Stillwater Capital Advisors LLC Sells 1,267 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Stillwater Capital Advisors LLC lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.3% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 94,368 shares of the Wireless communications provider’s stock after selling 1,267 shares during the period. T-Mobile US comprises 2.5% of Stillwater Capital Advisors LLC’s holdings, making the stock its 15th largest position. Stillwater Capital Advisors LLC’s holdings in T-Mobile US were worth $19,474,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. 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 acquired a new position in T-Mobile US in the 2nd quarter worth $27,000. Summit Securities Group LLC acquired a new position in T-Mobile US in the 2nd quarter worth $27,000. Migdal Insurance & Financial Holdings Ltd. acquired a new position in shares of T-Mobile US during the 2nd quarter worth about $30,000. Finally, Westside Investment Management Inc. boosted its stake in shares of T-Mobile US by 75.8% during the 1st quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 75 shares during the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at T-Mobile US

In related news, insider Jon Freier sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $181.87, for a total value of $1,818,700.00. Following the transaction, the insider now directly owns 162,628 shares of the company’s stock, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, EVP Deeanne King sold 15,437 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total value of $2,933,030.00. Following the transaction, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at $6,761,720. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Jon Freier sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the completion of the transaction, the insider now directly owns 162,628 shares in the company, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 306,492 shares of company stock valued at $60,161,906. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Stock Up 0.5 %

T-Mobile US stock opened at $217.03 on Wednesday. The stock has a market cap of $254.33 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.12 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a twelve month low of $136.85 and a twelve month high of $218.33. The company’s 50-day moving average price is $201.50 and its two-hundred day moving average price is $182.09.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping the consensus estimate of $2.27 by $0.22. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. During the same period last year, the firm earned $1.86 earnings per share. The business’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, analysts expect that T-Mobile US, Inc. will post 9.14 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be issued a dividend of $0.88 per share. The ex-dividend date is Wednesday, November 27th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a dividend yield of 1.62%. T-Mobile US’s dividend payout ratio (DPR) is currently 47.89%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Raymond James downgraded shares of T-Mobile US from a “strong-buy” rating to an “outperform” rating and increased their price objective for the stock from $208.00 to $221.00 in a research note on Wednesday, October 2nd. Benchmark increased their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Citigroup increased their price objective on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research note on Friday, July 19th. Evercore ISI increased their price objective on shares of T-Mobile US from $210.00 to $220.00 and gave the stock an “outperform” rating in a research note on Thursday, September 19th. Finally, StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Nineteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $216.36.

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.