T-Mobile US, Inc. $TMUS Shares Purchased by Tredje AP fonden

Tredje AP fonden increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 347,497 shares of the Wireless communications provider’s stock after purchasing an additional 5,781 shares during the period. Tredje AP fonden’s holdings in T-Mobile US were worth $70,556,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sei Investments Co. boosted its stake in T-Mobile US by 6.3% in the second quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after acquiring an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC boosted its stake in T-Mobile US by 315.7% in the second quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock valued at $1,147,000 after acquiring an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC acquired a new position in T-Mobile US in the second quarter valued at $375,000. Raymond James Financial Inc. boosted its stake in T-Mobile US by 0.5% in the second quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock valued at $489,420,000 after acquiring an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP boosted its stake in T-Mobile US by 81.7% in the second quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after acquiring an additional 1,279,422 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS opened at $190.65 on Tuesday. T-Mobile US, Inc. has a fifty-two week low of $181.36 and a fifty-two week high of $261.56. The company has a market capitalization of $206.32 billion, a price-to-earnings ratio of 20.28, a price-to-earnings-growth ratio of 1.09 and a beta of 0.33. The firm has a 50-day simple moving average of $200.77 and a 200-day simple moving average of $202.74. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. During the same quarter in the prior year, the firm earned $2.58 earnings per share. The business’s quarterly revenue was up 10.6% compared to the same quarter last year. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Announces Dividend

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

Insider Buying and Selling at T-Mobile US

In other news, insider Michael J. Katz sold 5,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director G Michael Sievert sold 1,089 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total transaction of $241,594.65. Following the sale, the director owned 125,696 shares of the company’s stock, valued at $27,885,657.60. This trade represents a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 138,894 shares of company stock valued at $29,902,357. Corporate insiders own 0.37% of the company’s stock.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research analyst reports. Wall Street Zen upgraded shares of T-Mobile US from a “sell” rating to a “hold” rating in a research note on Saturday, May 2nd. UBS Group restated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, April 29th. KeyCorp upgraded shares of T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price objective for the company in a research note on Monday, April 13th. Barclays restated a “buy” rating on shares of T-Mobile US in a research note on Friday, April 24th. Finally, Scotiabank decreased their price objective on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research note on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and an average target price of $260.48.

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.