T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,233,725 shares of the Wireless communications provider’s stock after purchasing an additional 89,999 shares during the quarter. Janus Henderson Group PLC owned about 0.20% of T-Mobile US worth $493,094,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of TMUS. Barclays PLC increased its position in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after acquiring an additional 876,182 shares during the period. Fortitude Family Office LLC increased its holdings in shares of T-Mobile US by 53.8% in the fourth quarter. Fortitude Family Office LLC now owns 203 shares of the Wireless communications provider’s stock valued at $45,000 after purchasing an additional 71 shares during the period. Graypoint LLC lifted its holdings in shares of T-Mobile US by 3.0% during the fourth quarter. Graypoint LLC now owns 2,885 shares of the Wireless communications provider’s stock worth $637,000 after purchasing an additional 85 shares during the period. Czech National Bank lifted its holdings in shares of T-Mobile US by 5.9% during the fourth quarter. Czech National Bank now owns 105,679 shares of the Wireless communications provider’s stock worth $23,327,000 after purchasing an additional 5,851 shares during the period. Finally, Aprio Wealth Management LLC acquired a new stake in shares of T-Mobile US during the fourth quarter worth about $247,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.67% of the stock is owned by insiders.

Analyst Ratings Changes

TMUS has been the subject of several research reports. Hsbc Global Res cut shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Citigroup downgraded shares of T-Mobile US from a “buy” rating to a “neutral” rating and set a $268.00 target price for the company. in a research report on Friday, March 14th. Barclays upped their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, February 3rd. Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Ten analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $257.68.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $243.81 on Friday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 1-year low of $161.72 and a 1-year high of $276.49. The company has a market cap of $276.83 billion, a PE ratio of 25.21, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. The stock’s 50 day simple moving average is $256.32 and its 200-day simple moving average is $242.71.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to analyst estimates of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company’s revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.00 earnings per share. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

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.