Stewardship Advisors LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 985 shares of the Wireless communications provider’s stock, valued at approximately $203,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Davis Investment Partners LLC grew its position in T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after acquiring an additional 51 shares during the last quarter. Barden Capital Management Inc. increased its position in T-Mobile US by 0.8% during the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after purchasing an additional 54 shares in the last quarter. Compton Wealth Advisory Group LLC lifted its stake in 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 purchasing an additional 56 shares during the last quarter. Benjamin Edwards Inc. grew its stake in shares of T-Mobile US by 0.7% during the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock worth $1,468,000 after buying an additional 56 shares during the last quarter. Finally, Anfield Capital Management LLC increased its holdings in shares of T-Mobile US by 18.7% during 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 in the last quarter. 42.49% of the stock is currently owned by institutional investors.
Insider Buying and Selling at T-Mobile US
In other news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the transaction, the chief executive officer now owns 418,124 shares of the company’s stock, valued at $81,354,386.68. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Raul Marcelo Claure sold 9,586 shares of T-Mobile US stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $196.96, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the sale, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 349,261 shares of company stock valued at $69,411,130. Company insiders own 0.67% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on T-Mobile US
T-Mobile US Stock Performance
T-Mobile US stock traded down $0.62 during mid-day trading on Monday, reaching $222.59. 2,973,786 shares of the company’s stock were exchanged, compared to its average volume of 4,470,882. The firm has a market capitalization of $260.84 billion, a PE ratio of 30.37, a P/E/G ratio of 1.12 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The business’s fifty day simple moving average is $203.23 and its 200 day simple moving average is $183.34. T-Mobile US, Inc. has a one year low of $136.92 and a one year high of $223.88.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company had revenue of $19.77 billion for the quarter, compared to the consensus estimate of $19.61 billion. During the same period in the previous year, the firm earned $1.86 EPS. The firm’s quarterly revenue was up 3.0% on a year-over-year basis. On average, sell-side analysts expect that T-Mobile US, Inc. will post 9.14 earnings per share for the current year.
T-Mobile US Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date is Wednesday, November 27th. This represents a $3.52 annualized dividend and a yield of 1.58%. T-Mobile US’s dividend payout ratio is presently 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.
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