Marathon Trading Investment Management LLC Purchases New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Marathon Trading Investment Management LLC acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,805 shares of the Wireless communications provider’s stock, valued at approximately $372,000.

Several other large investors have also recently bought and sold shares of TMUS. Claro Advisors LLC grew its holdings in shares of T-Mobile US by 26.4% in the 3rd quarter. Claro Advisors LLC now owns 2,195 shares of the Wireless communications provider’s stock valued at $453,000 after buying an additional 458 shares during the period. Obsidian Personal Planning Solutions LLC acquired a new position in T-Mobile US in the third quarter valued at about $235,000. Schear Investment Advisers LLC increased its holdings in shares of T-Mobile US by 3.2% in the third quarter. Schear Investment Advisers LLC now owns 3,879 shares of the Wireless communications provider’s stock worth $800,000 after acquiring an additional 122 shares in the last quarter. WESPAC Advisors SoCal LLC raised its position in shares of T-Mobile US by 4.9% during the third quarter. WESPAC Advisors SoCal LLC now owns 61,664 shares of the Wireless communications provider’s stock worth $12,725,000 after purchasing an additional 2,888 shares during the period. Finally, KPP Advisory Services LLC lifted its holdings in shares of T-Mobile US by 2.6% during the 3rd quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after purchasing an additional 45 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on TMUS. Daiwa America raised T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Benchmark boosted their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Bank of America increased their price target on T-Mobile US from $220.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Royal Bank of Canada boosted their price objective on T-Mobile US from $232.00 to $255.00 and gave the stock an “outperform” rating in a report on Friday, October 25th. Finally, BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $241.83.

T-Mobile US Stock Down 0.9 %

NASDAQ:TMUS opened at $235.61 on Friday. T-Mobile US, Inc. has a one year low of $147.07 and a one year high of $242.43. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market cap of $273.42 billion, a PE ratio of 26.87, a P/E/G ratio of 1.20 and a beta of 0.50. The firm’s 50 day simple moving average is $215.88 and its 200 day simple moving average is $192.64.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping analysts’ consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion for the quarter, compared to analyst estimates of $20.01 billion. During the same quarter in the previous year, the business earned $1.82 earnings per share. T-Mobile US’s revenue was up 4.7% compared to the same quarter last year. On average, research analysts anticipate that T-Mobile US, Inc. will post 9.38 earnings per share for the current year.

T-Mobile US Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be issued a $0.88 dividend. The ex-dividend date 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 1.49%. T-Mobile US’s dividend payout ratio is presently 29.65%.

Insider Buying and Selling at T-Mobile US

In related news, insider Michael J. Katz sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $205.30, for a total transaction of $615,900.00. Following the sale, the insider now owns 119,687 shares in the company, valued at $24,571,741.10. This represents a 2.45 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of T-Mobile US stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $237.73, for a total value of $4,754,600.00. Following the completion of the sale, the chief executive officer now owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 464,924 shares of company stock valued at $97,427,925. 0.67% of the stock is currently owned by company insiders.

T-Mobile US 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.