Aljian Capital Management LLC Buys Shares of 4,162 T-Mobile US, Inc. (NASDAQ:TMUS)

Aljian Capital Management LLC purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,162 shares of the Wireless communications provider's stock, valued at approximately $859,000.

Several other institutional investors and hedge funds also recently bought and sold shares of TMUS. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after acquiring an additional 45 shares during the period. DT Investment Partners LLC boosted its stake in shares of T-Mobile US by 65.3% during the third 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 period. Davis Investment Partners LLC grew 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 worth $1,711,000 after purchasing an additional 51 shares during the last quarter. Barden Capital Management Inc. increased its stake 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 worth $1,408,000 after buying an additional 54 shares during the period. Finally, Compton Wealth Advisory Group LLC boosted its position 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. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

T-Mobile US stock traded up $1.42 during mid-day trading on Monday, reaching $237.03. 2,442,792 shares of the company traded hands, compared to its average volume of 4,431,848. T-Mobile US, Inc. has a fifty-two week low of $147.24 and a fifty-two week high of $242.43. The firm's fifty day moving average is $216.71 and its two-hundred day moving average is $193.34. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market capitalization of $275.07 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its 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. The company had revenue of $20.16 billion during 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 firm's quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the business posted $1.82 EPS. On average, equities research analysts expect that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders 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 dividend on an annualized basis and a yield of 1.49%. T-Mobile US's dividend payout ratio (DPR) is currently 40.14%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on TMUS. Oppenheimer boosted their price target on T-Mobile US from $215.00 to $250.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Tigress Financial raised their price target on T-Mobile US from $205.00 to $235.00 and gave the company a "buy" rating in a research note on Monday, August 12th. Citigroup lifted their price objective on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a report on Monday, October 21st. Scotiabank raised their target price on shares of T-Mobile US from $236.00 to $237.00 and gave the company a "sector perform" rating in a research report on Thursday, October 24th. Finally, Bank of America upped their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $241.83.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the completion of the transaction, the director now owns 1,824,632 shares in the company, valued at approximately $357,627,872. This trade represents a 0.09 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total transaction of $615,900.00. Following the transaction, the insider now directly owns 119,687 shares of the company's stock, valued at approximately $24,571,741.10. This trade represents a 2.45 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 464,924 shares of company stock worth $97,427,925. Company insiders own 0.67% of the company's stock.

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.