T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 22.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,733 shares of the Wireless communications provider's stock after purchasing an additional 1,418 shares during the period. Brown Brothers Harriman & Co.'s holdings in T-Mobile US were worth $1,707,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Horizon Investment Services LLC purchased a new stake in T-Mobile US during the 4th quarter valued at about $3,299,000. denkapparat Operations GmbH purchased a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $519,000. Orion Portfolio Solutions LLC increased its position in shares of T-Mobile US by 8.3% during the fourth quarter. Orion Portfolio Solutions LLC now owns 21,564 shares of the Wireless communications provider's stock valued at $4,760,000 after acquiring an additional 1,647 shares in the last quarter. Broadway Wealth Solutions Inc. purchased a new position in T-Mobile US in the 4th quarter worth approximately $310,000. Finally, New Age Alpha Advisors LLC lifted its position in T-Mobile US by 51,463.4% in the 4th quarter. New Age Alpha Advisors LLC now owns 57,751 shares of the Wireless communications provider's stock valued at $12,747,000 after acquiring an additional 57,639 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on TMUS shares. Citigroup cut T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research note on Friday, March 14th. JPMorgan Chase & Co. boosted their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 price target on the stock. Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Finally, Scotiabank raised their target price on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a report on Monday, March 3rd. Eleven research 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $256.80.

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T-Mobile US Trading Down 1.5 %

TMUS stock traded down $3.98 during mid-day trading on Wednesday, reaching $264.56. The company had a trading volume of 2,912,860 shares, compared to its average volume of 4,162,470. The firm has a 50 day moving average of $254.86 and a 200 day moving average of $234.05. 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 12 month low of $159.14 and a 12 month high of $276.49. The company has a market capitalization of $302.06 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, equities analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors 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 annualized dividend and a dividend yield of 1.33%. T-Mobile US's dividend payout ratio (DPR) is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at $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 SEC, which is available at this hyperlink. 0.67% of the stock is currently owned by company insiders.

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.