Y.D. More Investments Ltd lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) by 25.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 417 shares of the Wireless communications provider’s stock after buying an additional 84 shares during the quarter. Y.D. More Investments Ltd’s holdings in T-Mobile US were worth $92,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors also recently bought and sold shares of the company. FMR LLC grew its holdings in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares during the period. Barclays PLC boosted its position in shares of T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Wellington Management Group LLP raised its holdings in T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after purchasing an additional 602,786 shares in the last quarter. Franklin Resources Inc. lifted its position in T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares during the period. Finally, Nordea Investment Management AB boosted its holdings in shares of T-Mobile US by 36.9% during the 4th quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider’s stock valued at $324,960,000 after buying an additional 397,345 shares in the last quarter. 42.49% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several brokerages recently issued reports on TMUS. UBS Group increased their price target on shares of T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Oppenheimer upped their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. Tigress Financial lifted their price objective on T-Mobile US from $235.00 to $280.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Finally, JPMorgan Chase & Co. increased their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $251.26.
Insider Activity
In related news, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO G Michael Sievert sold 20,000 shares of the business’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the sale, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at $89,891,418.52. This represents a 5.02 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,100 shares of company stock valued at $5,501,978 in the last quarter. 0.67% of the stock is currently owned by insiders.
T-Mobile US Stock Up 2.2 %
Shares of T-Mobile US stock opened at $242.43 on Thursday. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The company’s 50 day moving average is $226.03 and its 200 day moving average is $214.53. The company has a market cap of $281.34 billion, a price-to-earnings ratio of 25.07, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56.
T-Mobile US (NASDAQ:TMUS – Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Research analysts anticipate that T-Mobile US, Inc. will post 10.18 EPS for the current year.
T-Mobile US Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.45%. T-Mobile US’s dividend payout ratio is currently 36.40%.
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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