CSM Advisors LLC Has $18.11 Million Position in T-Mobile US, Inc. $TMUS

CSM Advisors LLC increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 76,022 shares of the Wireless communications provider’s stock after buying an additional 1,688 shares during the period. CSM Advisors LLC’s holdings in T-Mobile US were worth $18,114,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC increased its holdings in T-Mobile US by 5.0% in the first quarter. Cerity Partners LLC now owns 123,358 shares of the Wireless communications provider’s stock valued at $32,901,000 after purchasing an additional 5,879 shares during the period. Fidelis Capital Partners LLC grew its position in shares of T-Mobile US by 1.9% in the 1st quarter. Fidelis Capital Partners LLC now owns 3,020 shares of the Wireless communications provider’s stock valued at $805,000 after buying an additional 57 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in shares of T-Mobile US by 22.6% in the first quarter. Gateway Wealth Partners LLC now owns 1,354 shares of the Wireless communications provider’s stock valued at $361,000 after buying an additional 250 shares during the period. Ballentine Partners LLC raised its position in shares of T-Mobile US by 7.3% during the first quarter. Ballentine Partners LLC now owns 8,049 shares of the Wireless communications provider’s stock worth $2,147,000 after acquiring an additional 551 shares during the last quarter. Finally, Kathmere Capital Management LLC lifted its stake in shares of T-Mobile US by 17.4% in the first quarter. Kathmere Capital Management LLC now owns 1,725 shares of the Wireless communications provider’s stock worth $460,000 after acquiring an additional 256 shares during the period. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 1,374 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the completion of the sale, the director owned 582,065,875 shares in the company, valued at $128,322,242,802.50. The trade was a 0.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 2,113,221 shares of company stock valued at $506,386,034 over the last ninety days. Company insiders own 0.37% of the company’s stock.

T-Mobile US Trading Up 3.0%

NASDAQ:TMUS opened at $207.00 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The stock has a market capitalization of $231.53 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 1.51 and a beta of 0.57. The firm has a fifty day simple moving average of $230.49 and a two-hundred day simple moving average of $237.05. T-Mobile US, Inc. has a 12 month low of $199.41 and a 12 month high of $276.49.

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 for the quarter, beating the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.61 earnings per share. Analysts expect 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. Shareholders of record on Wednesday, November 26th will be issued a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a yield of 2.0%. T-Mobile US’s dividend payout ratio is currently 39.23%.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TMUS. Moffett Nathanson raised their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. BNP Paribas Exane increased their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research report on Monday, October 6th. Hsbc Global Res raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of T-Mobile US in a research report on Wednesday, October 8th. Finally, Williams Trading set a $263.00 price objective on T-Mobile US in a research report on Friday, October 24th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $266.63.

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.