T-Mobile US, Inc. $TMUS Shares Sold by Heartland Bank & Trust Co

Heartland Bank & Trust Co lessened its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 2.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,274 shares of the Wireless communications provider’s stock after selling 59 shares during the period. Heartland Bank & Trust Co’s holdings in T-Mobile US were worth $542,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Hohimer Wealth Management LLC raised its position in shares of T-Mobile US by 2.3% during the 1st quarter. Hohimer Wealth Management LLC now owns 1,800 shares of the Wireless communications provider’s stock worth $480,000 after purchasing an additional 41 shares during the last quarter. Journey Strategic Wealth LLC raised its position in shares of T-Mobile US by 4.2% during the 1st quarter. Journey Strategic Wealth LLC now owns 1,022 shares of the Wireless communications provider’s stock worth $273,000 after purchasing an additional 41 shares during the last quarter. Angeles Wealth Management LLC raised its position in shares of T-Mobile US by 1.2% during the 1st quarter. Angeles Wealth Management LLC now owns 3,328 shares of the Wireless communications provider’s stock worth $888,000 after purchasing an additional 41 shares during the last quarter. Weaver Capital Management LLC raised its position in shares of T-Mobile US by 0.6% during the 2nd quarter. Weaver Capital Management LLC now owns 6,737 shares of the Wireless communications provider’s stock worth $1,605,000 after purchasing an additional 42 shares during the last quarter. Finally, Bank of Stockton raised its position in shares of T-Mobile US by 1.2% during the 2nd quarter. Bank of Stockton now owns 3,802 shares of the Wireless communications provider’s stock worth $906,000 after purchasing an additional 44 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $225.06 on Tuesday. The firm has a 50 day simple moving average of $243.04 and a 200-day simple moving average of $242.43. T-Mobile US, Inc. has a 1-year low of $208.39 and a 1-year high of $276.49. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The stock has a market cap of $253.29 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 1.56 and a beta of 0.59.

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

T-Mobile US Increases Dividend

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

Analyst Ratings Changes

TMUS has been the subject of several research reports. BNP Paribas Exane upped their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company an “outperform” rating in a research note on Monday, October 6th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. KeyCorp reaffirmed an “underweight” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Wednesday, July 9th. Royal Bank Of Canada upped their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a “sector perform” rating in a research note on Friday, July 25th. Finally, Scotiabank upped their price objective on shares of T-Mobile US from $271.50 to $278.00 and gave the company a “sector outperform” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $265.13.

Insider Buying and Selling at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 64,426 shares of the stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $226.17, for a total transaction of $14,571,228.42. Following the completion of the transaction, the director owned 628,039,751 shares of the company’s stock, valued at approximately $142,043,750,483.67. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last three months, insiders have sold 2,359,321 shares of company stock valued at $570,950,708. Corporate insiders own 0.37% of the company’s stock.

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.