3Chopt Investment Partners LLC Has $209,000 Holdings in T-Mobile US, Inc. $TMUS

3Chopt Investment Partners LLC decreased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 13.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 879 shares of the Wireless communications provider’s stock after selling 138 shares during the period. 3Chopt Investment Partners LLC’s holdings in T-Mobile US were worth $209,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Hohimer Wealth Management LLC raised its position in shares of T-Mobile US by 2.3% during the first quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock valued at $480,000 after buying an additional 41 shares during the last quarter. Journey Strategic Wealth LLC grew its stake in T-Mobile US by 4.2% during the first quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after buying an additional 41 shares during the last quarter. Angeles Wealth Management LLC grew its stake in T-Mobile US by 1.2% during the first quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after buying an additional 41 shares during the last quarter. Weaver Capital Management LLC grew its stake in T-Mobile US by 0.6% during the second quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after buying an additional 42 shares during the last quarter. Finally, Bank of Stockton lifted its position in shares of T-Mobile US by 1.2% during the second quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after purchasing an additional 44 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $228.79 on Friday. The company has a market capitalization of $257.48 billion, a price-to-earnings ratio of 21.58, a PEG ratio of 1.54 and a beta of 0.59. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21. The company has a 50-day simple moving average of $243.36 and a 200 day simple moving average of $243.02. T-Mobile US, Inc. has a 52 week low of $208.39 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, topping the consensus estimate of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. T-Mobile US’s revenue was up 6.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.49 EPS. On average, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Wednesday, November 26th will be issued a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a yield of 1.8%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s payout ratio is presently 33.21%.

Analysts Set New Price Targets

TMUS has been the topic of a number of research reports. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research report on Tuesday, September 30th. Benchmark increased their target price on shares of T-Mobile US from $275.00 to $295.00 and gave the stock a “buy” rating in a report on Friday. Deutsche Bank Aktiengesellschaft raised their price objective on shares of T-Mobile US from $280.00 to $300.00 in a report on Thursday, October 2nd. Weiss Ratings restated a “buy (b)” rating on shares of T-Mobile US in a report on Wednesday. Finally, Redburn Atlantic raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 target price for the company in a research report on Monday, July 7th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $265.13.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction dated Wednesday, October 8th. The shares were sold at an average price of $226.17, for a total value of $14,571,228.42. Following the completion of the sale, the director owned 628,039,751 shares of the company’s stock, valued at $142,043,750,483.67. The trade was a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 2,499,001 shares of company stock valued at $602,845,239. Insiders own 0.37% of the company’s stock.

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.