Mufg Securities Americas Inc. Buys 2,081 Shares of T-Mobile US, Inc. $TMUS

Mufg Securities Americas Inc. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 24.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,569 shares of the Wireless communications provider’s stock after buying an additional 2,081 shares during the period. Mufg Securities Americas Inc.’s holdings in T-Mobile US were worth $2,518,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. PFG Advisors boosted its holdings in T-Mobile US by 5.0% in the 1st quarter. PFG Advisors now owns 1,708 shares of the Wireless communications provider’s stock valued at $456,000 after purchasing an additional 81 shares during the period. Bank Julius Baer & Co. Ltd Zurich bought a new stake in T-Mobile US during the first quarter valued at $58,000. Venturi Wealth Management LLC grew its position in T-Mobile US by 15.2% during the first quarter. Venturi Wealth Management LLC now owns 855 shares of the Wireless communications provider’s stock worth $228,000 after buying an additional 113 shares in the last quarter. AE Wealth Management LLC increased its stake in T-Mobile US by 9.6% in the 1st quarter. AE Wealth Management LLC now owns 22,828 shares of the Wireless communications provider’s stock worth $6,089,000 after acquiring an additional 1,996 shares during the last quarter. Finally, Advisor OS LLC raised its holdings in shares of T-Mobile US by 9.8% in the 1st quarter. Advisor OS LLC now owns 2,681 shares of the Wireless communications provider’s stock valued at $715,000 after acquiring an additional 240 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

TMUS stock opened at $209.48 on Friday. The firm has a market cap of $234.30 billion, a P/E ratio of 20.14, a P/E/G ratio of 1.51 and a beta of 0.57. The firm’s fifty day moving average is $223.42 and its 200 day moving average is $234.69. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week 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.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating 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 business had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. During the same period in the prior year, the business posted $2.61 earnings per share. The company’s revenue was up 8.9% on a year-over-year basis. Research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be issued a dividend of $1.02 per share. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 annualized dividend and a yield of 1.9%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is currently 39.23%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of T-Mobile US stock in a transaction that occurred on Wednesday, September 10th. The stock was sold at an average price of $240.08, for a total value of $16,767,187.20. Following the transaction, the director directly owned 635,014,604 shares of the company’s stock, valued at $152,454,306,128.32. The trade was a 0.01% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders sold 1,789,021 shares of company stock worth $422,253,956. 0.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on TMUS shares. Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday. Moffett Nathanson boosted their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a research note on Thursday, October 2nd. Morgan Stanley lowered their price objective on shares of T-Mobile US from $285.00 to $280.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. JPMorgan Chase & Co. upped their target price on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Finally, Zacks Research downgraded T-Mobile US from a “hold” rating to a “strong sell” rating in a research report on Monday, October 27th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $266.83.

T-Mobile US Company 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.