Passumpsic Savings Bank Takes Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Passumpsic Savings Bank purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 12,763 shares of the Wireless communications provider's stock, valued at approximately $2,634,000. T-Mobile US makes up approximately 1.7% of Passumpsic Savings Bank's portfolio, making the stock its 24th largest position.

Several other large investors also recently bought and sold shares of TMUS. DT Investment Partners LLC increased its holdings in 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 purchasing an additional 47 shares during the last quarter. Summit Securities Group LLC bought a new position in T-Mobile US during the 2nd quarter valued at $27,000. Y.D. More Investments Ltd bought a new stake in shares of T-Mobile US in the 2nd quarter worth about $27,000. Dunhill Financial LLC raised its stake in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 56 shares in the last quarter. Finally, MFA Wealth Advisors LLC lifted its position in shares of T-Mobile US by 128.3% during the third 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 during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Trading Up 0.4 %

Shares of TMUS stock traded up $0.84 during trading hours on Wednesday, reaching $234.34. 3,438,996 shares of the stock traded hands, compared to its average volume of 4,360,525. The business has a fifty day moving average price of $229.07 and a 200 day moving average price of $201.99. T-Mobile US, Inc. has a 1-year low of $153.84 and a 1-year high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $271.95 billion, a PE ratio of 26.72, a PEG ratio of 1.24 and a beta of 0.53.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion during the quarter, compared to analysts' expectations of $20.01 billion. During the same quarter last year, the firm earned $1.82 earnings per share. The business's revenue for the quarter was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio is 40.14%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the company's stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares of the company's stock, valued at approximately $89,891,418.52. This represents a 5.02 % 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 link. Also, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 208,869 shares of company stock worth $47,018,239 over the last ninety days. Company insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. Evercore ISI upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Sanford C. Bernstein assumed coverage on T-Mobile US in a research note on Tuesday. They set a "market perform" rating and a $265.00 price objective on the stock. Wells Fargo & Company boosted their target price on shares of T-Mobile US from $230.00 to $240.00 and gave the company an "overweight" rating in a research note on Thursday, October 24th. Oppenheimer raised their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Finally, Raymond James downgraded shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Four investment analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has an average rating of "Moderate Buy" and an average price target of $245.42.

T-Mobile US Company 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.