Mn Services Vermogensbeheer B.V. Sells 4,900 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Mn Services Vermogensbeheer B.V. lowered its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 200,800 shares of the Wireless communications provider’s stock after selling 4,900 shares during the period. Mn Services Vermogensbeheer B.V.’s holdings in T-Mobile US were worth $41,437,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TMUS. WASHINGTON TRUST Co boosted its position in T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 83 shares during the last quarter. DT Investment Partners LLC grew its stake 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 worth $25,000 after acquiring an additional 47 shares during the period. Summit Securities Group LLC bought a new position in shares of T-Mobile US during the 2nd quarter worth $27,000. Y.D. More Investments Ltd bought a new position in shares of T-Mobile US during the 2nd quarter worth $27,000. Finally, MFA Wealth Advisors LLC grew its stake in shares of T-Mobile US by 128.3% during the 3rd 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 during the period. Hedge funds and other institutional investors 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 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 transaction of $1,888,058.56. Following the completion of the transaction, the director now 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other T-Mobile US 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 transaction of $1,888,058.56. Following the completion of the transaction, the director now 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 filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total value of $615,900.00. Following the transaction, the insider now owns 119,687 shares of the company’s stock, valued at $24,571,741.10. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 359,261 shares of company stock worth $72,263,430 over the last ninety days. 0.67% of the stock is owned by corporate insiders.

T-Mobile US Trading Up 0.1 %

Shares of TMUS stock traded up $0.31 during trading hours on Monday, reaching $223.59. The company’s stock had a trading volume of 409,059 shares, compared to its average volume of 4,467,254. The stock has a market capitalization of $259.47 billion, a P/E ratio of 25.46, a P/E/G ratio of 1.14 and a beta of 0.50. T-Mobile US, Inc. has a one year low of $145.77 and a one year high of $234.56. The firm’s fifty day simple moving average is $208.90 and its 200 day simple moving average is $187.85. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last issued 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. The firm had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $1.82 EPS. Equities research analysts expect that T-Mobile US, Inc. will post 9.36 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a dividend of $0.88 per share. The ex-dividend date of this dividend 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 annualized dividend and a dividend yield of 1.57%. T-Mobile US’s payout ratio is currently 29.65%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the company. Scotiabank increased their price target on T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Royal Bank of Canada increased their price target on T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research note on Friday, October 25th. Oppenheimer increased their price target on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Evercore ISI raised their target price on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Finally, UBS Group raised their target price on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $241.83.

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.