T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,459,130 shares of the Wireless communications provider’s stock after acquiring an additional 184,059 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.38% of T-Mobile US worth $785,667,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Wellington Management Group LLP lifted its stake in T-Mobile US by 200.0% in the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after buying an additional 4,241,877 shares in the last quarter. Putnam Investments LLC lifted its position in shares of T-Mobile US by 74.6% in the fourth quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after acquiring an additional 1,682,743 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of T-Mobile US by 3.8% in the first quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after acquiring an additional 1,667,778 shares in the last quarter. Clearbridge Investments LLC boosted its stake in shares of T-Mobile US by 18.8% during the first quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock valued at $596,159,000 after acquiring an additional 578,348 shares during the last quarter. Finally, Capital International Investors raised its stake in T-Mobile US by 27.1% in the 4th quarter. Capital International Investors now owns 2,660,314 shares of the Wireless communications provider’s stock valued at $426,528,000 after purchasing an additional 567,390 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $202.83 on Monday. The firm has a market capitalization of $236.66 billion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 0.74 and a beta of 0.51. The stock’s 50 day moving average price is $190.15 and its 200 day moving average price is $175.32. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. T-Mobile US, Inc. has a one year low of $135.82 and a one year high of $205.28.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.27 by $0.22. The company had revenue of $19.77 billion for the quarter, compared to the consensus estimate of $19.61 billion. T-Mobile US had a return on equity of 14.88% and a net margin of 11.95%. T-Mobile US’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.86 EPS. As a group, sell-side analysts expect that T-Mobile US, Inc. will post 9.18 EPS for the current fiscal year.

Insider Transactions at T-Mobile US

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 transaction of $26,030,472.66. Following the sale, the director now directly owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, Director Raul Marcelo Claure sold 132,309 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $196.74, for a total value of $26,030,472.66. Following the completion of the sale, the director now owns 1,551,204 shares of the company’s stock, valued at $305,183,874.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 133,461 shares of the stock in a transaction that occurred on Monday, June 24th. The shares were sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the completion of the transaction, the director now owns 670,812,128 shares of the company’s stock, valued at $119,431,391,269.12. The disclosure for this sale can be found here. In the last three months, insiders have sold 840,336 shares of company stock worth $154,461,060. 0.67% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Sanford C. Bernstein raised shares of T-Mobile US to a “strong-buy” rating in a research note on Wednesday, July 31st. Deutsche Bank Aktiengesellschaft lifted their target price on shares of T-Mobile US from $185.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, July 18th. Tigress Financial boosted their price target on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a report on Monday, August 12th. Evercore ISI upgraded T-Mobile US to a “hold” rating in a report on Thursday, August 1st. Finally, Bank of America upped their target price on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, June 10th. One research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $201.44.

About T-Mobile US

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.