T-Mobile US, Inc. (NASDAQ:TMUS) Position Boosted by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1,890.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 165,789 shares of the Wireless communications provider’s stock after purchasing an additional 157,458 shares during the period. Benjamin Edwards Inc.’s holdings in T-Mobile US were worth $34,215,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers increased its holdings in shares of T-Mobile US by 136.2% in the 1st quarter. Cetera Investment Advisers now owns 91,650 shares of the Wireless communications provider’s stock valued at $14,959,000 after acquiring an additional 52,844 shares during the last quarter. Cetera Advisors LLC increased its stake in T-Mobile US by 158.8% during the first quarter. Cetera Advisors LLC now owns 29,608 shares of the Wireless communications provider’s stock valued at $4,833,000 after purchasing an additional 18,169 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 62.4% during the first quarter. EverSource Wealth Advisors LLC now owns 1,044 shares of the Wireless communications provider’s stock worth $171,000 after purchasing an additional 401 shares during the period. Transcend Capital Advisors LLC lifted its position in shares of T-Mobile US by 29.4% in the 2nd quarter. Transcend Capital Advisors LLC now owns 2,110 shares of the Wireless communications provider’s stock worth $372,000 after buying an additional 479 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV boosted its holdings in shares of T-Mobile US by 8.5% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,608 shares of the Wireless communications provider’s stock valued at $283,000 after buying an additional 126 shares during the period. 42.49% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Scotiabank lifted their target price on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Bank of America lifted their price objective on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Raymond James cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. UBS Group boosted their price objective on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Barclays lifted their target price on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $241.83.

Insider Activity

In related news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the transaction, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Raul Marcelo Claure sold 132,309 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the sale, the director now owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The trade was a 7.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 340,750 shares of company stock worth $72,863,634 over the last quarter. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 0.3 %

Shares of NASDAQ TMUS opened at $246.94 on Monday. 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 12 month low of $148.19 and a 12 month high of $248.15. The company has a market cap of $286.57 billion, a price-to-earnings ratio of 28.16, a P/E/G ratio of 1.26 and a beta of 0.50. The business has a fifty day simple moving average of $223.98 and a 200-day simple moving average of $198.25.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts’ consensus estimates 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 company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period in the prior year, the firm earned $1.82 earnings per share. The business’s quarterly revenue was up 4.7% on a year-over-year basis. 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. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.43%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is currently 40.14%.

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.