Boston Common Asset Management LLC Has $25.38 Million Stake in T-Mobile US, Inc. $TMUS

Boston Common Asset Management LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 106,029 shares of the Wireless communications provider’s stock after buying an additional 3,672 shares during the period. Boston Common Asset Management LLC’s holdings in T-Mobile US were worth $25,381,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in TMUS. Triad Wealth Partners LLC bought a new stake in shares of T-Mobile US during the 3rd quarter valued at $216,000. Rogco LP acquired a new position in T-Mobile US in the third quarter valued at about $281,000. Avidian Wealth Enterprises LLC raised its stake in T-Mobile US by 6.0% in the third quarter. Avidian Wealth Enterprises LLC now owns 2,777 shares of the Wireless communications provider’s stock valued at $665,000 after purchasing an additional 157 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in T-Mobile US during the third quarter worth about $5,877,000. Finally, Cornerstone Wealth Group LLC grew its stake in T-Mobile US by 3.0% during the third quarter. Cornerstone Wealth Group LLC now owns 17,959 shares of the Wireless communications provider’s stock worth $4,299,000 after buying an additional 526 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, Director G Michael Sievert sold 22,500 shares of the firm’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the transaction, the director owned 308,696 shares of the company’s stock, valued at approximately $66,977,771.12. This trade represents a 6.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 64,426 shares of the business’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $220.69, for a total transaction of $14,218,173.94. Following the completion of the sale, the director directly owned 582,120,756 shares in the company, valued at approximately $128,468,229,641.64. This represents a 0.01% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 171,620 shares of company stock worth $37,671,808. 0.37% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on TMUS shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. HSBC upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price objective for the company in a research report on Friday, October 24th. Morgan Stanley reduced their target price on T-Mobile US from $280.00 to $260.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Wells Fargo & Company upgraded T-Mobile US from an “equal weight” rating to an “overweight” rating and lifted their price target for the company from $250.00 to $260.00 in a research note on Thursday, October 16th. Finally, DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Tuesday, October 28th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $257.76.

T-Mobile US Price Performance

Shares of TMUS opened at $183.60 on Thursday. The company has a quick ratio of 0.80, a current ratio of 0.89 and a debt-to-equity ratio of 1.37. The stock has a market cap of $205.36 billion, a PE ratio of 17.65, a PEG ratio of 1.01 and a beta of 0.45. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $276.49. The business has a 50-day simple moving average of $201.25 and a two-hundred day simple moving average of $223.11.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The company had revenue of $21.96 billion for the quarter, compared to analysts’ expectations of $21.61 billion. The business’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.61 earnings per share. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Friday, February 27th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio is 39.23%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.