T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Capital Wealth Planning LLC

Capital Wealth Planning LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 31.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,970 shares of the Wireless communications provider’s stock after acquiring an additional 713 shares during the period. Capital Wealth Planning LLC’s holdings in T-Mobile US were worth $523,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of TMUS. Compton Wealth Advisory Group LLC raised its stake in shares of T-Mobile US by 0.4% in the 2nd quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock valued at $2,644,000 after acquiring an additional 56 shares during the period. Anfield Capital Management LLC boosted its position in shares of T-Mobile US by 18.7% in the second quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after buying an additional 57 shares during the period. Capital Advisors Ltd. LLC grew its stake in shares of T-Mobile US by 22.6% in the second quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock valued at $55,000 after buying an additional 58 shares in the last quarter. Proficio Capital Partners LLC grew its position in T-Mobile US by 2.3% in the first quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock valued at $464,000 after acquiring an additional 64 shares in the last quarter. Finally, Westside Investment Management Inc. grew its holdings in T-Mobile US by 39.7% during the 2nd quarter. Westside Investment Management Inc. now owns 243 shares of the Wireless communications provider’s stock valued at $43,000 after purchasing an additional 69 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. Bank of America lifted their price objective on T-Mobile US from $175.00 to $195.00 and gave the stock a “buy” rating in a report on Monday, June 10th. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Scotiabank raised their price objective on shares of T-Mobile US from $194.50 to $197.00 and gave the stock a “sector outperform” rating in a report on Thursday, August 1st. Deutsche Bank Aktiengesellschaft upped their target price on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, Barclays boosted their price objective on T-Mobile US from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $201.44.

T-Mobile US Stock Up 0.2 %

Shares of T-Mobile US stock opened at $202.83 on Monday. 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, Inc. has a 1-year low of $135.82 and a 1-year high of $205.28. The business’s fifty day moving average price is $190.15 and its two-hundred day moving average price is $175.32. The company has a market capitalization of $236.66 billion, a P/E ratio of 27.60, a PEG ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. The business had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.86 earnings per share. As a group, research analysts forecast that T-Mobile US, Inc. will post 9.18 EPS for the current year.

Insiders Place Their Bets

In related news, Director Telekom Ag Deutsche sold 133,461 shares of the firm’s stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the transaction, the director now owns 670,812,128 shares in the company, valued at $119,431,391,269.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Raul Marcelo Claure sold 132,309 shares of the company’s 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 completion of the sale, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $178.04, for a total value of $23,761,396.44. Following the transaction, the director now directly owns 670,812,128 shares in the company, valued at $119,431,391,269.12. The disclosure for this sale can be found here. In the last three months, insiders have sold 840,336 shares of company stock worth $154,461,060. 0.67% of the stock is owned by corporate insiders.

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.