T-Mobile US, Inc. $TMUS Shares Sold by Vestor Capital LLC

Vestor Capital LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 99.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 187 shares of the Wireless communications provider’s stock after selling 25,601 shares during the period. Vestor Capital LLC’s holdings in T-Mobile US were worth $30,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Legacy Wealth Asset Management LLC grew its position in shares of T-Mobile US by 1.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 4,844 shares of the Wireless communications provider’s stock worth $812,000 after acquiring an additional 56 shares during the last quarter. Heartland Bank & Trust Co raised its position in T-Mobile US by 3.5% in the 1st quarter. Heartland Bank & Trust Co now owns 1,841 shares of the Wireless communications provider’s stock valued at $387,000 after purchasing an additional 62 shares during the last quarter. CGN Advisors LLC boosted its stake in T-Mobile US by 0.6% during the 2nd quarter. CGN Advisors LLC now owns 10,909 shares of the Wireless communications provider’s stock worth $1,830,000 after purchasing an additional 64 shares during the period. GAMMA Investing LLC boosted its stake in T-Mobile US by 0.5% during the 3rd quarter. GAMMA Investing LLC now owns 12,108 shares of the Wireless communications provider’s stock worth $1,975,000 after purchasing an additional 66 shares during the period. Finally, City State Bank boosted its stake in T-Mobile US by 21.7% during the 3rd quarter. City State Bank now owns 382 shares of the Wireless communications provider’s stock worth $62,000 after purchasing an additional 68 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other T-Mobile US news, CAO Daniel James Drobac sold 772 shares of the company’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $178.33, for a total transaction of $137,670.76. Following the completion of the transaction, the chief accounting officer owned 35,118 shares in the company, valued at approximately $6,262,592.94. This represents a 2.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.32% of the company’s stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $169.08 on Wednesday. T-Mobile US, Inc. has a 12 month low of $143.75 and a 12 month high of $224.75. The company has a debt-to-equity ratio of 1.45, a current ratio of 0.91 and a quick ratio of 0.78. The business has a 50 day simple moving average of $164.48 and a 200-day simple moving average of $186.03. The stock has a market capitalization of $179.10 billion, a PE ratio of 16.32, a price-to-earnings-growth ratio of 0.97 and a beta of 0.40.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 28th. The Wireless communications provider reported $3.22 earnings per share for the quarter, topping the consensus estimate of $2.89 by $0.33. T-Mobile US had a return on equity of 21.47% and a net margin of 12.05%. The firm had revenue of $23.58 billion during the quarter, compared to the consensus estimate of $23.15 billion. During the same period last year, the company earned $2.41 earnings per share. The company’s revenue for the quarter was up 7.4% on a year-over-year basis. Equities analysts predict that T-Mobile US, Inc. will post 11.50 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be given a dividend of $1.17 per share. This represents a $4.68 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, November 25th. This is an increase from T-Mobile US’s previous quarterly dividend of $1.02. T-Mobile US’s payout ratio is currently 45.17%.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. UBS Group lowered their price objective on shares of T-Mobile US from $255.00 to $235.00 and set a “buy” rating on the stock in a research report on Friday, July 24th. Citigroup reduced their target price on shares of T-Mobile US from $225.00 to $165.00 and set a “neutral” rating for the company in a report on Thursday, October 29th. Sanford C. Bernstein reiterated a “neutral” rating on shares of T-Mobile US in a research note on Monday, September 28th. The Goldman Sachs Group decreased their target price on shares of T-Mobile US from $230.00 to $211.00 and set a “buy” rating for the company in a research note on Friday, September 25th. Finally, Scotiabank raised their price target on T-Mobile US from $212.00 to $214.00 and gave the stock a “sector outperform” rating in a report on Thursday, October 29th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $235.13.

T-Mobile US Company Profile

T-Mobile US, Inc. is a wireless communications provider serving consumers, businesses and government customers in the United States. Its services include wireless voice, messaging and data, as well as broadband internet delivered over its wireless network. The company offers service under the T-Mobile and Metro by T-Mobile brands. Its products and services include mobile plans, smartphones and other connected devices, home internet, and solutions for business customers. T-Mobile traces its roots to VoiceStream Wireless, which Deutsche Telekom acquired in 2001.