Clarius Group LLC Sells 147 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Clarius Group LLC reduced its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.9% during the third quarter, HoldingsChannel.com reports. The fund owned 3,656 shares of the Wireless communications provider’s stock after selling 147 shares during the quarter. Clarius Group LLC’s holdings in T-Mobile US were worth $752,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Boston Common Asset Management LLC increased its holdings in T-Mobile US by 6.4% in the 3rd quarter. Boston Common Asset Management LLC now owns 128,017 shares of the Wireless communications provider’s stock valued at $26,418,000 after acquiring an additional 7,751 shares during the last quarter. Tobam grew its stake in shares of T-Mobile US by 63.2% in the 3rd quarter. Tobam now owns 1,694 shares of the Wireless communications provider’s stock worth $350,000 after buying an additional 656 shares in the last quarter. UMB Bank n.a. grew its stake in shares of T-Mobile US by 3.7% in the 3rd quarter. UMB Bank n.a. now owns 4,100 shares of the Wireless communications provider’s stock worth $846,000 after buying an additional 148 shares in the last quarter. Perpetual Ltd grew its stake in shares of T-Mobile US by 88.1% in the 3rd quarter. Perpetual Ltd now owns 5,160 shares of the Wireless communications provider’s stock worth $1,065,000 after buying an additional 2,417 shares in the last quarter. Finally, USA Financial Formulas grew its stake in shares of T-Mobile US by 0.6% in the 3rd quarter. USA Financial Formulas now owns 15,761 shares of the Wireless communications provider’s stock worth $3,252,000 after buying an additional 94 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective on shares of T-Mobile US from $191.00 to $209.00 and gave the stock an “overweight” rating in a research note on Monday, September 16th. Raymond James cut shares of T-Mobile US from a “strong-buy” rating to an “outperform” rating and lifted their price target for the stock from $208.00 to $221.00 in a research note on Wednesday, October 2nd. Benchmark lifted their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Friday, September 20th. Wells Fargo & Company lifted their price target on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, September 12th. Finally, Royal Bank of Canada lifted their price target on shares of T-Mobile US from $200.00 to $232.00 and gave the stock an “outperform” rating in a research note on Friday, September 27th. Nineteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $216.36.

T-Mobile US Trading Up 0.8 %

NASDAQ:TMUS opened at $213.04 on Friday. T-Mobile US, Inc. has a one year low of $136.85 and a one year high of $215.18. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The firm has a market cap of $248.57 billion, a P/E ratio of 26.70, a P/E/G ratio of 1.12 and a beta of 0.51. The firm has a 50-day simple moving average of $200.37 and a 200-day simple moving average of $181.07.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping the consensus estimate of $2.27 by $0.22. The firm had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. T-Mobile US’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.86 EPS. Equities analysts anticipate that T-Mobile US, Inc. will post 9.14 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.65%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is 32.58%.

Insider Buying and Selling

In other T-Mobile US news, insider Jon Freier sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 1st. The shares were sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the sale, the insider now owns 162,628 shares of the company’s stock, valued at approximately $29,577,154.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, EVP Deeanne King sold 15,437 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total value of $2,933,030.00. Following the sale, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at $6,761,720. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Jon Freier sold 10,000 shares of the company’s stock in a transaction on Thursday, August 1st. The shares were sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the completion of the sale, the insider now directly owns 162,628 shares in the company, valued at $29,577,154.36. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 306,492 shares of company stock worth $60,161,906 in the last 90 days. 0.67% of the stock is owned by corporate insiders.

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.