Banque Cantonale Vaudoise Has $86,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Banque Cantonale Vaudoise cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 93.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 418 shares of the Wireless communications provider's stock after selling 5,586 shares during the quarter. Banque Cantonale Vaudoise's holdings in T-Mobile US were worth $86,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. WASHINGTON TRUST Co increased its position in shares of T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 83 shares during the last quarter. DT Investment Partners LLC increased 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 buying an additional 47 shares during the last quarter. Summit Securities Group LLC bought a new stake in T-Mobile US in the second quarter valued at about $27,000. Y.D. More Investments Ltd bought a new stake in T-Mobile US in the second quarter valued at about $27,000. Finally, MFA Wealth Advisors LLC increased its holdings 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 during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Scotiabank boosted their price objective on T-Mobile US from $236.00 to $237.00 and gave the company a "sector perform" rating in a report on Thursday, October 24th. Sanford C. Bernstein raised T-Mobile US to a "strong-buy" rating in a report on Wednesday, July 31st. UBS Group boosted their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, October 24th. KeyCorp boosted their price objective on T-Mobile US from $230.00 to $252.00 and gave the company an "overweight" rating in a report on Thursday, October 24th. Finally, Oppenheimer boosted their price objective on T-Mobile US from $215.00 to $250.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and a consensus target price of $241.83.

Insider Buying and Selling

In other T-Mobile US news, Director Raul Marcelo Claure sold 2,706 shares of the company's stock in a transaction on Monday, August 26th. The stock was sold at an average price of $200.11, for a total value of $541,497.66. Following the transaction, the director now owns 1,826,204 shares of the company's stock, valued at approximately $365,441,682.44. This represents a 0.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the company's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total value of $615,900.00. Following the completion of the transaction, the insider now directly owns 119,687 shares in the company, valued at $24,571,741.10. This represents a 2.45 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 343,456 shares of company stock valued at $73,405,131 over the last quarter. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $1.70 during midday trading on Friday, hitting $238.28. 2,540,812 shares of the stock were exchanged, compared to its average volume of 3,488,266. T-Mobile US, Inc. has a one year low of $147.96 and a one year high of $242.43. The company has a market capitalization of $276.52 billion, a price-to-earnings ratio of 27.17, a P/E/G ratio of 1.21 and a beta of 0.50. The business has a 50-day moving average price of $219.58 and a two-hundred day moving average price of $194.93. 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 (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts' expectations of $20.01 billion. During the same quarter in the previous year, the company earned $1.82 earnings per share. The firm's quarterly revenue was up 4.7% compared to the same quarter last year. Sell-side analysts predict that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.48%. T-Mobile US's payout ratio is 29.65%.

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.