T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by Community Bank & Trust Waco Texas

Community Bank & Trust Waco Texas reduced its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,346 shares of the Wireless communications provider’s stock after selling 130 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in T-Mobile US were worth $1,103,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TMUS. WASHINGTON TRUST Co increased its stake in shares of T-Mobile US by 143.1% during the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 83 shares during the last quarter. DT Investment Partners LLC lifted its position in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 47 shares in the last quarter. Summit Securities Group LLC acquired a new position in shares of T-Mobile US during the second quarter worth $27,000. Y.D. More Investments Ltd purchased a new position in T-Mobile US in the second quarter valued at about $27,000. Finally, MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In other news, CFO Peter Osvaldik sold 20,000 shares of the company’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the sale, the chief financial officer now directly owns 61,307 shares in the company, valued at approximately $14,318,249.85. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other T-Mobile US news, Director Raul Marcelo Claure sold 9,586 shares of the company’s stock in a transaction dated Tuesday, August 20th. The stock was sold at an average price of $196.96, for a total value of $1,888,058.56. Following the sale, the director now owns 1,940,792 shares in the company, valued at approximately $382,258,392.32. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Peter Osvaldik sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $233.55, for a total value of $4,671,000.00. Following the completion of the sale, the chief financial officer now owns 61,307 shares of the company’s stock, valued at approximately $14,318,249.85. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 444,924 shares of company stock valued at $92,673,325. 0.67% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TMUS shares. Royal Bank of Canada raised their price target on shares of T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, October 25th. The Goldman Sachs Group increased their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Bank of America boosted their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Scotiabank raised their price target on shares of T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company boosted their price objective on T-Mobile US from $230.00 to $240.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $241.83.

T-Mobile US Stock Up 0.3 %

Shares of NASDAQ TMUS opened at $239.00 on Wednesday. T-Mobile US, Inc. has a 1 year low of $145.77 and a 1 year high of $239.13. The firm’s 50-day moving average is $212.60 and its 200-day moving average is $190.75. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The firm has a market capitalization of $277.36 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 1.22 and a beta of 0.50.

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 analysts’ consensus estimates 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 firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. During the same quarter in the prior year, the company earned $1.82 EPS. The company’s revenue was up 4.7% on a year-over-year basis. Equities analysts expect that T-Mobile US, Inc. will post 9.36 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio is 29.65%.

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.