2 weeks Ago By Defense World Staff
Delta Investment Management LLC lifted its position in T-Mobile US, Inc. ( NASDAQ:TMUS – Free Report ) by 46.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 1,900 shares of the Wireless communications provider’s stock after acquiring an additional 600 shares during the period. Delta Investment Management LLC’s holdings in T-Mobile US were worth $335,000 at the end of the most recent quarter. A number of other hedge funds have also modified their holdings of TMUS.
DoubleLine ETF Adviser LP increased its stake in T-Mobile US by 3.3% during the 2nd quarter. DoubleLine ETF Adviser LP now owns 25,207 shares of the Wireless communications provider’s stock worth $4,441,000 after purchasing an additional 805 shares in the last quarter.
APG Asset Management N.V. increased its stake in T-Mobile US by 14.
1% during the 2nd quarter. APG Asset Management N.V.
now owns 1,840,744 shares of the Wireless communications provider’s stock worth $302,591,000 after purchasing an additional 227,834 shares in the last quarter. Wick Capital Partners LLC bought a new stake in T-Mobile US during the 2nd quarter worth approximately $230,000. Toronto Dominion Bank increased its stake in T-Mobile US by 39.
1% during the 2nd quarter. Toronto Dominion Bank now owns 288,548 shares of the Wireless communications provider’s stock worth $50,836,000 after purchasing an additional 81,164 shares in the last quarter. Finally, Zurich Insurance Group Ltd FI increased its stake in T-Mobile US by 27.
0% during the 2nd quarter. Zurich Insurance Group Ltd FI now owns 338,677 shares of the Wireless communications provider’s stock worth $59,668,000 after purchasing an additional 72,000 shares in the last quarter. 42.
49% of the stock is currently owned by institutional investors and hedge funds. Analysts Set New Price Targets TMUS has been the subject of a number of research reports. Citigroup increased their target price on T-Mobile US from $184.
00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Scotiabank raised their price target on shares of T-Mobile US from $197.
00 to $215.50 and gave the stock a “sector outperform” rating in a research note on Thursday, September 19th. Wells Fargo & Company raised their price target on shares of T-Mobile US from $200.
00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Oppenheimer raised their price target on shares of T-Mobile US from $200.
00 to $215.00 and gave the stock an “outperform” rating in a research note on Thursday, September 19th. Finally, JPMorgan Chase & Co.
raised their price target on shares of T-Mobile US from $220.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, September 19th.
Eighteen investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, T-Mobile US currently has an average rating of “Buy” and an average price target of $211.
92. Insider Transactions at T-Mobile US In other news, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.
74, for a total transaction of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares of the company’s stock, valued at $305,183,874.
96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . In other news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction on Monday, August 12th.
The stock was sold at an average price of $194.57, for a total transaction of $3,891,400.00.
Following the completion of the sale, the chief executive officer now owns 418,124 shares of the company’s stock, valued at $81,354,386.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link .
Also, Director Raul Marcelo Claure sold 132,309 shares of T-Mobile US stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.
66. Following the sale, the director now directly owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96.
The disclosure for this sale can be found here . Over the last 90 days, insiders sold 306,492 shares of company stock valued at $60,078,776. 0.
67% of the stock is currently owned by corporate insiders. T-Mobile US Trading Down 0.0 % Shares of T-Mobile US stock opened at $203.
25 on Friday. The business has a fifty day simple moving average of $193.47 and a two-hundred day simple moving average of $177.
31. T-Mobile US, Inc. has a 1 year low of $135.
82 and a 1 year high of $208.16. The company has a market capitalization of $238.
18 billion, a price-to-earnings ratio of 27.65, a P/E/G ratio of 1.07 and a beta of 0.
51. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.
84 and a quick ratio of 0.78. T-Mobile US ( NASDAQ:TMUS – Get Free Report ) last announced its quarterly earnings results on Wednesday, July 31st.
The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.
22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.
95%. The business had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.
61 billion. During the same quarter last year, the firm posted $1.86 EPS.
The company’s quarterly revenue was up 3.0% on a year-over-year basis. Research analysts forecast that T-Mobile US, Inc.
will post 9.13 EPS for the current year. T-Mobile US Increases Dividend The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th.
Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.88 per share. This is an increase from T-Mobile US’s previous quarterly dividend of $0.
65. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $3.
52 annualized dividend and a yield of 1.73%. T-Mobile US’s dividend payout ratio (DPR) is currently 47.
89%. T-Mobile US Profile ( Free Report ) 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. See Also Five stocks we like better than T-Mobile US Technology Stocks Explained: Here’s What to Know About Tech Rocket Lab Stock Soars: Should Investors Chase the Rally? How to Calculate Retirement Income: MarketBeat’s Calculator KB Home Slips After Earnings: What’s Next for Homebuilders? What Does a Stock Split Mean? Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Receive News & Ratings for T-Mobile US Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for T-Mobile US and related companies with MarketBeat.com's FREE daily email newsletter .
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