T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Catalina Capital Group LLC

Catalina Capital Group LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,998 shares of the Wireless communications provider’s stock after acquiring an additional 174 shares during the period. Catalina Capital Group LLC’s holdings in T-Mobile US were worth $412,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Norden Group LLC raised its holdings in shares of T-Mobile US by 45.8% during the first quarter. Norden Group LLC now owns 3,644 shares of the Wireless communications provider’s stock valued at $595,000 after acquiring an additional 1,145 shares during the last quarter. Advisory Alpha LLC raised its stake in T-Mobile US by 7.3% in the 1st quarter. Advisory Alpha LLC now owns 1,340 shares of the Wireless communications provider’s stock valued at $219,000 after purchasing an additional 91 shares during the last quarter. Manchester Capital Management LLC lifted its holdings in T-Mobile US by 26.4% in the 1st quarter. Manchester Capital Management LLC now owns 972 shares of the Wireless communications provider’s stock valued at $159,000 after purchasing an additional 203 shares in the last quarter. MGB Wealth Management LLC boosted its stake in T-Mobile US by 3.8% during the 1st quarter. MGB Wealth Management LLC now owns 2,734 shares of the Wireless communications provider’s stock worth $446,000 after purchasing an additional 100 shares during the last quarter. Finally, CFO4Life Group LLC purchased a new stake in shares of T-Mobile US during the first quarter worth $932,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

T-Mobile US Stock Performance

T-Mobile US stock opened at $232.19 on Thursday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. T-Mobile US, Inc. has a 12 month low of $145.77 and a 12 month high of $234.56. The company has a fifty day moving average price of $210.45 and a two-hundred day moving average price of $189.05. The company has a market cap of $269.45 billion, a PE ratio of 26.48, a P/E/G ratio of 1.15 and a beta of 0.50.

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 for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.82 EPS. Research analysts expect that T-Mobile US, Inc. will post 9.36 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm 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 is a boost from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio (DPR) is currently 29.65%.

Insider Buying and Selling at T-Mobile US

In related news, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the sale, the chief executive officer now directly owns 418,124 shares in the company, valued at $81,354,386.68. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Raul Marcelo Claure sold 111,882 shares of T-Mobile US stock in a transaction dated Friday, August 23rd. The stock was sold at an average price of $197.84, for a total transaction of $22,134,734.88. Following the transaction, the director now directly owns 1,828,910 shares of the company’s stock, valued at $361,831,554.40. 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, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the completion of the sale, the chief executive officer now directly owns 418,124 shares of the company’s stock, valued at $81,354,386.68. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 453,824 shares of company stock valued at $94,003,400 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Barclays upped their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. TD Cowen increased their price target on T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Morgan Stanley boosted their price objective on T-Mobile US from $209.00 to $239.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 29th. Finally, KeyCorp raised their target price on T-Mobile US from $230.00 to $252.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target 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.