T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Dearborn Partners LLC

Dearborn Partners LLC cut its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 165,870 shares of the Wireless communications provider's stock after selling 4,856 shares during the quarter. Dearborn Partners LLC's holdings in T-Mobile US were worth $34,229,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. International Assets Investment Management LLC raised its holdings in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock worth $51,586,000 after buying an additional 248,828 shares during the last quarter. Victory Capital Management Inc. lifted its holdings in T-Mobile US by 0.9% in the third quarter. Victory Capital Management Inc. now owns 937,085 shares of the Wireless communications provider's stock valued at $193,377,000 after acquiring an additional 8,101 shares during the period. NewEdge Advisors LLC boosted its holdings in T-Mobile US by 13.6% during the second quarter. NewEdge Advisors LLC now owns 211,059 shares of the Wireless communications provider's stock worth $37,184,000 after buying an additional 25,217 shares in the last quarter. Ferguson Wellman Capital Management Inc. grew its position in T-Mobile US by 84.6% during the third quarter. Ferguson Wellman Capital Management Inc. now owns 223,997 shares of the Wireless communications provider's stock valued at $46,224,000 after buying an additional 102,663 shares during the period. Finally, Vontobel Holding Ltd. increased its holdings in T-Mobile US by 15.2% in the third quarter. Vontobel Holding Ltd. now owns 96,297 shares of the Wireless communications provider's stock valued at $19,872,000 after buying an additional 12,724 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction dated 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 owns 378,124 shares in the company, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Raul Marcelo Claure sold 111,882 shares of the stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $197.84, for a total value of $22,134,734.88. Following the sale, the director now directly owns 1,828,910 shares of the company's stock, valued at $361,831,554.40. The trade was a 5.76 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 464,924 shares of company stock valued at $97,427,925 in the last quarter. Corporate insiders own 0.67% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on TMUS. Sanford C. Bernstein upgraded T-Mobile US to a "strong-buy" rating in a research note on Wednesday, July 31st. Benchmark increased their target price on T-Mobile US from $250.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Royal Bank of Canada boosted their price target on shares of T-Mobile US from $232.00 to $255.00 and gave the stock an "outperform" rating in a report on Friday, October 25th. Oppenheimer increased their price objective on shares of T-Mobile US from $215.00 to $250.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Finally, BNP Paribas raised shares of T-Mobile US to a "strong-buy" rating in a research note on Friday, October 25th. Three analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price of $241.83.

T-Mobile US Trading Down 1.0 %

Shares of NASDAQ TMUS traded down $2.48 during midday trading on Friday, reaching $235.27. 2,040,238 shares of the stock were exchanged, compared to its average volume of 4,432,252. The company has a 50 day simple moving average of $215.03 and a 200 day simple moving average of $191.94. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock has a market capitalization of $273.03 billion, a P/E ratio of 26.86, a PEG ratio of 1.23 and a beta of 0.50. T-Mobile US, Inc. has a twelve month low of $147.07 and a twelve month high of $242.43.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly 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. The business had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company's quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the business posted $1.82 earnings per share. As a group, equities analysts expect that T-Mobile US, Inc. will post 9.36 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently declared 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 1.50%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from T-Mobile US's previous quarterly dividend of $0.65. T-Mobile US's dividend payout ratio (DPR) is currently 29.65%.

T-Mobile US 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.