B. Metzler seel. Sohn & Co. AG Raises Position in T-Mobile US, Inc. (NASDAQ:TMUS)

B. Metzler seel. Sohn & Co. AG grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 13.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,499 shares of the Wireless communications provider’s stock after purchasing an additional 3,772 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in T-Mobile US were worth $6,953,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Dunhill Financial LLC lifted its stake in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust purchased a new position in T-Mobile US during the fourth quarter worth about $28,000. Financial Life Planners bought a new stake in T-Mobile US in the 4th quarter worth about $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the 3rd quarter valued at about $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares of the company’s stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on TMUS shares. Tigress Financial restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Barclays boosted their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Royal Bank of Canada raised their target price on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday, March 21st. Benchmark reissued a “buy” rating and issued a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Finally, UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $256.80.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $266.71 on Tuesday. The stock has a fifty day moving average of $253.88 and a 200-day moving average of $233.59. The stock has a market cap of $304.51 billion, a PE ratio of 27.58, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a fifty-two week low of $159.14 and a fifty-two week high of $276.49.

T-Mobile US (NASDAQ:TMUS) last announced 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%. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.32%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

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.