T-Mobile US, Inc. $TMUS Shares Acquired by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 70,976 shares of the Wireless communications provider’s stock after purchasing an additional 10,394 shares during the quarter. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in T-Mobile US were worth $11,575,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. Main Street Group LTD purchased a new stake in T-Mobile US in the 1st quarter worth approximately $25,000. Paladin Partners LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at $27,000. Highland Investment Advisors LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at $30,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of T-Mobile US by 112.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 174 shares of the Wireless communications provider’s stock valued at $34,000 after acquiring an additional 92 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In related news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total value of $137,670.76. Following the completion of the sale, the chief accounting officer directly owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.32% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TMUS. Moffett Nathanson upped their price target on shares of T-Mobile US from $242.00 to $246.00 and gave the stock a “buy” rating in a research note on Tuesday, September 22nd. KeyCorp cut their price objective on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating for the company in a report on Thursday, October 29th. UBS Group reduced their price objective on T-Mobile US from $255.00 to $235.00 and set a “buy” rating for the company in a research report on Friday, July 24th. Wells Fargo & Company lowered their target price on T-Mobile US from $170.00 to $169.00 and set an “equal weight” rating on the stock in a research note on Friday, July 24th. Finally, Raymond James Financial upgraded T-Mobile US from a “market perform” rating to an “outperform” rating and set a $170.00 target price on the stock in a research note on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $235.13.

T-Mobile US Price Performance

NASDAQ TMUS opened at $171.03 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of $181.17 billion, a PE ratio of 16.51, a price-to-earnings-growth ratio of 0.99 and a beta of 0.40. T-Mobile US, Inc. has a 12-month low of $143.75 and a 12-month high of $224.75. The company has a 50 day moving average price of $163.96 and a two-hundred day moving average price of $185.88.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 EPS for the quarter, topping the consensus estimate of $2.89 by $0.33. The company had revenue of $23.58 billion for the quarter, compared to analyst estimates of $23.15 billion. T-Mobile US had a net margin of 12.05% and a return on equity of 21.47%. T-Mobile US’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.41 EPS. As a group, equities analysts predict that T-Mobile US, Inc. will post 11.50 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be issued a $1.17 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $1.02. This represents a $4.68 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Wednesday, November 25th. T-Mobile US’s dividend payout ratio is currently 39.38%.

About T-Mobile US

T-Mobile US, Inc. is a wireless communications provider serving consumers, businesses and government customers in the United States. Its services include wireless voice, messaging and data, as well as broadband internet delivered over its wireless network. The company offers service under the T-Mobile and Metro by T-Mobile brands. Its products and services include mobile plans, smartphones and other connected devices, home internet, and solutions for business customers. T-Mobile traces its roots to VoiceStream Wireless, which Deutsche Telekom acquired in 2001.