Empirical Finance LLC Purchases 273 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Empirical Finance LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,994 shares of the Wireless communications provider’s stock after purchasing an additional 273 shares during the quarter. Empirical Finance LLC’s holdings in T-Mobile US were worth $3,713,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TMUS. DT Investment Partners LLC boosted its position in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares during the period. Davis Investment Partners LLC raised its holdings in shares of T-Mobile US by 0.6% in the third quarter. Davis Investment Partners LLC now owns 8,223 shares of the Wireless communications provider’s stock valued at $1,711,000 after purchasing an additional 51 shares during the last quarter. Barden Capital Management Inc. lifted its position in shares of T-Mobile US by 0.8% in the third quarter. Barden Capital Management Inc. now owns 6,824 shares of the Wireless communications provider’s stock worth $1,408,000 after purchasing an additional 54 shares in the last quarter. Compton Wealth Advisory Group LLC boosted its holdings in T-Mobile US by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock worth $2,644,000 after purchasing an additional 56 shares during the last quarter. Finally, Benjamin Edwards Inc. grew its position in T-Mobile US by 0.7% in the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock valued at $1,468,000 after purchasing an additional 56 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Activity

In other T-Mobile US news, CFO Peter Osvaldik sold 20,000 shares of the company’s stock in a transaction on Friday, October 25th. The shares were sold at an average price of $233.55, for a total transaction of $4,671,000.00. Following the completion of the transaction, the chief financial officer now directly owns 61,307 shares in the company, valued at approximately $14,318,249.85. This represents a 24.60 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 9,586 shares of the company’s stock in a transaction on Tuesday, August 20th. The stock was sold at an average price of $196.96, for a total transaction of $1,888,058.56. Following the sale, the director now directly owns 1,940,792 shares of the company’s stock, 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. Over the last ninety days, insiders sold 464,924 shares of company stock valued at $97,427,925. 0.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TMUS shares. The Goldman Sachs Group raised their price objective on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a report on Thursday, October 24th. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. StockNews.com raised T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a report on Thursday, July 18th. Finally, TD Cowen raised their price target on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Three investment 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $241.83.

T-Mobile US Trading Up 0.2 %

Shares of NASDAQ TMUS opened at $238.28 on Friday. The firm’s 50 day moving average price is $214.22 and its 200-day moving average price is $191.62. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a 52-week low of $147.07 and a 52-week high of $242.43. The company has a market cap of $276.52 billion, a PE ratio of 27.11, a P/E/G ratio of 1.23 and a beta of 0.50.

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. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. During the same quarter last year, the company earned $1.82 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. On average, equities research analysts expect that T-Mobile US, Inc. will post 9.36 EPS for the current fiscal 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 dividend of $0.88 per share. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio (DPR) is currently 29.65%.

T-Mobile US Profile

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.