Lindenwold Advisors INC Has $1.60 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Lindenwold Advisors INC increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,733 shares of the Wireless communications provider’s stock after purchasing an additional 88 shares during the period. Lindenwold Advisors INC’s holdings in T-Mobile US were worth $1,596,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. OneAscent Wealth Management LLC acquired a new position in shares of T-Mobile US in the 3rd quarter valued at $491,000. Napa Wealth Management bought a new stake in T-Mobile US in the third quarter valued at about $1,179,000. Holistic Financial Partners raised its position in T-Mobile US by 5.1% in the third quarter. Holistic Financial Partners now owns 1,743 shares of the Wireless communications provider’s stock worth $360,000 after purchasing an additional 84 shares in the last quarter. Braun Stacey Associates Inc. lifted its stake in T-Mobile US by 2.5% during the third quarter. Braun Stacey Associates Inc. now owns 142,723 shares of the Wireless communications provider’s stock worth $29,452,000 after purchasing an additional 3,455 shares during the period. Finally, Quest Partners LLC acquired a new stake in T-Mobile US during the third quarter valued at approximately $643,000. 42.49% of the stock is owned by institutional investors.

Insider Activity

In related news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the sale, the chief executive officer now owns 378,124 shares in the company, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the transaction, the director now directly owns 1,551,204 shares in the company, valued at $305,183,874.96. The trade was a 7.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 455,338 shares of company stock valued at $95,539,866 in the last 90 days. 0.67% of the stock is owned by company insiders.

T-Mobile US Price Performance

T-Mobile US stock opened at $237.03 on Tuesday. The business’s 50-day simple moving average is $216.71 and its 200 day simple moving average is $193.34. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The stock has a market cap of $275.07 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 1.20 and a beta of 0.50. T-Mobile US, Inc. has a 12-month low of $147.24 and a 12-month high of $242.43.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.82 EPS. As a group, research analysts anticipate that T-Mobile US, Inc. will post 9.38 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. Shareholders of record on Wednesday, November 27th will be given a dividend of $0.88 per share. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, November 27th. This represents a $3.52 annualized dividend and a dividend yield of 1.49%. T-Mobile US’s payout ratio is presently 29.65%.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Wells Fargo & Company increased their target price on T-Mobile US from $230.00 to $240.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Benchmark lifted their price objective on T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. UBS Group upped their target price on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Oppenheimer lifted their price target on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Finally, Raymond James cut shares of T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.