Natixis Advisors LLC Has $89.43 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Natixis Advisors LLC raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 6.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 433,347 shares of the Wireless communications provider’s stock after buying an additional 26,094 shares during the quarter. Natixis Advisors LLC’s holdings in T-Mobile US were worth $89,425,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Kingsview Wealth Management LLC grew its position in T-Mobile US by 5.5% in the 1st quarter. Kingsview Wealth Management LLC now owns 4,454 shares of the Wireless communications provider’s stock worth $727,000 after purchasing an additional 234 shares during the last quarter. Tocqueville Asset Management L.P. increased its stake in T-Mobile US by 24.9% during the first quarter. Tocqueville Asset Management L.P. now owns 1,692 shares of the Wireless communications provider’s stock valued at $276,000 after acquiring an additional 337 shares during the period. Edgestream Partners L.P. lifted its position in shares of T-Mobile US by 213.2% in the 1st quarter. Edgestream Partners L.P. now owns 19,151 shares of the Wireless communications provider’s stock worth $3,126,000 after acquiring an additional 13,037 shares during the period. Jacobi Capital Management LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $204,000. Finally, Cynosure Group LLC acquired a new position in shares of T-Mobile US in the first quarter valued at $311,000. 42.49% of the stock is owned by institutional investors.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $235.61 on Friday. The firm has a 50 day simple moving average of $215.88 and a 200 day simple moving average of $192.64. T-Mobile US, Inc. has a fifty-two week low of $147.07 and a fifty-two week high of $242.43. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The firm has a market cap of $273.42 billion, a P/E ratio of 26.87, a P/E/G ratio of 1.20 and a beta of 0.50.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its 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 company had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.82 earnings per share. Sell-side analysts predict that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.88 per share. The ex-dividend date is Wednesday, November 27th. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a yield of 1.49%. T-Mobile US’s dividend payout ratio is presently 29.65%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction on Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares in the company, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Raul Marcelo Claure sold 9,586 shares of the firm’s stock in a transaction on 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 directly owns 1,940,792 shares in the company, valued at $382,258,392.32. The trade was a 0.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 464,924 shares of company stock worth $97,427,925 in the last quarter. 0.67% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of recent research reports. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. TD Cowen upped their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Bank of America raised their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Sanford C. Bernstein raised T-Mobile US to a “strong-buy” rating in a report on Wednesday, July 31st. Finally, Oppenheimer increased their target price on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $241.83.

Read Our Latest Research Report on TMUS

T-Mobile US Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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