Axa S.A. Sells 4,933 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Axa S.A. cut its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 203,362 shares of the Wireless communications provider’s stock after selling 4,933 shares during the quarter. Axa S.A.’s holdings in T-Mobile US were worth $35,828,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the company. Compton Wealth Advisory Group LLC boosted its position in shares of T-Mobile US by 0.4% in the second quarter. Compton Wealth Advisory Group LLC now owns 15,009 shares of the Wireless communications provider’s stock valued at $2,644,000 after acquiring an additional 56 shares during the period. Benjamin Edwards Inc. boosted its holdings in T-Mobile US by 0.7% in the 2nd quarter. Benjamin Edwards Inc. now owns 8,331 shares of the Wireless communications provider’s stock valued at $1,468,000 after purchasing an additional 56 shares during the period. Anfield Capital Management LLC boosted its holdings in T-Mobile US by 18.7% in the 2nd quarter. Anfield Capital Management LLC now owns 362 shares of the Wireless communications provider’s stock valued at $64,000 after purchasing an additional 57 shares during the period. Capital Advisors Ltd. LLC grew its position in T-Mobile US by 22.6% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 315 shares of the Wireless communications provider’s stock worth $55,000 after purchasing an additional 58 shares during the last quarter. Finally, Proficio Capital Partners LLC increased its holdings in shares of T-Mobile US by 2.3% during the 1st quarter. Proficio Capital Partners LLC now owns 2,840 shares of the Wireless communications provider’s stock worth $464,000 after purchasing an additional 64 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the transaction, the director now directly owns 1,551,204 shares in the company, valued at $305,183,874.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, Director Raul Marcelo Claure sold 132,309 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total transaction of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, August 12th. The shares were sold at an average price of $194.57, for a total value of $3,891,400.00. Following the completion of the transaction, the chief executive officer now owns 418,124 shares in the company, valued at approximately $81,354,386.68. The disclosure for this sale can be found here. In the last 90 days, insiders sold 306,492 shares of company stock worth $60,078,776. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

TMUS has been the subject of several research reports. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Tuesday, July 30th. Citigroup raised their price objective on T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Benchmark raised their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Barclays boosted their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Finally, TD Cowen raised their price objective on shares of T-Mobile US from $202.00 to $216.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Eighteen analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $211.92.

T-Mobile US Stock Performance

NASDAQ:TMUS opened at $203.25 on Friday. The stock has a market capitalization of $238.18 billion, a P/E ratio of 27.65, a price-to-earnings-growth ratio of 1.07 and a beta of 0.51. T-Mobile US, Inc. has a 1 year low of $135.82 and a 1 year high of $208.16. The firm has a 50 day moving average of $193.47 and a 200-day moving average of $177.31. The company has a current ratio of 0.84, a quick ratio of 0.78 and a debt-to-equity ratio of 1.22.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.22. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. The company had revenue of $19.77 billion for the quarter, compared to analyst estimates of $19.61 billion. During the same quarter in the previous year, the firm earned $1.86 earnings per share. The business’s revenue was up 3.0% on a year-over-year basis. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 9.13 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Wednesday, November 27th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.73%. The ex-dividend date is Wednesday, November 27th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s dividend payout ratio (DPR) is presently 47.89%.

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.