Investment Co raised its position 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 worth $28,000 after acquiring an additional 105 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in T-Mobile US in the 1st quarter valued at about $29,000. Aspect Partners LLC grew its stake in shares of T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 65 shares during the last quarter. Finally, TCTC Holdings LLC grew its stake in shares of T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock worth $30,000 after purchasing an additional 77 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Down 0.1%

T-Mobile US stock opened at $206.73 on Thursday. T-Mobile US, Inc. has a twelve month low of $199.41 and a twelve month high of $276.49. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a market cap of $231.23 billion, a PE ratio of 19.88, a P/E/G ratio of 1.51 and a beta of 0.57. The firm’s 50 day moving average price is $221.51 and its two-hundred day moving average price is $233.71.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.01. The business had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.T-Mobile US’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company earned $2.61 earnings per share. On average, research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 target price for the company in a report on Friday, October 24th. Moffett Nathanson raised their price objective on T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on T-Mobile US from $280.00 to $300.00 in a report on Thursday, October 2nd. BNP Paribas Exane upped their target price on T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a report on Monday, October 6th. Finally, Benchmark increased their price target on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $266.83.

Insider Transactions at T-Mobile US

In related news, insider Michael J. Katz sold 2,500 shares of the stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $215.91, for a total value of $539,775.00. Following the transaction, the insider owned 156,203 shares in the company, valued at approximately $33,725,789.73. This represents a 1.58% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Telekom Ag Deutsche sold 1,374 shares of the firm’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total transaction of $302,912.04. Following the transaction, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. The trade was a 0.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,649,341 shares of company stock valued at $387,147,483 in the last quarter. Corporate insiders own 0.37% of the company’s stock.

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.