Highview Capital Management LLC DE Increases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Highview Capital Management LLC DE increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,061 shares of the Wireless communications provider’s stock after purchasing an additional 598 shares during the quarter. T-Mobile US makes up 1.3% of Highview Capital Management LLC DE’s holdings, making the stock its 21st largest position. Highview Capital Management LLC DE’s holdings in T-Mobile US were worth $3,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in TMUS. DT Investment Partners LLC lifted its holdings in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. MFA Wealth Advisors LLC boosted its holdings in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares in the last quarter. WASHINGTON TRUST Co grew its stake in shares of T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 83 shares during the last quarter. Y.D. More Investments Ltd acquired a new position in shares of T-Mobile US during the second quarter valued at about $27,000. Finally, Summit Securities Group LLC purchased a new position in shares of T-Mobile US in the 2nd quarter valued at approximately $27,000. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, Director Raul Marcelo Claure sold 132,309 shares of the firm’s stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In related news, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Freier sold 10,000 shares of the firm’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 completion of the transaction, the insider now directly owns 162,628 shares in the company, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 369,261 shares of company stock worth $74,082,130. Insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of recent analyst reports. Evercore ISI upped their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Deutsche Bank Aktiengesellschaft boosted their price target on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. KeyCorp raised their price objective on T-Mobile US from $230.00 to $252.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group upped their target price on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $241.83.

T-Mobile US Stock Down 0.8 %

T-Mobile US stock opened at $226.05 on Wednesday. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. The stock has a market capitalization of $264.90 billion, a PE ratio of 30.76, a price-to-earnings-growth ratio of 1.15 and a beta of 0.51. The business has a 50 day simple moving average of $207.32 and a 200-day simple moving average of $186.51. T-Mobile US, Inc. has a 12 month low of $139.47 and a 12 month high of $234.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. During the same period in the prior year, the business posted $1.82 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, analysts anticipate that T-Mobile US, Inc. will post 9.22 EPS 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 paid a $0.88 dividend. The ex-dividend date is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a yield of 1.56%. T-Mobile US’s dividend payout ratio (DPR) is currently 47.89%.

About T-Mobile US

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.