Ensign Peak Advisors Inc Has $35.33 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Ensign Peak Advisors Inc decreased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 200,545 shares of the Wireless communications provider’s stock after selling 7,585 shares during the period. Ensign Peak Advisors Inc’s holdings in T-Mobile US were worth $35,332,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Compton Wealth Advisory Group LLC raised its holdings in T-Mobile US by 0.4% during the 2nd 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. Benjamin Edwards Inc. boosted its position in T-Mobile US by 0.7% during the second quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock valued at $1,468,000 after acquiring an additional 56 shares during the last quarter. Anfield Capital Management LLC grew its holdings in T-Mobile US by 18.7% during the 2nd quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock worth $64,000 after acquiring an additional 57 shares during the period. Capital Advisors Ltd. LLC raised its position in shares of T-Mobile US by 22.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock worth $55,000 after acquiring an additional 58 shares in the last quarter. Finally, Proficio Capital Partners LLC lifted its stake in shares of T-Mobile US by 2.3% in the 1st quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock valued at $464,000 after purchasing an additional 64 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insider Buying and Selling at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction that occurred on Wednesday, June 26th. The stock was sold at an average price of $175.86, for a total value of $23,470,451.46. Following the completion of the transaction, the director now directly owns 670,545,206 shares of the company’s stock, valued at $117,922,079,927.16. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction dated Monday, July 1st. The shares were sold at an average price of $177.59, for a total value of $532,770.00. Following the sale, the insider now owns 122,687 shares of the company’s stock, valued at $21,787,984.33. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction dated Wednesday, June 26th. The shares were sold at an average price of $175.86, for a total transaction of $23,470,451.46. Following the completion of the transaction, the director now owns 670,545,206 shares in the company, valued at $117,922,079,927.16. The disclosure for this sale can be found here. In the last 90 days, insiders sold 706,875 shares of company stock worth $130,909,198. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Down 0.1 %

TMUS stock opened at $199.44 on Friday. The firm has a market capitalization of $233.71 billion, a PE ratio of 27.13, a P/E/G ratio of 0.74 and a beta of 0.51. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. T-Mobile US, Inc. has a twelve month low of $135.82 and a twelve month high of $206.30. The stock’s 50 day moving average is $192.29 and its 200-day moving average is $176.53.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The business had revenue of $19.77 billion for the quarter, compared to analysts’ expectations of $19.61 billion. The business’s revenue was up 3.0% on a year-over-year basis. During the same period last year, the business earned $1.86 EPS. Sell-side analysts expect that T-Mobile US, Inc. will post 9.18 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.76%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date of this dividend is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is presently 35.37%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on TMUS shares. KeyCorp lifted their target price on T-Mobile US from $190.00 to $230.00 and gave the stock an “overweight” rating in a report on Monday, September 16th. TD Cowen lifted their price objective on shares of T-Mobile US from $202.00 to $216.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Deutsche Bank Aktiengesellschaft increased their target price on shares of T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. Finally, Wells Fargo & Company increased their price objective on shares of T-Mobile US from $200.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, September 12th. Eighteen equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $211.92.

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.