Sanctuary Advisors LLC Grows Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Sanctuary Advisors LLC boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.4% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,843 shares of the Wireless communications provider’s stock after acquiring an additional 12,074 shares during the quarter. Sanctuary Advisors LLC’s holdings in T-Mobile US were worth $17,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. FMR LLC increased its position in shares of T-Mobile US by 13.4% in the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after acquiring an additional 1,522,394 shares during the period. Barclays PLC grew its stake in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares during the last quarter. Wellington Management Group LLP increased its holdings in T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the period. Legal & General Group Plc raised its position 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 during the last quarter. Finally, Integrated Investment Consultants LLC purchased a new stake in T-Mobile US in the 3rd quarter worth approximately $53,844,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Sanford C. Bernstein initiated coverage on T-Mobile US in a report on Tuesday. They set a “market perform” rating and a $265.00 target price for the company. UBS Group upped their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. TD Cowen increased their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Finally, Citigroup lifted their price objective on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Five equities research analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $245.42.

Insider Activity

In other news, Director Srikant M. Datar sold 1,000 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Michael J. Katz sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the insider now directly owns 119,687 shares in the company, valued at approximately $24,571,741.10. The trade was a 2.45 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 208,869 shares of company stock valued at $47,018,239 over the last three months. Insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $233.27 on Friday. The company has a market capitalization of $270.71 billion, a P/E ratio of 26.60, a price-to-earnings-growth ratio of 1.20 and a beta of 0.53. T-Mobile US, Inc. has a twelve month low of $153.84 and a twelve month high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The firm has a 50 day moving average of $230.10 and a 200 day moving average of $202.43.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly 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. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. During the same period in the prior year, the company posted $1.82 earnings per share. The company’s quarterly revenue was up 4.7% on a year-over-year basis. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.51%. T-Mobile US’s dividend payout ratio is presently 40.14%.

T-Mobile US 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.