Barclays PLC Has $653.16 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Barclays PLC raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 38.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,165,153 shares of the Wireless communications provider's stock after purchasing an additional 876,182 shares during the quarter. Barclays PLC owned approximately 0.27% of T-Mobile US worth $653,160,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. WASHINGTON TRUST Co raised its position in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider's stock worth $25,000 after purchasing an additional 83 shares during the last quarter. DT Investment Partners LLC raised its position in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 47 shares during the last quarter. Summit Securities Group LLC acquired a new position in shares of T-Mobile US during the second quarter valued at $27,000. Y.D. More Investments Ltd acquired a new stake in T-Mobile US in the second quarter worth about $27,000. Finally, Dunhill Financial LLC raised 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 purchasing an additional 56 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Raymond James cut shares of T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. KeyCorp upped their target price on shares of T-Mobile US from $230.00 to $252.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Royal Bank of Canada increased their price target on T-Mobile US from $232.00 to $255.00 and gave the company an "outperform" rating in a research note on Friday, October 25th. TD Cowen lifted their price objective on T-Mobile US from $216.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, Tigress Financial increased their target price on T-Mobile US from $235.00 to $280.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. Three investment analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $244.33.

Insider Activity

In other news, Director Srikant M. Datar sold 1,000 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total value of $247,190.00. Following the transaction, the director now owns 5,021 shares of the company's stock, valued at approximately $1,241,140.99. This represents a 16.61 % 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. Also, Director Raul Marcelo Claure sold 132,309 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was sold at an average price of $196.74, for a total value of $26,030,472.66. Following the transaction, the director now owns 1,551,204 shares in the company, valued at approximately $305,183,874.96. This trade represents a 7.86 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 341,178 shares of company stock valued at $73,048,712 over the last three months. Insiders own 0.67% of the company's stock.

T-Mobile US Stock Down 6.1 %

TMUS stock traded down $14.92 during mid-day trading on Monday, reaching $228.86. The company had a trading volume of 6,264,941 shares, compared to its average volume of 4,353,360. T-Mobile US, Inc. has a 52 week low of $153.84 and a 52 week high of $248.15. The company has a market capitalization of $265.59 billion, a price-to-earnings ratio of 27.80, a PEG ratio of 1.24 and a beta of 0.53. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The stock has a 50 day simple moving average of $228.07 and a two-hundred day simple moving average of $201.06.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts' expectations of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company's revenue for the quarter was up 4.7% compared to the same quarter last year. During the same quarter last year, the company posted $1.82 earnings per share. As a group, equities analysts predict that T-Mobile US, Inc. will post 9.38 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.54%. T-Mobile US's dividend payout ratio is 40.14%.

About T-Mobile US

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.