KPP Advisory Services LLC Boosts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

KPP Advisory Services LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,744 shares of the Wireless communications provider’s stock after purchasing an additional 45 shares during the period. KPP Advisory Services LLC’s holdings in T-Mobile US were worth $360,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. DT Investment Partners LLC raised its holdings in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares during the period. Davis Investment Partners LLC grew its position in T-Mobile US by 0.6% in the 3rd quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after acquiring an additional 51 shares during the last quarter. Barden Capital Management Inc. increased its stake in T-Mobile US by 0.8% in the third quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after purchasing an additional 54 shares during the period. Compton Wealth Advisory Group LLC lifted its position in shares of T-Mobile US by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after purchasing an additional 56 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its stake in shares of T-Mobile US by 0.7% during the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock valued at $1,468,000 after purchasing an additional 56 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Trading Down 0.9 %

T-Mobile US stock opened at $235.61 on Friday. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock has a market cap of $273.42 billion, a PE ratio of 26.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. The stock has a 50-day moving average of $215.88 and a two-hundred day moving average of $192.64. T-Mobile US, Inc. has a one year low of $147.07 and a one year high of $242.43.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.82 EPS. On average, research analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.49%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is presently 29.65%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Evercore ISI upped their target price on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. The Goldman Sachs Group increased their price target on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Citigroup lifted their price objective on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. Three equities research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $241.83.

Insider Buying and Selling

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction dated Monday, September 9th. The shares were sold at an average price of $196.00, for a total value of $308,112.00. Following the completion of the transaction, the director now directly owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. This trade represents a 0.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 464,924 shares of company stock worth $97,427,925 in the last 90 days. Insiders own 0.67% of the company’s stock.

About T-Mobile US

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.