Trust Co. of Vermont Has $6.91 Million Stock Holdings in T-Mobile US, Inc. $TMUS

Key Points

• Trust Co. of Vermont increased its holdings in T-Mobile US by 5.1% during Q2, owning 28,991 shares valued at approximately $6.91 million.
• Several large investors, including Merit Financial Group and Bremer Bank, also adjusted their positions in T-Mobile US, indicating a trend of increased institutional interest.
• T-Mobile US has declared a quarterly dividend of $1.02 per share, marking an increase from the previous dividend of $0.88, with a payout ratio of 38.49%.

Trust Co. of Vermont increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,991 shares of the Wireless communications provider's stock after acquiring an additional 1,417 shares during the period. Trust Co. of Vermont's holdings in T-Mobile US were worth $6,907,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in TMUS. Merit Financial Group LLC boosted its position in shares of T-Mobile US by 33.6% during the 1st quarter. Merit Financial Group LLC now owns 9,692 shares of the Wireless communications provider's stock worth $2,585,000 after acquiring an additional 2,435 shares in the last quarter. Fulton Bank N.A. boosted its position in shares of T-Mobile US by 3.6% during the 1st quarter. Fulton Bank N.A. now owns 3,265 shares of the Wireless communications provider's stock worth $871,000 after acquiring an additional 113 shares in the last quarter. Unigestion Holding SA boosted its position in shares of T-Mobile US by 18.0% during the 1st quarter. Unigestion Holding SA now owns 158,703 shares of the Wireless communications provider's stock worth $42,299,000 after acquiring an additional 24,195 shares in the last quarter. Crestmont Private Wealth LLC acquired a new stake in shares of T-Mobile US during the 1st quarter worth approximately $215,000. Finally, Bremer Bank National Association boosted its position in shares of T-Mobile US by 6.8% during the 1st quarter. Bremer Bank National Association now owns 30,069 shares of the Wireless communications provider's stock worth $8,020,000 after acquiring an additional 1,905 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on TMUS. KeyCorp reiterated an "underweight" rating and set a $200.00 price target on shares of T-Mobile US in a research report on Wednesday, July 9th. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a research note on Tuesday, July 8th. The Goldman Sachs Group started 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. Rothschild & Co Redburn raised 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, Royal Bank Of Canada increased 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. Three research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $260.39.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction on Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director owned 647,660,844 shares of the company's stock, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 2,520,207 shares of company stock worth $608,126,659 over the last ninety days. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

TMUS stock opened at $239.38 on Wednesday. The company has a fifty day moving average price of $245.19 and a 200-day moving average price of $244.59. The company has a market capitalization of $269.40 billion, a P/E ratio of 22.58, a PEG ratio of 1.30 and a beta of 0.61. T-Mobile US, Inc. has a 52-week low of $202.77 and a 52-week high of $276.49. The company has a debt-to-equity ratio of 1.33, a quick ratio of 1.13 and a current ratio of 1.21.

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

T-Mobile US Increases Dividend

The firm 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 dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, November 26th. This is an increase from T-Mobile US's previous quarterly dividend of $0.88. This represents a $4.08 annualized dividend and a dividend yield of 1.7%. T-Mobile US's payout ratio is 38.49%.

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.

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