Schear Investment Advisers LLC Has $800,000 Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Schear Investment Advisers LLC raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 3,879 shares of the Wireless communications provider’s stock after purchasing an additional 122 shares during the quarter. Schear Investment Advisers LLC’s holdings in T-Mobile US were worth $800,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. WASHINGTON TRUST Co raised its holdings in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 83 shares in the last quarter. DT Investment Partners LLC increased 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 valued at $25,000 after purchasing an additional 47 shares during the period. Summit Securities Group LLC bought a new position in T-Mobile US in the second quarter worth $27,000. Y.D. More Investments Ltd acquired a new stake in T-Mobile US during the second quarter worth $27,000. Finally, MFA Wealth Advisors LLC increased its holdings in T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insiders Place Their Bets

In other T-Mobile US news, EVP Nestor Cano sold 11,100 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the transaction, the executive vice president now owns 4,400 shares in the company, valued at approximately $1,015,300. This trade represents a 71.61 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 464,924 shares of company stock valued at $97,427,925. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.9 %

NASDAQ TMUS opened at $235.61 on Friday. The stock has a market capitalization of $273.42 billion, a P/E ratio of 26.87, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. T-Mobile US, Inc. has a 52 week low of $147.07 and a 52 week high of $242.43. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. The stock has a fifty day moving average of $215.88 and a 200-day moving average of $192.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates 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 firm had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. During the same period last year, the company earned $1.82 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a $0.88 dividend. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.49%. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is currently 29.65%.

Analyst Ratings Changes

Several brokerages have recently weighed in on TMUS. Wells Fargo & Company lifted their target price on shares of T-Mobile US from $230.00 to $240.00 and gave the company an “overweight” rating in a research report on Thursday, October 24th. Bank of America lifted their price objective on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Raymond James cut T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Scotiabank upped their price target on T-Mobile US from $236.00 to $237.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Finally, KeyCorp lifted their price objective on T-Mobile US from $230.00 to $252.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Three equities research 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 stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $241.83.

T-Mobile US Company 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.