T-Mobile US, Inc. $TMUS Shares Bought by AG2R LA Mondiale Gestion D Actifs

AG2R LA Mondiale Gestion D Actifs boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 17.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 20,177 shares of the Wireless communications provider’s stock after buying an additional 3,068 shares during the quarter. AG2R LA Mondiale Gestion D Actifs’ holdings in T-Mobile US were worth $4,097,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in TMUS. Sei Investments Co. increased its position in T-Mobile US by 6.3% during the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after buying an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC increased its position in T-Mobile US by 315.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock valued at $1,147,000 after buying an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in T-Mobile US during the 2nd quarter valued at about $375,000. Raymond James Financial Inc. increased its position in T-Mobile US by 0.5% during the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after buying an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP increased its position in T-Mobile US by 81.7% during the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after buying an additional 1,279,422 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TMUS has been the topic of several recent analyst reports. KeyCorp raised T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a research report on Monday, April 13th. Citigroup increased their price objective on T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Arete Research increased their price objective on T-Mobile US from $295.00 to $300.00 and gave the company a “buy” rating in a report on Tuesday, May 5th. Weiss Ratings reissued a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. Finally, Sanford C. Bernstein reissued a “neutral” rating on shares of T-Mobile US in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $260.48.

Insider Activity

In related news, insider Mark Wolfe Nelson sold 2,329 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $222.38, for a total transaction of $517,923.02. Following the sale, the insider directly owned 65,677 shares of the company’s stock, valued at $14,605,251.26. This trade represents a 3.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director G Michael Sievert sold 1,089 shares of the firm’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total value of $241,594.65. Following the sale, the director directly owned 125,696 shares in the company, valued at approximately $27,885,657.60. This trade represents a 0.86% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 699,134 shares of company stock valued at $151,826,849 over the last 90 days. Company insiders own 0.37% of the company’s stock.

T-Mobile US Stock Down 1.4%

Shares of TMUS stock opened at $190.85 on Tuesday. The stock’s 50-day simple moving average is $203.66 and its 200-day simple moving average is $203.86. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The firm has a market capitalization of $206.54 billion, a PE ratio of 20.30, a P/E/G ratio of 1.14 and a beta of 0.33. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $261.56.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The business had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The company’s revenue was up 10.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.58 earnings per share. Equities analysts expect that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.