Sanctuary Advisors LLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.4% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 85,843 shares of the Wireless communications provider's stock after buying an additional 12,074 shares during the quarter. Sanctuary Advisors LLC's holdings in T-Mobile US were worth $17,715,000 at the end of the most recent reporting period.
Several other large investors also recently made changes to their positions in the stock. FMR LLC lifted its stake in T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Barclays PLC raised its holdings in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Wellington Management Group LLP lifted its position in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock worth $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. Legal & General Group Plc boosted its holdings in T-Mobile US by 6.8% during the second quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider's stock worth $837,032,000 after purchasing an additional 303,582 shares during the last quarter. Finally, Integrated Investment Consultants LLC bought a new position in T-Mobile US in the third quarter valued at $53,844,000. Institutional investors own 42.49% of the company's stock.
T-Mobile US Stock Performance
Shares of T-Mobile US stock traded down $1.08 on Friday, hitting $232.19. The stock had a trading volume of 1,281,693 shares, compared to its average volume of 4,346,428. The stock has a market cap of $269.45 billion, a price-to-earnings ratio of 26.60, a price-to-earnings-growth ratio of 1.20 and a beta of 0.53. The business's 50 day moving average is $230.10 and its two-hundred day moving average is $202.43. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a twelve month low of $153.84 and a twelve month high of $248.15.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share 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 last year, the business earned $1.82 EPS. The company's quarterly revenue was up 4.7% compared to the same quarter last year. Analysts forecast that T-Mobile US, Inc. will post 9.38 EPS for the current year.
T-Mobile US Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is 40.14%.
Wall Street Analyst Weigh In
Several brokerages have commented on TMUS. Citigroup boosted their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the stock a "buy" rating in a research report on Monday, October 21st. Daiwa America raised T-Mobile US to a "hold" rating in a research report on Friday, October 25th. Barclays boosted their price target on T-Mobile US from $215.00 to $230.00 and gave the stock an "overweight" rating in a research report on Thursday, October 24th. Evercore ISI upped their price objective on T-Mobile US from $220.00 to $240.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. Finally, Bank of America raised their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Five equities research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and an average target price of $245.42.
Check Out Our Latest Report on TMUS
Insider Buying and Selling at T-Mobile US
In other news, Director Raul Marcelo Claure sold 110,000 shares of the company's stock in a transaction on Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the sale, the director now directly owns 1,441,204 shares in the company, valued at approximately $323,262,057.20. This represents a 7.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction on Friday, November 29th. The stock was sold at an average price of $246.00, for a total value of $246,000.00. Following the sale, the director now directly owns 4,021 shares in the company, valued at approximately $989,166. This trade represents a 19.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 208,869 shares of company stock valued at $47,018,239 in the last quarter. Company insiders own 0.67% of the company's stock.
T-Mobile US Profile
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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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