Natixis Advisors LLC Acquires 26,094 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Natixis Advisors LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.4% in the third quarter, according to its most recent filing with the SEC. The firm owned 433,347 shares of the Wireless communications provider's stock after purchasing an additional 26,094 shares during the quarter. Natixis Advisors LLC's holdings in T-Mobile US were worth $89,425,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. DT Investment Partners LLC lifted its stake 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 valued at $25,000 after acquiring an additional 47 shares in the last quarter. MFA Wealth Advisors LLC increased its holdings in 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 acquiring an additional 77 shares during the last quarter. WASHINGTON TRUST Co boosted its stake in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider's stock worth $25,000 after purchasing an additional 83 shares during the period. Y.D. More Investments Ltd bought a new position in T-Mobile US in the 2nd quarter worth about $27,000. Finally, Summit Securities Group LLC bought a new position in T-Mobile US in the 2nd quarter worth about $27,000. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Ratings Changes

Several research analysts have commented on TMUS shares. BNP Paribas upgraded T-Mobile US to a "strong-buy" rating in a research note on Friday, October 25th. Royal Bank of Canada boosted their target price on T-Mobile US from $232.00 to $255.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Raymond James cut T-Mobile US from an "outperform" rating to a "market perform" rating in a research note on Friday, October 25th. KeyCorp lifted their price target on T-Mobile US from $230.00 to $252.00 and gave the stock an "overweight" rating in a research note on Thursday, October 24th. Finally, Tigress Financial lifted their price target on T-Mobile US from $205.00 to $235.00 and gave the stock a "buy" rating in a research note on Monday, August 12th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $241.83.

Insiders Place Their Bets

In other news, Director Raul Marcelo Claure sold 1,572 shares of the firm's stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $196.00, for a total value of $308,112.00. Following the transaction, the director now owns 1,824,632 shares of the company's stock, valued at $357,627,872. This trade represents a 0.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was 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 trade represents a 2.45 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 464,924 shares of company stock valued at $97,427,925. Insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

NASDAQ:TMUS traded down $2.14 on Friday, hitting $235.61. The stock had a trading volume of 3,940,160 shares, compared to its average volume of 4,032,005. The stock has a market cap of $273.42 billion, a price-to-earnings ratio of 26.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. 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 business's 50-day simple moving average is $215.88 and its two-hundred day simple moving average is $192.64. T-Mobile US, Inc. has a 52-week low of $147.07 and a 52-week high of $242.43.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 16.35% and a net margin of 12.96%. The business's revenue for the quarter was up 4.7% on a year-over-year basis. During the same period last year, the firm posted $1.82 earnings per share. As a group, research analysts predict that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $0.88 dividend. 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 of this dividend is Wednesday, November 27th. T-Mobile US's dividend payout ratio (DPR) is presently 29.65%.

About T-Mobile US

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.