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B. Metzler seel. Sohn & Co. Holding AG Buys Shares of 27,727 T-Mobile US, Inc. (NASDAQ:TMUS)

T-Mobile US logo with Computer and Technology background

B. Metzler seel. Sohn & Co. Holding AG bought a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 27,727 shares of the Wireless communications provider's stock, valued at approximately $5,722,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. WASHINGTON TRUST Co boosted its holdings 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 valued at $25,000 after purchasing an additional 83 shares during the period. DT Investment Partners LLC boosted its holdings in T-Mobile US by 65.3% in 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. Summit Securities Group LLC acquired a new stake in T-Mobile US in the second quarter valued at $27,000. Y.D. More Investments Ltd acquired a new stake in T-Mobile US in the second quarter valued at $27,000. Finally, MFA Wealth Advisors LLC raised its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 77 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on TMUS shares. Morgan Stanley raised their price target on T-Mobile US from $209.00 to $239.00 and gave the company an "overweight" rating in a research note on Tuesday, October 29th. Benchmark lifted their target price on T-Mobile US from $250.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. UBS Group boosted their price target on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Bank of America boosted their price target on T-Mobile US from $220.00 to $240.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Finally, Daiwa America raised T-Mobile US to a "hold" rating in a report on Friday, October 25th. 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 MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $241.83.

Get Our Latest Report on T-Mobile US

T-Mobile US Stock Performance

T-Mobile US stock traded up $2.27 on Wednesday, reaching $235.47. 2,538,508 shares of the stock were exchanged, compared to its average volume of 4,421,048. The stock has a market cap of $273.26 billion, a PE ratio of 26.85, a PEG ratio of 1.20 and a beta of 0.50. 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, Inc. has a twelve month low of $147.96 and a twelve month high of $242.43. The firm has a fifty day moving average price of $218.19 and a two-hundred day moving average price of $194.11.

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

T-Mobile US Increases Dividend

The company also recently disclosed 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 represents a $3.52 annualized dividend and a yield of 1.49%. This is a boost from T-Mobile US's previous quarterly dividend of $0.65. The ex-dividend date is Wednesday, November 27th. T-Mobile US's dividend payout ratio is currently 29.65%.

Insider Transactions at T-Mobile US

In other news, CFO Peter Osvaldik sold 20,000 shares of the stock in a transaction on Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the sale, the chief financial officer now owns 61,307 shares of the company's stock, valued at $14,318,249.85. This represents a 24.60 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Raul Marcelo Claure sold 1,572 shares of the stock in a transaction on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the sale, the director now directly owns 1,824,632 shares of the company's stock, valued at $357,627,872. This represents a 0.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 455,338 shares of company stock worth $95,539,866. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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