Savant Capital LLC Sells 1,214 Shares of T-Mobile US, Inc. $TMUS

Savant Capital LLC trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 7.6% in the second quarter, HoldingsChannel.com reports. The firm owned 14,687 shares of the Wireless communications provider’s stock after selling 1,214 shares during the period. Savant Capital LLC’s holdings in T-Mobile US were worth $3,499,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Activest Wealth Management increased its holdings in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares during the period. Missouri Trust & Investment Co boosted its position in shares of T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 105 shares in the last quarter. Stone House Investment Management LLC bought a new stake in T-Mobile US in the first quarter valued at about $29,000. TCTC Holdings LLC increased its stake in T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after acquiring an additional 77 shares during the period. Finally, N.E.W. Advisory Services LLC acquired a new position in T-Mobile US in the first quarter worth about $47,000. 42.49% of the stock is owned by institutional investors.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $250.87, for a total transaction of $17,520,760.80. Following the sale, the director directly owned 636,271,724 shares of the company’s stock, valued at $159,621,487,399.88. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 2,043,381 shares of company stock worth $489,095,047 in the last quarter. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Price Performance

T-Mobile US stock opened at $207.00 on Monday. The business’s fifty day moving average is $230.49 and its two-hundred day moving average is $236.89. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a market cap of $231.53 billion, a P/E ratio of 19.90, a P/E/G ratio of 1.51 and a beta of 0.57. T-Mobile US, Inc. has a 52 week low of $199.41 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.01. The business had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.61 earnings per share. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 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 11th. Shareholders of record on Wednesday, November 26th will be paid a $1.02 dividend. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Wednesday, November 26th. T-Mobile US’s payout ratio is presently 39.23%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on TMUS shares. Royal Bank Of Canada reiterated a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. Wolfe Research decreased their price target on T-Mobile US from $300.00 to $290.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 30th. Barclays lowered their price target on T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a research report on Friday, October 24th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Three research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $266.63.

T-Mobile US Company Profile

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.