Vickerman Investment Advisors Inc. Trims Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Vickerman Investment Advisors Inc. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 19.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,037 shares of the Wireless communications provider’s stock after selling 4,109 shares during the quarter. Vickerman Investment Advisors Inc.’s holdings in T-Mobile US were worth $3,516,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Norden Group LLC increased its stake in T-Mobile US by 45.8% in the 1st quarter. Norden Group LLC now owns 3,644 shares of the Wireless communications provider’s stock valued at $595,000 after buying an additional 1,145 shares during the period. Advisory Alpha LLC grew its stake in shares of T-Mobile US by 7.3% during the 1st quarter. Advisory Alpha LLC now owns 1,340 shares of the Wireless communications provider’s stock worth $219,000 after purchasing an additional 91 shares during the period. Manchester Capital Management LLC grew its stake in shares of T-Mobile US by 26.4% during the 1st quarter. Manchester Capital Management LLC now owns 972 shares of the Wireless communications provider’s stock worth $159,000 after purchasing an additional 203 shares during the period. MGB Wealth Management LLC grew its stake in shares of T-Mobile US by 3.8% during the 1st quarter. MGB Wealth Management LLC now owns 2,734 shares of the Wireless communications provider’s stock worth $446,000 after purchasing an additional 100 shares during the period. Finally, CFO4Life Group LLC acquired a new position in shares of T-Mobile US during the 1st quarter worth $932,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Up 2.2 %

TMUS stock opened at $232.19 on Thursday. T-Mobile US, Inc. has a twelve month low of $145.77 and a twelve month high of $234.56. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $269.45 billion, a P/E ratio of 26.48, a PEG ratio of 1.15 and a beta of 0.50. The firm has a 50 day simple moving average of $210.45 and a 200-day simple moving average of $189.05.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $20.01 billion. During the same period last year, the business posted $1.82 earnings per share. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. On average, equities research analysts predict that T-Mobile US, Inc. will post 9.36 earnings per share 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. Investors of record on Wednesday, November 27th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Wednesday, November 27th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. This represents a $3.52 annualized dividend and a yield of 1.52%. T-Mobile US’s dividend payout ratio (DPR) is 29.65%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft upped their price target 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. Barclays upped their target price on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Oppenheimer increased their price objective on shares of T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a report on Thursday, October 24th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Finally, Morgan Stanley increased their target price on shares of T-Mobile US from $209.00 to $239.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 29th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $241.83.

Insider Buying and Selling

In related news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was 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 in the company, valued at $81,354,386.68. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction on Monday, August 12th. The stock was 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 in the company, valued at $81,354,386.68. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Raul Marcelo Claure sold 9,586 shares of the firm’s stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $196.96, for a total value of $1,888,058.56. Following the completion of the sale, the director now owns 1,940,792 shares in the company, valued at $382,258,392.32. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 453,824 shares of company stock worth $94,003,400 over the last ninety days. 0.67% of the stock is owned by insiders.

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.