T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by NS Partners Ltd

NS Partners Ltd raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 202,755 shares of the Wireless communications provider's stock after purchasing an additional 4,406 shares during the quarter. T-Mobile US accounts for 1.8% of NS Partners Ltd's holdings, making the stock its 14th largest holding. NS Partners Ltd's holdings in T-Mobile US were worth $41,841,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. KPP Advisory Services LLC raised its holdings in shares of T-Mobile US by 2.6% in the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after buying an additional 45 shares during the period. 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 period. Davis Investment Partners LLC lifted its stake in 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 acquiring an additional 51 shares during the last quarter. Barden Capital Management Inc. lifted its position in shares of T-Mobile US by 0.8% during the 3rd quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider's stock worth $1,408,000 after purchasing an additional 54 shares during the last quarter. Finally, Compton Wealth Advisory Group LLC increased its holdings in T-Mobile US by 0.4% in the second 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 last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on TMUS. Raymond James cut T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. StockNews.com raised shares of T-Mobile US from a "hold" rating to a "buy" rating in a research report on Tuesday, July 30th. Tigress Financial boosted their price target on shares of T-Mobile US from $205.00 to $235.00 and gave the company a "buy" rating in a research report on Monday, August 12th. Scotiabank raised their price objective on T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Finally, Citigroup upped their target price on T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a research report on Monday, October 21st. Three 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 data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $241.83.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $2.25 during trading hours on Wednesday, hitting $235.45. The company's stock had a trading volume of 1,565,393 shares, compared to its average volume of 4,416,438. The company has a market capitalization of $273.24 billion, a PE ratio of 26.59, a PEG ratio of 1.20 and a beta of 0.50. T-Mobile US, Inc. has a 52-week low of $147.96 and a 52-week high of $242.43. The business's 50-day moving average is $217.45 and its two-hundred day moving average is $193.82. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. 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 business earned $1.82 earnings per share. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a $0.88 dividend. 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 annualized dividend and a dividend yield of 1.50%. T-Mobile US's payout ratio is currently 29.65%.

Insider Activity at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the business's stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 378,124 shares of the company's stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 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 ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 455,338 shares of company stock valued at $95,539,866. 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.