Leibman Financial Services Inc. Sells 104 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Leibman Financial Services Inc. lessened its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,346 shares of the Wireless communications provider’s stock after selling 104 shares during the quarter. T-Mobile US comprises 2.4% of Leibman Financial Services Inc.’s investment portfolio, making the stock its 18th largest position. Leibman Financial Services Inc.’s holdings in T-Mobile US were worth $3,373,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of TMUS. Reliant Investment Management LLC bought a new stake in T-Mobile US in the 3rd quarter worth approximately $4,827,000. Atomi Financial Group Inc. lifted its position in T-Mobile US by 32.9% in the 3rd quarter. Atomi Financial Group Inc. now owns 4,870 shares of the Wireless communications provider’s stock worth $1,005,000 after buying an additional 1,206 shares during the last quarter. Park Place Capital Corp lifted its position in T-Mobile US by 3.9% in the 3rd quarter. Park Place Capital Corp now owns 4,896 shares of the Wireless communications provider’s stock worth $1,010,000 after buying an additional 185 shares during the last quarter. Dynamic Advisor Solutions LLC lifted its position in T-Mobile US by 4.7% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 4,451 shares of the Wireless communications provider’s stock worth $918,000 after buying an additional 199 shares during the last quarter. Finally, MBM Wealth Consultants LLC lifted its position in T-Mobile US by 7.8% in the 3rd quarter. MBM Wealth Consultants LLC now owns 6,664 shares of the Wireless communications provider’s stock worth $1,375,000 after buying an additional 484 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In related news, EVP Deeanne King sold 15,437 shares of the company’s stock in a transaction on 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 sale, the executive vice president now directly owns 35,588 shares of the company’s stock, valued at $6,761,720. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other news, CEO G Michael Sievert sold 20,000 shares of the stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the sale, the chief executive officer now directly owns 418,124 shares of the company’s stock, valued at approximately $81,354,386.68. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Deeanne King sold 15,437 shares of the stock in a transaction on 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 sale, the executive vice president now directly owns 35,588 shares in the company, valued at approximately $6,761,720. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 306,492 shares of company stock valued at $60,161,906 over the last ninety days. Company insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

TMUS has been the subject of a number of recent research reports. TD Cowen boosted their target price on T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. StockNews.com upgraded T-Mobile US from a “hold” rating to a “buy” rating in a research report on Tuesday, July 30th. Deutsche Bank Aktiengesellschaft boosted their price objective on T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research report on Thursday, July 18th. Evercore ISI boosted their price objective on T-Mobile US from $210.00 to $220.00 and gave the company an “outperform” rating in a research report on Thursday, September 19th. Finally, JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $220.00 to $230.00 and gave the company an “overweight” rating in a research report on Thursday, September 19th. Nineteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $216.36.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $211.17 on Wednesday. The company has a quick ratio of 0.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The company has a market cap of $247.46 billion, a PE ratio of 28.73, a P/E/G ratio of 1.07 and a beta of 0.51. The business has a 50 day moving average of $198.09 and a 200 day moving average of $179.91. T-Mobile US, Inc. has a 52 week low of $136.85 and a 52 week high of $212.24.

T-Mobile US (NASDAQ:TMUS) last announced 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. The company had revenue of $19.77 billion during the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The firm’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 earnings per share. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 9.13 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.67%. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. The ex-dividend date is Wednesday, November 27th. T-Mobile US’s dividend payout ratio is presently 47.89%.

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.