T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by United Advisor Group LLC

United Advisor Group LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 10.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,847 shares of the Wireless communications provider’s stock after purchasing an additional 179 shares during the period. United Advisor Group LLC’s holdings in T-Mobile US were worth $381,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in TMUS. Vanguard Group Inc. lifted its holdings in T-Mobile US by 3.8% in the first quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock worth $7,351,811,000 after purchasing an additional 1,667,778 shares during the period. Clearbridge Investments LLC lifted its position in T-Mobile US by 18.8% in the first quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock worth $596,159,000 after purchasing an additional 578,348 shares during the period. Legal & General Group Plc boosted its stake in T-Mobile US by 6.8% during the 2nd quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider’s stock valued at $837,032,000 after purchasing an additional 303,582 shares in the last quarter. Blackstone Inc. acquired a new position in shares of T-Mobile US during the 1st quarter valued at $48,966,000. Finally, ProShare Advisors LLC raised its stake in shares of T-Mobile US by 26.8% in the 1st quarter. ProShare Advisors LLC now owns 1,233,867 shares of the Wireless communications provider’s stock worth $201,392,000 after buying an additional 260,795 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Oppenheimer lifted their price objective on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. TD Cowen upped their target price on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. UBS Group lifted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. The Goldman Sachs Group upped their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday, October 24th. Finally, Sanford C. Bernstein upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Wednesday, July 31st. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average target price of $241.83.

Insiders Place Their Bets

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the sale, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other T-Mobile US news, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction that occurred on 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 sale, the director now owns 1,824,632 shares in the company, valued at approximately $357,627,872. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the completion of the sale, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 453,824 shares of company stock valued at $94,003,400 in the last three months. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $232.19 on Thursday. The business’s 50-day simple moving average is $210.45 and its 200-day simple moving average is $189.05. T-Mobile US, Inc. has a 52 week low of $145.77 and a 52 week high of $234.56. 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 firm has a market cap of $269.45 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 1.15 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUS) last announced its 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. 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 for the quarter, compared to the consensus estimate of $20.01 billion. During the same quarter last year, the firm posted $1.82 EPS. The business’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts expect that T-Mobile US, Inc. will post 9.36 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $3.52 dividend on an annualized basis and a yield of 1.52%. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio (DPR) is 29.65%.

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.