Brookstone Capital Management Has $443,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Brookstone Capital Management raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 79.5% in the fourth quarter, Holdings Channel reports. The fund owned 2,005 shares of the Wireless communications provider’s stock after acquiring an additional 888 shares during the period. Brookstone Capital Management’s holdings in T-Mobile US were worth $443,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of TMUS. Barclays PLC increased its stake in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after buying an additional 248,828 shares during the period. Swedbank AB boosted its holdings in shares of T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after buying an additional 12,411 shares during the period. Passumpsic Savings Bank bought a new stake in shares of T-Mobile US during the third quarter worth $2,634,000. Finally, Nordea Investment Management AB raised its holdings in shares of T-Mobile US by 36.9% during the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock worth $324,960,000 after acquiring an additional 397,345 shares during the period. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Price Performance

Shares of TMUS opened at $218.97 on Friday. The business’s fifty day moving average is $229.26 and its 200 day moving average is $209.98. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The stock has a market cap of $254.11 billion, a P/E ratio of 24.97, a P/E/G ratio of 1.05 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the firm earned $1.82 earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. Sell-side analysts anticipate that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.61%. T-Mobile US’s payout ratio is currently 40.14%.

Analysts Set New Price Targets

TMUS has been the subject of a number of research reports. Bank of America increased their target price on T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Morgan Stanley began coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Oppenheimer upped their price target on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada cut shares of T-Mobile US from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $255.00 to $240.00 in a research note on Monday, January 6th. Finally, KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a report on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Activity at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US 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 completion of the transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 164,200 shares of company stock worth $37,407,303. 0.67% of the stock is owned by company 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.