Asset Management One Co. Ltd. Decreases Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Asset Management One Co. Ltd. trimmed its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 249,945 shares of the Wireless communications provider's stock after selling 6,995 shares during the period. Asset Management One Co. Ltd.'s holdings in T-Mobile US were worth $55,743,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in TMUS. Barclays PLC increased its holdings in shares of T-Mobile US by 38.3% during the third 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 in the last quarter. International Assets Investment Management LLC lifted its stake in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock worth $51,586,000 after buying an additional 248,828 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $1,552,000. Trust Co. of Vermont raised its holdings in T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock worth $5,954,000 after acquiring an additional 2,865 shares during the last quarter. Finally, Swedbank AB lifted its position in T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after acquiring an additional 12,411 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

Insider Activity

In other news, Director Andre Almeida purchased 3,808 shares of the company's stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,100 shares of company stock worth $747,378 over the last quarter. Insiders own 0.67% of the company's stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded down $7.61 during midday trading on Tuesday, reaching $263.21. The stock had a trading volume of 3,877,684 shares, compared to its average volume of 3,867,970. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $271.41. The stock has a 50-day moving average of $228.50 and a 200-day moving average of $219.52. The company has a market capitalization of $300.52 billion, a price-to-earnings ratio of 27.22, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating 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, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. T-Mobile US's dividend payout ratio is presently 36.40%.

Analyst Ratings Changes

Several research analysts have recently weighed in on TMUS shares. The Goldman Sachs Group boosted their price target on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Evercore ISI upgraded shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Wells Fargo & Company increased their price objective on shares of T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. TD Cowen lifted their target price on shares of T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research report on Thursday, October 24th. Finally, Barclays increased their price target on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $251.79.

T-Mobile US 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.