MONECO Advisors LLC Has $537,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

MONECO Advisors LLC boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,432 shares of the Wireless communications provider’s stock after buying an additional 72 shares during the quarter. MONECO Advisors LLC’s holdings in T-Mobile US were worth $537,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TMUS. International Assets Investment Management LLC lifted its holdings in T-Mobile US by 21,580.9% during the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after buying an additional 248,828 shares during the period. Arkadios Wealth Advisors lifted its holdings in T-Mobile US by 94.8% during the 3rd quarter. Arkadios Wealth Advisors now owns 7,371 shares of the Wireless communications provider’s stock worth $1,521,000 after buying an additional 3,587 shares during the period. PFG Investments LLC lifted its holdings in T-Mobile US by 16.6% during the 3rd quarter. PFG Investments LLC now owns 1,456 shares of the Wireless communications provider’s stock worth $301,000 after buying an additional 207 shares during the period. GHP Investment Advisors Inc. lifted its holdings in T-Mobile US by 18.0% during the 3rd quarter. GHP Investment Advisors Inc. now owns 879 shares of the Wireless communications provider’s stock worth $181,000 after buying an additional 134 shares during the period. Finally, Modera Wealth Management LLC acquired a new position in T-Mobile US during the 3rd quarter worth about $315,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other T-Mobile US news, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction dated Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction that occurred on Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the completion of the transaction, the director now directly owns 4,021 shares of the company’s stock, valued at approximately $989,166. This represents a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on TMUS. Benchmark reissued a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Tuesday, January 28th. Barclays boosted their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Morgan Stanley began coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective on the stock. Sanford C. Bernstein began coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 price objective on the stock. Finally, KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a research note on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $251.79.

T-Mobile US Stock Performance

Shares of TMUS opened at $268.13 on Tuesday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a 50 day moving average price of $231.76 and a two-hundred day moving average price of $222.17. The firm has a market capitalization of $306.14 billion, a P/E ratio of 27.73, a P/E/G ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $273.40.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio is currently 36.40%.

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.