Fidelis Capital Partners LLC Boosts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Fidelis Capital Partners LLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 9.3% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,950 shares of the Wireless communications provider’s stock after buying an additional 250 shares during the period. Fidelis Capital Partners LLC’s holdings in T-Mobile US were worth $562,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insiders Place Their Bets

In other news, EVP Deeanne King sold 15,437 shares of the business’s stock in a transaction dated Thursday, August 8th. The stock was sold at an average price of $190.00, for a total value of $2,933,030.00. Following the completion of the transaction, the executive vice president now owns 35,588 shares of the company’s stock, valued at approximately $6,761,720. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. In other news, EVP Deeanne King sold 15,437 shares of the firm’s stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $190.00, for a total transaction of $2,933,030.00. Following the sale, the executive vice president now owns 35,588 shares of the company’s stock, valued at approximately $6,761,720. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $194.57, for a total transaction of $3,891,400.00. Following the transaction, the chief executive officer now directly owns 418,124 shares of the company’s stock, valued at $81,354,386.68. The disclosure for this sale can be found here. In the last three months, insiders have sold 573,414 shares of company stock valued at $107,147,801. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS opened at $199.44 on Monday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The stock has a 50-day moving average of $192.29 and a two-hundred day moving average of $176.60. The stock has a market cap of $233.71 billion, a P/E ratio of 27.13, a P/E/G ratio of 0.74 and a beta of 0.51. T-Mobile US, Inc. has a one year low of $135.82 and a one year high of $206.30.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion. During the same quarter in the prior year, the firm earned $1.86 earnings per share. T-Mobile US’s revenue for the quarter was up 3.0% on a year-over-year basis. As a group, research analysts predict that T-Mobile US, Inc. will post 9.18 EPS for the current year.

T-Mobile US Increases Dividend

The firm 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 $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.76%. This is a positive change 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%.

Analysts Set New Price Targets

TMUS has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft raised their target price on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. StockNews.com raised shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Tigress Financial upped their target price on T-Mobile US from $205.00 to $235.00 and gave the stock a “buy” rating in a report on Monday, August 12th. Benchmark lifted their price target on T-Mobile US from $220.00 to $250.00 and gave the company a “buy” rating in a report on Friday. Finally, Scotiabank upped their price objective on T-Mobile US from $197.00 to $215.50 and gave the stock a “sector outperform” rating in a research note on Thursday. Eighteen equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $211.92.

About T-Mobile US

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.