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

Liberty Wealth Management LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,229 shares of the Wireless communications provider’s stock, valued at approximately $1,978,000.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of T-Mobile US in the 4th quarter valued at $3,338,708,000. Wellington Management Group LLP raised its holdings in shares of T-Mobile US by 200.0% in the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock worth $1,020,116,000 after buying an additional 4,241,877 shares in the last quarter. Putnam Investments LLC lifted its position in shares of T-Mobile US by 74.6% during the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock worth $631,575,000 after buying an additional 1,682,743 shares during the period. Vanguard Group Inc. boosted its stake in T-Mobile US by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after buying an additional 1,667,778 shares in the last quarter. Finally, Clearbridge Investments LLC grew its position in T-Mobile US by 18.8% in the first quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock valued at $596,159,000 after acquiring an additional 578,348 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, Director Raul Marcelo Claure sold 2,706 shares of the stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the completion of the sale, the director now directly owns 1,826,204 shares of the company’s stock, valued at approximately $365,441,682.44. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, EVP Deeanne King sold 15,437 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the sale, the executive vice president now owns 35,588 shares of the company’s stock, valued at approximately $6,761,720. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Raul Marcelo Claure sold 2,706 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was sold at an average price of $200.11, for a total transaction of $541,497.66. Following the transaction, the director now directly owns 1,826,204 shares of the company’s stock, valued at $365,441,682.44. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,109,346 shares of company stock worth $198,743,322. 0.67% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have recently commented on TMUS shares. Scotiabank boosted their target price on shares of T-Mobile US from $194.50 to $197.00 and gave the company a “sector outperform” rating in a research note on Thursday, August 1st. Barclays raised their price objective on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft boosted their target price on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. Finally, Benchmark increased their target price on T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating, sixteen have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has a consensus rating of “Buy” and a consensus target price of $198.63.

T-Mobile US Stock Up 1.2 %

Shares of NASDAQ:TMUS opened at $195.30 on Tuesday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market cap of $227.87 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 0.72 and a beta of 0.51. The company has a 50 day moving average of $188.47 and a 200-day moving average of $174.31. T-Mobile US, Inc. has a one year low of $135.82 and a one year high of $205.28.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. The firm had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The business’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.86 EPS. On average, sell-side analysts forecast that T-Mobile US, Inc. will post 9.18 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be paid a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s payout ratio is 35.37%.

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.