T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Increased by Schear Investment Advisers LLC

Schear Investment Advisers LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,879 shares of the Wireless communications provider’s stock after acquiring an additional 122 shares during the period. Schear Investment Advisers LLC’s holdings in T-Mobile US were worth $800,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. WESPAC Advisors SoCal LLC increased its position in shares of T-Mobile US by 4.9% during the 3rd quarter. WESPAC Advisors SoCal LLC now owns 61,664 shares of the Wireless communications provider’s stock valued at $12,725,000 after purchasing an additional 2,888 shares during the period. KPP Advisory Services LLC boosted its stake in T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after buying an additional 45 shares in the last quarter. RIA Advisory Group LLC acquired a new position in T-Mobile US during the third quarter worth about $1,360,000. Natixis Advisors LLC lifted its holdings in T-Mobile US by 6.4% in the 3rd quarter. Natixis Advisors LLC now owns 433,347 shares of the Wireless communications provider’s stock valued at $89,425,000 after acquiring an additional 26,094 shares during the last quarter. Finally, Seelaus Asset Management LLC boosted its position in shares of T-Mobile US by 2.6% during the 3rd quarter. Seelaus Asset Management LLC now owns 3,150 shares of the Wireless communications provider’s stock valued at $650,000 after purchasing an additional 80 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Evercore ISI increased their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Scotiabank increased their price objective on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Finally, StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Three equities research 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. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus price target of $241.83.

T-Mobile US Stock Down 0.9 %

Shares of T-Mobile US stock opened at $235.61 on Friday. The firm has a market cap of $273.42 billion, a price-to-earnings ratio of 26.87, a P/E/G ratio of 1.20 and a beta of 0.50. The stock has a 50-day simple moving average of $215.88 and a 200-day simple moving average of $192.64. T-Mobile US, Inc. has a 52-week low of $147.07 and a 52-week high of $242.43. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company’s revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.82 earnings per share. On average, equities research analysts expect that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The business 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 dividend of $0.88 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.49%. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio (DPR) is 29.65%.

Insiders Place Their Bets

In other T-Mobile US news, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were 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 directly 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 disclosure for this sale can be found here. Insiders sold 464,924 shares of company stock valued at $97,427,925 over the last quarter. Insiders own 0.67% of the company’s stock.

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.