YHB Investment Advisors Inc. Increases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

YHB Investment Advisors Inc. increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,411 shares of the Wireless communications provider’s stock after buying an additional 1,384 shares during the quarter. YHB Investment Advisors Inc.’s holdings in T-Mobile US were worth $4,625,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Davis Investment Partners LLC increased its holdings in shares of 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 purchasing an additional 51 shares during the period. Barden Capital Management Inc. grew its position in T-Mobile US by 0.8% in the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock valued at $1,408,000 after buying an additional 54 shares during the last quarter. Compton Wealth Advisory Group LLC increased 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 buying an additional 56 shares during the period. Benjamin Edwards Inc. lifted its stake in shares of T-Mobile US by 0.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock worth $1,468,000 after acquiring an additional 56 shares during the period. Finally, Anfield Capital Management LLC lifted its stake in shares of T-Mobile US by 18.7% in the 2nd quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after acquiring an additional 57 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. Evercore ISI increased 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. Barclays increased their target price on T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research note on Thursday, August 1st. Benchmark lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research note on Friday, September 20th. TD Cowen increased their price objective on T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Finally, Raymond James downgraded T-Mobile US from a “strong-buy” rating to an “outperform” rating and raised their target price for the company from $208.00 to $221.00 in a report on Wednesday, October 2nd. One equities research analyst has rated the stock with a hold rating, eighteen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $219.94.

Insider Transactions at T-Mobile US

In related news, EVP Deeanne King sold 15,437 shares of the company’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total transaction of $2,933,030.00. Following the transaction, the executive vice president now owns 35,588 shares of the company’s stock, valued at approximately $6,761,720. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In related news, EVP Deeanne King sold 15,437 shares of the stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $190.00, for a total transaction of $2,933,030.00. Following the transaction, the executive vice president now directly owns 35,588 shares in the company, valued at approximately $6,761,720. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the sale, the executive vice president now owns 61,871 shares of the company’s stock, valued at $13,380,222.46. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 349,261 shares of company stock worth $69,411,130 over the last ninety days. 0.67% of the stock is currently owned by corporate insiders.

T-Mobile US Trading Up 0.9 %

Shares of T-Mobile US stock opened at $220.95 on Thursday. The business has a 50 day moving average price of $204.75 and a 200 day moving average price of $184.44. The company has a market capitalization of $258.92 billion, a P/E ratio of 30.06, a P/E/G ratio of 1.12 and a beta of 0.51. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.84 and a quick ratio of 0.78. T-Mobile US, Inc. has a 1 year low of $137.69 and a 1 year high of $223.91.

T-Mobile US (NASDAQ:TMUS) last released 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. The company had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.86 earnings per share. Sell-side analysts anticipate that T-Mobile US, Inc. will post 9.14 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend 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.