T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Leuthold Group LLC

Leuthold Group LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,198 shares of the Wireless communications provider’s stock after buying an additional 1,613 shares during the period. T-Mobile US makes up about 1.0% of Leuthold Group LLC’s holdings, making the stock its 28th biggest holding. Leuthold Group LLC’s holdings in T-Mobile US were worth $9,121,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of TMUS. Wealthcare Advisory Partners LLC increased its holdings in T-Mobile US by 23.8% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 2,754 shares of the Wireless communications provider’s stock worth $449,000 after purchasing an additional 529 shares during the last quarter. Vicus Capital acquired a new stake in T-Mobile US in the first quarter valued at $279,000. Trilogy Capital Inc. acquired a new stake in T-Mobile US in the first quarter valued at $313,000. Kowal Investment Group LLC acquired a new position in T-Mobile US during the 1st quarter worth $200,000. Finally, Hexagon Capital Partners LLC increased its position in shares of T-Mobile US by 18.0% in the 1st quarter. Hexagon Capital Partners LLC now owns 933 shares of the Wireless communications provider’s stock worth $152,000 after purchasing an additional 142 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on TMUS. Raymond James cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday. Benchmark increased their target price on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday. TD Cowen upped their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research report on Thursday. Tigress Financial raised their price objective on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a research note on Monday, August 12th. Finally, Oppenheimer boosted their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a research note on Thursday. Two research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $240.17.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS opened at $226.58 on Monday. T-Mobile US, Inc. has a 12-month low of $139.47 and a 12-month high of $234.56. The company has a market cap of $264.37 billion, a PE ratio of 28.37, a P/E/G ratio of 1.15 and a beta of 0.51. The stock has a 50 day simple moving average of $206.12 and a 200-day simple moving average of $185.58. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22.

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, topping analysts’ consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.82 EPS. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.22 EPS for the current year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.55%. The ex-dividend date is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio is currently 32.58%.

Insider Buying and Selling at T-Mobile US

In other news, EVP Mark Wolfe Nelson sold 42,769 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $216.26, for a total value of $9,249,223.94. Following the completion of the sale, the executive vice president now directly owns 61,871 shares of the company’s stock, valued at approximately $13,380,222.46. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, insider Jon Freier sold 10,000 shares of T-Mobile US stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the transaction, the insider now directly owns 162,628 shares of the company’s stock, valued at $29,577,154.36. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Mark Wolfe Nelson sold 42,769 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the completion of the sale, the executive vice president now owns 61,871 shares in the company, valued at approximately $13,380,222.46. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 349,261 shares of company stock valued at $69,411,130. Company insiders own 0.67% of the company’s stock.

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.