B. Metzler seel. Sohn & Co. Holding AG Invests $5.72 Million in T-Mobile US, Inc. (NASDAQ:TMUS)

B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 3rd quarter, Holdings Channel reports. The institutional investor purchased 27,727 shares of the Wireless communications provider’s stock, valued at approximately $5,722,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DT Investment Partners LLC boosted its holdings in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares in the last quarter. MFA Wealth Advisors LLC lifted its position in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 77 shares during the period. WASHINGTON TRUST Co boosted its stake in T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock worth $25,000 after acquiring an additional 83 shares in the last quarter. Y.D. More Investments Ltd purchased a new stake in T-Mobile US in the second quarter worth about $27,000. Finally, Summit Securities Group LLC bought a new position in shares of T-Mobile US during the second quarter valued at approximately $27,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $233.20 on Wednesday. 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 capitalization of $270.63 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 1.20 and a beta of 0.50. The firm’s 50 day moving average price is $217.45 and its 200-day moving average price is $193.82. T-Mobile US, Inc. has a twelve month low of $147.24 and a twelve month high of $242.43.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, topping the consensus estimate of $2.32 by $0.29. The business had revenue of $20.16 billion for the quarter, compared to analysts’ expectations 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 was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.82 EPS. Equities research analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.51%. The ex-dividend date is Wednesday, November 27th. This is a positive change from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is currently 29.65%.

Insiders Place Their Bets

In other T-Mobile US news, EVP Nestor Cano sold 11,100 shares of T-Mobile US stock in a transaction on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total value of $2,561,325.00. Following the sale, the executive vice president now directly owns 4,400 shares in the company, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US 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 directly owns 378,124 shares in the company, valued at $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. Insiders sold a total of 455,338 shares of company stock worth $95,539,866 over the last quarter. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on TMUS shares. Benchmark upped their price target on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Citigroup raised their price target on T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, The Goldman Sachs Group upped their target price on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Three equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $241.83.

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.