Janus Henderson Group PLC Sells 105,551 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Janus Henderson Group PLC decreased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,143,726 shares of the Wireless communications provider’s stock after selling 105,551 shares during the quarter. Janus Henderson Group PLC’s holdings in T-Mobile US were worth $442,375,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. WASHINGTON TRUST Co raised its position in shares of T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 83 shares in the last quarter. DT Investment Partners LLC boosted its position in T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the last quarter. Summit Securities Group LLC bought a new stake in shares of T-Mobile US in the 2nd quarter valued at approximately $27,000. Y.D. More Investments Ltd bought a new position in T-Mobile US in the 2nd quarter worth approximately $27,000. Finally, MFA Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total value of $615,900.00. Following the sale, the insider now directly owns 119,687 shares in the company, valued at approximately $24,571,741.10. The trade was a 2.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the transaction, the director now directly owns 1,551,204 shares in the company, valued at $305,183,874.96. The trade was a 7.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 342,750 shares of company stock valued at $73,356,824 in the last ninety days. Insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of research reports. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research note on Friday, October 25th. The Goldman Sachs Group boosted 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 Thursday, October 24th. TD Cowen raised their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. UBS Group upped their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, Barclays raised their price target on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and an average price target of $244.33.

T-Mobile US Stock Down 0.9 %

Shares of T-Mobile US stock opened at $244.82 on Tuesday. The company has a market cap of $284.11 billion, a price-to-earnings ratio of 27.92, a price-to-earnings-growth ratio of 1.26 and a beta of 0.53. The company’s 50 day moving average is $223.98 and its 200 day moving average is $198.25. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a twelve month low of $151.38 and a twelve month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. During the same period in the prior year, the firm earned $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. Research analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.44%. The ex-dividend date is Friday, February 28th. T-Mobile US’s payout ratio is 40.14%.

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.