Banco Bilbao Vizcaya Argentaria S.A. Has $23.07 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Banco Bilbao Vizcaya Argentaria S.A. lowered its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 104,521 shares of the Wireless communications provider's stock after selling 6,303 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in T-Mobile US were worth $23,071,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Rakuten Securities Inc. lifted its stake in 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 in the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners bought a new stake in T-Mobile US in the 4th quarter valued at $29,000. Bruce G. Allen Investments LLC boosted its stake in T-Mobile US by 79.3% in the 4th quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after purchasing an additional 73 shares during the period. Finally, Albion Financial Group UT bought a new position in T-Mobile US during the 4th quarter worth about $39,000. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In other T-Mobile US 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 transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TMUS. Evercore ISI raised T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Bank of America raised their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Royal Bank of Canada lifted their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Tigress Financial restated a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Barclays lifted their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus price target of $256.80.

T-Mobile US Stock Performance

TMUS stock traded down $29.41 during midday trading on Friday, reaching $232.77. 13,554,734 shares of the company were exchanged, compared to its average volume of 4,251,776. T-Mobile US, Inc. has a one year low of $161.61 and a one year high of $276.49. The firm has a market capitalization of $264.58 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The business has a 50-day moving average price of $260.36 and a two-hundred day moving average price of $240.76. 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 (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.51%. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

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.