Lindenwold Advisors INC Has $1.88 Million Stock Holdings in T-Mobile US, Inc. $TMUS

Lindenwold Advisors INC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.6% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 7,881 shares of the Wireless communications provider’s stock after buying an additional 125 shares during the quarter. Lindenwold Advisors INC’s holdings in T-Mobile US were worth $1,878,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. NorthCrest Asset Manangement LLC acquired a new stake in shares of T-Mobile US during the 2nd quarter worth about $284,000. Crestwood Advisors Group LLC lifted its stake in shares of T-Mobile US by 79.5% during the 1st quarter. Crestwood Advisors Group LLC now owns 1,635 shares of the Wireless communications provider’s stock worth $436,000 after buying an additional 724 shares during the last quarter. Berkshire Bank lifted its stake in shares of T-Mobile US by 12.5% during the 2nd quarter. Berkshire Bank now owns 12,593 shares of the Wireless communications provider’s stock worth $3,000,000 after buying an additional 1,400 shares during the last quarter. Canada Pension Plan Investment Board lifted its stake in shares of T-Mobile US by 14.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock worth $1,837,399,000 after buying an additional 864,030 shares during the last quarter. Finally, Granite Bay Wealth Management LLC lifted its stake in shares of T-Mobile US by 9.0% during the 2nd quarter. Granite Bay Wealth Management LLC now owns 25,980 shares of the Wireless communications provider’s stock worth $6,190,000 after buying an additional 2,135 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Redburn Atlantic upgraded shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Rothschild Redb upgraded shares of T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Wolfe Research dropped their price objective on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a research note on Tuesday, September 30th. Rothschild & Co Redburn upgraded shares of T-Mobile US from a “sell” rating to a “neutral” rating and set a $228.00 price objective for the company in a research note on Monday, July 7th. Finally, The Goldman Sachs Group assumed coverage on shares of T-Mobile US in a research note on Tuesday, September 2nd. They issued a “buy” rating and a $286.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $265.13.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $228.79 on Friday. The firm has a 50 day moving average of $243.36 and a 200-day moving average of $243.02. The stock has a market capitalization of $257.48 billion, a PE ratio of 21.58, a PEG ratio of 1.54 and a beta of 0.59. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 1.33. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating the consensus estimate of $2.69 by $0.15. The company had revenue of $21.13 billion during the quarter, compared to analysts’ expectations of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business’s revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the previous year, the company earned $2.49 EPS. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, November 26th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio is presently 33.21%.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $232.63, for a total value of $16,246,879.20. Following the completion of the transaction, the director directly owned 646,822,764 shares in the company, valued at approximately $150,470,379,589.32. The trade was a 0.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have sold 2,499,001 shares of company stock valued at $602,845,239. 0.37% of the stock is currently owned by insiders.

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.