T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Raised by Cerity Partners LLC

Cerity Partners LLC boosted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 22.3% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,790 shares of the Wireless communications provider’s stock after buying an additional 21,487 shares during the period. Cerity Partners LLC’s holdings in T-Mobile US were worth $24,307,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. DT Investment Partners LLC boosted its holdings in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares in the last quarter. MFA Wealth Advisors LLC boosted its stake in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 77 shares in the last quarter. WASHINGTON TRUST Co increased its position in shares of T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the period. Y.D. More Investments Ltd bought a new stake in shares of T-Mobile US in the 2nd quarter worth $27,000. Finally, Summit Securities Group LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth $27,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total transaction of $615,900.00. Following the completion of the sale, the insider now owns 119,687 shares in the company, valued at approximately $24,571,741.10. This represents a 2.45 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the sale, the chief executive officer now owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 340,750 shares of company stock worth $72,863,634. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.7 %

T-Mobile US stock opened at $238.28 on Monday. T-Mobile US, Inc. has a twelve month low of $147.96 and a twelve month high of $242.43. 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 $276.52 billion, a PE ratio of 27.17, a P/E/G ratio of 1.21 and a beta of 0.50. The firm’s 50 day moving average price is $219.58 and its two-hundred day moving average price is $195.39.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) 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 business had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the company earned $1.82 earnings per share. T-Mobile US’s quarterly revenue was up 4.7% compared to the same quarter last year. On average, research analysts predict that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.48%. T-Mobile US’s payout ratio is 29.65%.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Evercore ISI lifted their target price on T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. TD Cowen boosted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. KeyCorp raised their target price on shares of T-Mobile US from $230.00 to $252.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Finally, Morgan Stanley upped their target price on T-Mobile US from $209.00 to $239.00 and gave the company an “overweight” rating in a report on Tuesday, October 29th. Three 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 company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $241.83.

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.