Motley Fool Asset Management LLC Purchases 7,789 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Motley Fool Asset Management LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 16.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,754 shares of the Wireless communications provider’s stock after purchasing an additional 7,789 shares during the period. Motley Fool Asset Management LLC’s holdings in T-Mobile US were worth $12,086,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TMUS. Rakuten Securities Inc. increased its stake in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 62 shares during the period. Dunhill Financial LLC grew its holdings 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 worth $27,000 after acquiring an additional 56 shares during the last quarter. CoreFirst Bank & Trust acquired a new position in T-Mobile US in the 4th quarter valued at approximately $28,000. Financial Life Planners bought a new position in shares of T-Mobile US during the fourth quarter valued at $29,000. Finally, Legacy Investment Solutions LLC bought a new stake in shares of T-Mobile US in the third quarter worth $34,000. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TMUS has been the subject of several analyst reports. Bank of America raised their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. upped their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Tuesday, March 18th. Royal Bank of Canada lifted their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a “sector perform” rating in a research note on Friday, March 21st. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price target on the stock. Finally, Morgan Stanley initiated coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price objective for the company. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued 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 a consensus price target of $256.80.

T-Mobile US Trading Down 1.5 %

NASDAQ:TMUS opened at $264.56 on Thursday. 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 one year low of $159.14 and a one year high of $276.49. The company has a market cap of $302.06 billion, a PE ratio of 27.36, a PEG ratio of 1.55 and a beta of 0.63. The firm has a 50-day moving average of $255.79 and a 200-day moving average of $234.26.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.67% of the company’s stock.

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.