T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by E. Ohman J or Asset Management AB

E. Ohman J or Asset Management AB reduced its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,930 shares of the Wireless communications provider’s stock after selling 1,350 shares during the period. E. Ohman J or Asset Management AB’s holdings in T-Mobile US were worth $4,525,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in shares of T-Mobile US by 3.8% during the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock worth $7,351,811,000 after buying an additional 1,667,778 shares during the last quarter. Clearbridge Investments LLC raised its position in shares of T-Mobile US by 18.8% during the 1st quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock worth $596,159,000 after purchasing an additional 578,348 shares during the last quarter. Legal & General Group Plc raised its position in shares of 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 worth $837,032,000 after purchasing an additional 303,582 shares during the last quarter. Blackstone Inc. purchased a new stake in T-Mobile US in the 1st quarter valued at approximately $48,966,000. Finally, ProShare Advisors LLC grew its holdings in T-Mobile US by 26.8% during the 1st quarter. ProShare Advisors LLC now owns 1,233,867 shares of the Wireless communications provider’s stock valued at $201,392,000 after buying an additional 260,795 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the transaction, the director now directly owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, Director Raul Marcelo Claure sold 132,309 shares of the firm’s stock in a transaction dated Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the sale, the director now directly owns 1,551,204 shares in the company, valued at $305,183,874.96. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $205.30, for a total value of $615,900.00. Following the transaction, the insider now owns 119,687 shares of the company’s stock, valued at approximately $24,571,741.10. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 349,261 shares of company stock worth $69,411,130 over the last 90 days. Company insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

T-Mobile US stock opened at $233.56 on Friday. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $272.51 billion, a P/E ratio of 29.27, a PEG ratio of 1.15 and a beta of 0.51. The firm has a fifty day moving average of $204.75 and a 200-day moving average of $184.44. T-Mobile US, Inc. has a 52-week low of $137.69 and a 52-week high of $234.40.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the company posted $1.82 earnings per share. The firm’s revenue was up 4.7% compared to the same quarter last year. As a group, analysts predict that T-Mobile US, Inc. will post 9.22 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $0.88 dividend. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $3.52 annualized dividend and a yield of 1.51%. T-Mobile US’s dividend payout ratio (DPR) is 32.58%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TMUS shares. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Royal Bank of Canada boosted their target price on shares of T-Mobile US from $200.00 to $232.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. JPMorgan Chase & Co. raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research note on Thursday. UBS Group boosted their price objective on shares of T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Scotiabank raised their target price on shares of T-Mobile US from $236.00 to $237.00 and gave the stock a “sector perform” rating in a research report on Thursday. Two investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $238.89.

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.