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T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Increased by APG Asset Management N.V.

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APG Asset Management N.V. increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 101.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 516,477 shares of the Wireless communications provider's stock after buying an additional 259,747 shares during the period. APG Asset Management N.V.'s holdings in T-Mobile US were worth $110,094,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of TMUS. Rakuten Securities Inc. raised its position in shares of T-Mobile US by 93.9% during the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after purchasing an additional 62 shares during the period. Dunhill Financial LLC grew 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 worth $27,000 after buying an additional 56 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in T-Mobile US in the fourth quarter worth $28,000. Financial Life Planners bought a new stake in T-Mobile US in the fourth quarter valued at $29,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the third quarter worth about $34,000. Institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

A number of research analysts have issued reports on TMUS shares. Morgan Stanley assumed coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an "overweight" rating and a $280.00 target price for the company. Citigroup downgraded T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research report on Friday, March 14th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, Oppenheimer raised their price target on T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus price target of $256.80.

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View Our Latest Report on TMUS

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction 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 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. Company insiders own 0.67% of the company's stock.

T-Mobile US Trading Up 1.0 %

Shares of T-Mobile US stock traded up $2.55 on Friday, reaching $258.67. 3,987,274 shares of the company were exchanged, compared to its average volume of 4,240,056. T-Mobile US, Inc. has a fifty-two week low of $159.14 and a fifty-two week high of $276.49. The firm has a market capitalization of $295.34 billion, a price-to-earnings ratio of 26.75, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a fifty day moving average price of $260.28 and a 200-day moving average price of $237.28.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping 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%. On average, analysts expect that T-Mobile US, Inc. will post 10.37 EPS 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. Investors of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.36%. T-Mobile US's dividend payout ratio (DPR) is presently 36.40%.

T-Mobile US Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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