Bridgewater Advisors Inc. Has $2.46 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Bridgewater Advisors Inc. lowered its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,894 shares of the Wireless communications provider’s stock after selling 113 shares during the quarter. Bridgewater Advisors Inc.’s holdings in T-Mobile US were worth $2,463,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in TMUS. WASHINGTON TRUST Co raised its stake in shares of T-Mobile US by 143.1% in the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 83 shares during the last quarter. DT Investment Partners LLC raised its holdings in shares of T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the last quarter. Summit Securities Group LLC acquired a new position in T-Mobile US during the 2nd quarter worth $27,000. Y.D. More Investments Ltd acquired a new position in T-Mobile US during the 2nd quarter valued at about $27,000. Finally, MFA Wealth Advisors LLC lifted its stake in T-Mobile US by 128.3% in the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the period. 42.49% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction that occurred 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 transaction, the director now owns 1,551,204 shares in the company, valued at $305,183,874.96. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the transaction, the director now owns 1,551,204 shares of the company’s stock, valued at approximately $305,183,874.96. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on Monday, August 12th. The stock was sold at an average price of $194.57, for a total value of $3,891,400.00. Following the completion of the sale, the chief executive officer now directly owns 418,124 shares in the company, valued at approximately $81,354,386.68. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 453,824 shares of company stock worth $94,003,400. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $232.19 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The stock has a market cap of $269.45 billion, a PE ratio of 26.48, a PEG ratio of 1.15 and a beta of 0.50. The company’s fifty day moving average is $210.45 and its 200 day moving average is $189.05. T-Mobile US, Inc. has a 52 week low of $145.77 and a 52 week high of $234.56.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.82 earnings per share. Research analysts anticipate that T-Mobile US, Inc. will post 9.36 earnings per share for the current year.

T-Mobile US Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Wednesday, November 27th will be paid a $0.88 dividend. The ex-dividend date of this dividend 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 dividend yield of 1.52%. T-Mobile US’s dividend payout ratio (DPR) is presently 29.65%.

Analyst Ratings Changes

TMUS has been the topic of a number of recent research reports. BNP Paribas raised T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Benchmark boosted their price objective on T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. The Goldman Sachs Group boosted their price objective on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Bank of America raised their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Daiwa America upgraded T-Mobile US to a “hold” rating in a report on Friday, October 25th. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $241.83.

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.