T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Clarius Group LLC

Clarius Group LLC reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,803 shares of the Wireless communications provider’s stock after selling 234 shares during the quarter. Clarius Group LLC’s holdings in T-Mobile US were worth $670,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. McElhenny Sheffield Capital Management LLC acquired a new stake in T-Mobile US in the second quarter worth approximately $609,000. Legacy Financial Strategies LLC lifted its position in T-Mobile US by 16.6% in the second quarter. Legacy Financial Strategies LLC now owns 4,743 shares of the Wireless communications provider’s stock worth $846,000 after purchasing an additional 674 shares during the period. CGN Advisors LLC lifted its position in shares of T-Mobile US by 1.1% during the 2nd quarter. CGN Advisors LLC now owns 11,760 shares of the Wireless communications provider’s stock valued at $2,072,000 after acquiring an additional 133 shares during the last quarter. NBC Securities Inc. lifted its position in shares of T-Mobile US by 7.2% during the 2nd quarter. NBC Securities Inc. now owns 27,374 shares of the Wireless communications provider’s stock valued at $4,822,000 after acquiring an additional 1,829 shares during the last quarter. Finally, Linden Thomas Advisory Services LLC lifted its position in shares of T-Mobile US by 20.4% during the 2nd quarter. Linden Thomas Advisory Services LLC now owns 12,189 shares of the Wireless communications provider’s stock valued at $2,147,000 after acquiring an additional 2,068 shares during the last quarter. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently commented on TMUS shares. Citigroup increased their price objective on T-Mobile US from $184.00 to $210.00 and gave the company a “buy” rating in a research report on Friday, July 19th. Bank of America lifted their price target on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a report on Monday, June 10th. KeyCorp raised their price objective on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Friday, April 26th. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. 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, the company presently has a consensus rating of “Buy” and a consensus target price of $196.75.

T-Mobile US Stock Up 0.2 %

Shares of TMUS stock traded up $0.46 during trading hours on Friday, hitting $194.07. 345,222 shares of the company were exchanged, compared to its average volume of 4,757,461. The company has a market capitalization of $227.42 billion, a PE ratio of 26.34, a PEG ratio of 0.76 and a beta of 0.51. The company has a current ratio of 0.84, a quick ratio of 0.86 and a debt-to-equity ratio of 1.22. The business has a 50 day moving average of $179.58 and a two-hundred day moving average of $168.73. T-Mobile US, Inc. has a 52 week low of $131.47 and a 52 week high of $194.13.

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 the consensus estimate of $2.27 by $0.22. The company had revenue of $19.77 billion for 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 company’s revenue was up 3.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.86 earnings per share. Analysts anticipate that T-Mobile US, Inc. will post 9.05 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Shareholders of record on Friday, August 30th will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Friday, August 30th. T-Mobile US’s dividend payout ratio is currently 35.37%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 227,604 shares of the business’s stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $172.65, for a total value of $39,295,830.60. Following the completion of the sale, the director now owns 673,251,489 shares of the company’s stock, valued at approximately $116,236,869,575.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Telekom Ag Deutsche sold 227,604 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The shares were sold at an average price of $172.65, for a total transaction of $39,295,830.60. Following the completion of the sale, the director now owns 673,251,489 shares of the company’s stock, valued at approximately $116,236,869,575.85. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Jon Freier sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, August 1st. The stock was sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the sale, the insider now directly owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. The disclosure for this sale can be found here. Insiders sold 3,450,778 shares of company stock valued at $592,793,083 in the last quarter. Company insiders own 0.67% of the company’s stock.

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.