Outlook Wealth Advisors LLC Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Outlook Wealth Advisors LLC bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 1,155 shares of the Wireless communications provider’s stock, valued at approximately $238,000.

Several other institutional investors have also added to or reduced their stakes in TMUS. DT Investment Partners LLC boosted its position in T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares during the last quarter. MFA Wealth Advisors LLC grew its stake in T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares during the period. WASHINGTON TRUST Co grew its stake in T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 83 shares during the period. Y.D. More Investments Ltd bought a new stake in T-Mobile US in the second quarter worth approximately $27,000. Finally, Summit Securities Group LLC acquired a new position in T-Mobile US in the second quarter valued at approximately $27,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TMUS. Tigress Financial lifted their price objective on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research note on Monday, August 12th. Evercore ISI lifted their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday. Barclays increased their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley boosted their target price on T-Mobile US from $191.00 to $209.00 and gave the company an “overweight” rating in a research report on Monday, September 16th. Finally, KeyCorp increased their price target on T-Mobile US from $230.00 to $252.00 and gave the stock an “overweight” rating in a report on Thursday. Two analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $240.17.

Insider Activity at T-Mobile US

In other T-Mobile US news, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the transaction, the executive vice president now directly owns 61,871 shares in the company, valued at $13,380,222.46. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other T-Mobile US news, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total value of $9,249,223.94. Following the sale, the executive vice president now directly owns 61,871 shares in the company, valued at $13,380,222.46. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the transaction, the chief executive officer now owns 418,124 shares of the company’s stock, valued at $81,354,386.68. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 349,261 shares of company stock worth $69,411,130. 0.67% of the stock is owned by company insiders.

T-Mobile US Trading Down 3.1 %

NASDAQ:TMUS opened at $226.36 on Friday. T-Mobile US, Inc. has a 52 week low of $138.42 and a 52 week high of $234.56. The firm has a 50-day moving average price of $206.12 and a two-hundred day moving average price of $185.40. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The firm has a market cap of $264.11 billion, a price-to-earnings ratio of 28.37, a price-to-earnings-growth ratio of 1.15 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. During the same period last year, the business posted $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. On average, equities analysts expect that T-Mobile US, Inc. will post 9.22 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a $0.88 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s payout ratio is 32.58%.

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.