Aptus Capital Advisors LLC Has $18.04 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Aptus Capital Advisors LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 20.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 87,397 shares of the Wireless communications provider’s stock after buying an additional 14,934 shares during the period. Aptus Capital Advisors LLC’s holdings in T-Mobile US were worth $18,035,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Quantbot Technologies LP acquired a new stake in shares of T-Mobile US during the first quarter worth $811,000. Empowered Funds LLC grew its stake in shares of T-Mobile US by 20.6% during the first quarter. Empowered Funds LLC now owns 9,352 shares of the Wireless communications provider’s stock worth $1,526,000 after purchasing an additional 1,596 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of T-Mobile US by 33.9% during the first quarter. Concurrent Investment Advisors LLC now owns 3,893 shares of the Wireless communications provider’s stock worth $635,000 after purchasing an additional 986 shares during the period. Verus Capital Partners LLC acquired a new stake in shares of T-Mobile US during the first quarter worth $270,000. Finally, US Bancorp DE grew its stake in shares of T-Mobile US by 11.7% during the first quarter. US Bancorp DE now owns 118,769 shares of the Wireless communications provider’s stock worth $19,386,000 after purchasing an additional 12,446 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other T-Mobile US news, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The stock was sold at an average price of $224.30, for a total value of $24,673,000.00. Following the sale, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total value of $615,900.00. Following the sale, the insider now owns 119,687 shares in the company, valued at $24,571,741.10. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 433,824 shares of company stock worth $90,112,000. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.5 %

TMUS traded down $1.10 on Tuesday, hitting $237.22. 665,867 shares of the company were exchanged, compared to its average volume of 4,432,025. T-Mobile US, Inc. has a 12 month low of $145.77 and a 12 month high of $239.13. The company has a market cap of $275.29 billion, a PE ratio of 27.17, a PEG ratio of 1.20 and a beta of 0.50. 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 stock’s fifty day moving average is $212.60 and its 200-day moving average is $190.75.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the prior year, the company posted $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% on a year-over-year basis. Equities research analysts predict that T-Mobile US, Inc. will post 9.36 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. Investors of record on Wednesday, November 27th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.48%. 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 presently 29.65%.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Oppenheimer lifted their price objective on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Evercore ISI boosted their target price on T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. UBS Group boosted their target price on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Daiwa America raised T-Mobile US to a “hold” rating in a research note on Friday, October 25th. Finally, Barclays boosted their target price on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently 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.