Lindenwold Advisors INC lifted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 1.2% in the 3rd quarter, Holdings Channel.com reports. The firm owned 7,733 shares of the Wireless communications provider’s stock after buying an additional 88 shares during the quarter. Lindenwold Advisors INC’s holdings in T-Mobile US were worth $1,596,000 as of its most recent SEC filing.
A number of other large investors have also bought and sold shares of TMUS. International Assets Investment Management LLC increased its stake in shares of T-Mobile US by 21,580.9% during the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after purchasing an additional 248,828 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in shares of T-Mobile US by 0.9% during the third quarter. Victory Capital Management Inc. now owns 937,085 shares of the Wireless communications provider’s stock worth $193,377,000 after acquiring an additional 8,101 shares during the period. NewEdge Advisors LLC grew its holdings in T-Mobile US by 13.6% in the 2nd quarter. NewEdge Advisors LLC now owns 211,059 shares of the Wireless communications provider’s stock valued at $37,184,000 after buying an additional 25,217 shares in the last quarter. Ferguson Wellman Capital Management Inc. increased its position in T-Mobile US by 84.6% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 223,997 shares of the Wireless communications provider’s stock worth $46,224,000 after buying an additional 102,663 shares during the period. Finally, Fiera Capital Corp acquired a new stake in shares of T-Mobile US during the third quarter worth $483,000. 42.49% of the stock is owned by institutional investors.
Insider Activity at T-Mobile US
In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. The trade was a 5.02 % 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. 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 sale, the director now owns 1,826,204 shares of the company’s stock, valued at approximately $365,441,682.44. The trade was a 0.15 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 455,338 shares of company stock worth $95,539,866. 0.67% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
View Our Latest Report on T-Mobile US
T-Mobile US Trading Up 0.6 %
NASDAQ:TMUS opened at $237.03 on Tuesday. T-Mobile US, Inc. has a 52 week low of $147.24 and a 52 week high of $242.43. The firm has a 50-day moving average price of $216.71 and a two-hundred day moving average price of $193.34. 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 firm has a market cap of $275.07 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50.
T-Mobile US (NASDAQ:TMUS – Get Free Report) 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 16.35% and a net margin of 12.96%. 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 9.38 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 1.49%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s payout ratio is 29.65%.
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.
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