Millington Financial Advisors LLC Buys Shares of 10,085 T-Mobile US, Inc. $TMUS

Millington Financial Advisors LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, HoldingsChannel reports. The fund bought 10,085 shares of the Wireless communications provider’s stock, valued at approximately $1,991,000.

Other hedge funds have also recently bought and sold shares of the company. United Community Bank increased its holdings in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 59 shares during the period. JDM Financial Group LLC increased its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 65 shares during the period. Turning Point Benefit Group Inc. increased its holdings in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after buying an additional 153 shares during the period. Cloud Capital Management LLC bought a new position in T-Mobile US in the 3rd quarter valued at about $38,000. Finally, Ares Financial Consulting LLC bought a new stake in shares of T-Mobile US during the 4th quarter valued at approximately $38,000. 42.49% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

TMUS has been the topic of several research reports. Deutsche Bank Aktiengesellschaft decreased their price target on shares of T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a report on Thursday, April 30th. Morgan Stanley initiated coverage on shares of T-Mobile US in a report on Thursday, April 16th. They set an “overweight” rating and a $260.00 price target on the stock. Wells Fargo & Company lifted their price target on shares of T-Mobile US from $225.00 to $235.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Barclays reaffirmed a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Finally, UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Insider Buying and Selling at T-Mobile US

In other news, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total value of $979,050.00. Following the transaction, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andre Almeida purchased 5,097 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was purchased at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider directly owned 44,850 shares in the company, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 13,090 shares of company stock valued at $2,618,500 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Down 0.2%

NASDAQ:TMUS opened at $190.81 on Thursday. The firm’s 50 day simple moving average is $197.20 and its 200 day simple moving average is $201.96. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $261.56. The company has a market cap of $206.49 billion, a PE ratio of 20.30, a P/E/G ratio of 1.11 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period last year, the company earned $2.58 EPS. The firm’s revenue was up 10.6% compared to the same quarter last year. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a yield of 2.1%. T-Mobile US’s dividend payout ratio (DPR) is currently 43.40%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.