T-Mobile US, Inc. $TMUS Stake Boosted by Lindenwold Advisors INC

Lindenwold Advisors INC grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,881 shares of the Wireless communications provider’s stock after acquiring an additional 125 shares during the period. Lindenwold Advisors INC’s holdings in T-Mobile US were worth $1,878,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. NorthCrest Asset Manangement LLC purchased a new position in shares of T-Mobile US during the 2nd quarter valued at $284,000. Crestwood Advisors Group LLC lifted its position in T-Mobile US by 79.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider’s stock worth $436,000 after acquiring an additional 724 shares during the last quarter. Berkshire Bank lifted its position in T-Mobile US by 12.5% during the 2nd quarter. Berkshire Bank now owns 12,593 shares of the Wireless communications provider’s stock worth $3,000,000 after acquiring an additional 1,400 shares during the last quarter. Canada Pension Plan Investment Board raised its position in shares of T-Mobile US by 14.3% during the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after buying an additional 864,030 shares during the last quarter. Finally, Granite Bay Wealth Management LLC raised its position in shares of T-Mobile US by 9.0% during the second quarter. Granite Bay Wealth Management LLC now owns 25,980 shares of the Wireless communications provider’s stock valued at $6,190,000 after buying an additional 2,135 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Royal Bank Of Canada upped their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. JPMorgan Chase & Co. increased their price objective on shares of T-Mobile US from $280.00 to $300.00 and gave the company an “overweight” rating in a report on Tuesday, September 30th. Weiss Ratings reiterated a “buy (b)” rating on shares of T-Mobile US in a report on Wednesday. Arete Research raised shares of T-Mobile US to a “strong-buy” rating in a research report on Tuesday, July 8th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Three analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, T-Mobile US has a consensus rating of “Moderate Buy” and an average target price of $265.13.

T-Mobile US Stock Up 1.1%

T-Mobile US stock opened at $228.79 on Friday. The company has a market cap of $257.48 billion, a P/E ratio of 21.58, a price-to-earnings-growth ratio of 1.54 and a beta of 0.59. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49. The company has a fifty day simple moving average of $243.36 and a 200 day simple moving average of $243.02. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates 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%. The firm’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.49 earnings per share. Research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Increases Dividend

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

Insider Buying and Selling

In other T-Mobile US news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction on 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 in the company, valued at $142,043,750,483.67. This trade represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold a total of 2,499,001 shares of company stock valued at $602,845,239 in the last ninety days. Company 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.