Stableford Capital II LLC Sells 1,025 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Stableford Capital II LLC decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 8,821 shares of the Wireless communications provider’s stock after selling 1,025 shares during the period. Stableford Capital II LLC’s holdings in T-Mobile US were worth $1,879,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. WASHINGTON TRUST Co lifted its stake in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the last quarter. Y.D. More Investments Ltd acquired a new stake in shares of T-Mobile US during the 2nd quarter valued at $27,000. Summit Securities Group LLC bought a new stake in T-Mobile US during the 2nd quarter worth $27,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in T-Mobile US in the 2nd quarter worth about $30,000. Finally, Westside Investment Management Inc. raised its position in T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 75 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 9,586 shares of the firm’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $196.96, for a total value of $1,888,058.56. Following the transaction, the director now directly owns 1,940,792 shares of the company’s stock, valued at approximately $382,258,392.32. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, insider Jon Freier sold 10,000 shares of the firm’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $181.87, for a total value of $1,818,700.00. Following the transaction, the insider now owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Raul Marcelo Claure sold 9,586 shares of the firm’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $196.96, for a total transaction of $1,888,058.56. Following the completion of the transaction, the director now directly owns 1,940,792 shares in the company, valued at approximately $382,258,392.32. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 306,492 shares of company stock valued at $60,161,906. 0.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Royal Bank of Canada boosted their price target on T-Mobile US from $200.00 to $232.00 and gave the stock an “outperform” rating in a report on Friday, September 27th. Raymond James lowered shares of T-Mobile US from a “strong-buy” rating to an “outperform” rating and boosted their target price for the stock from $208.00 to $221.00 in a report on Wednesday, October 2nd. Scotiabank upped their price target on shares of T-Mobile US from $197.00 to $215.50 and gave the company a “sector outperform” rating in a research report on Thursday, September 19th. Evercore ISI lifted their price target on shares of T-Mobile US from $210.00 to $220.00 and gave the stock an “outperform” rating in a report on Thursday, September 19th. Finally, StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Nineteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, T-Mobile US has an average rating of “Buy” and an average target price of $216.36.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $217.23 on Wednesday. The firm has a market capitalization of $254.56 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.12 and a beta of 0.51. The firm’s 50-day moving average price is $201.50 and its 200-day moving average price is $182.09. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a 1-year low of $136.85 and a 1-year high of $218.33.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. During the same period in the previous year, the company posted $1.86 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Equities research analysts anticipate that T-Mobile US, Inc. will post 9.14 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced 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 a boost 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 1.62%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s dividend payout ratio (DPR) is currently 47.89%.

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.