EagleClaw Capital Managment LLC Has $279,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

EagleClaw Capital Managment LLC reduced its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,350 shares of the Wireless communications provider’s stock after selling 50 shares during the quarter. EagleClaw Capital Managment LLC’s holdings in T-Mobile US were worth $279,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Bessemer Group Inc. lifted its position in T-Mobile US by 208.8% during the first quarter. Bessemer Group Inc. now owns 37,122 shares of the Wireless communications provider’s stock worth $6,059,000 after acquiring an additional 25,099 shares during the last quarter. Crewe Advisors LLC acquired a new stake in T-Mobile US in the 1st quarter worth about $117,000. Shell Asset Management Co. grew its position in T-Mobile US by 52.9% during the first quarter. Shell Asset Management Co. now owns 11,442 shares of the Wireless communications provider’s stock worth $1,868,000 after buying an additional 3,961 shares in the last quarter. EntryPoint Capital LLC increased its stake in T-Mobile US by 80.7% during the 1st quarter. EntryPoint Capital LLC now owns 253 shares of the Wireless communications provider’s stock worth $41,000 after acquiring an additional 113 shares during the period. Finally, CreativeOne Wealth LLC acquired a new position in T-Mobile US in the 1st quarter valued at $267,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Raul Marcelo Claure sold 1,572 shares of T-Mobile US stock in a transaction that occurred on Monday, September 9th. The shares were sold at an average price of $196.00, for a total transaction of $308,112.00. Following the sale, the director now owns 1,824,632 shares of the company’s stock, valued at approximately $357,627,872. The trade was a 0.09 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 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 transaction, the chief executive officer now owns 378,124 shares of the company’s stock, valued at $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. Insiders sold a total of 455,338 shares of company stock worth $95,539,866 in the last 90 days. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.5 %

NASDAQ:TMUS traded up $1.07 during trading hours on Wednesday, reaching $234.27. The company’s stock had a trading volume of 242,046 shares, compared to its average volume of 4,410,556. 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 company has a market capitalization of $271.87 billion, a P/E ratio of 26.59, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. The stock has a 50 day moving average price of $217.45 and a two-hundred day moving average price of $193.82. T-Mobile US, Inc. has a 12 month low of $147.96 and a 12 month high of $242.43.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the firm posted $1.82 EPS. T-Mobile US’s revenue for the quarter was up 4.7% compared to the same quarter last year. Equities analysts predict that T-Mobile US, Inc. will post 9.38 EPS 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. Stockholders of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. The ex-dividend date is Wednesday, November 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is currently 29.65%.

Wall Street Analyst Weigh In

Several research analysts have commented on TMUS shares. Wells Fargo & Company boosted their target price on T-Mobile US from $230.00 to $240.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Evercore ISI upped their price target on T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. KeyCorp upped their target price on T-Mobile US from $230.00 to $252.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Bank of America boosted their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Finally, Barclays lifted their target price on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus 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.