T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Candriam S.C.A.

Candriam S.C.A. boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 31.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 73,233 shares of the Wireless communications provider's stock after acquiring an additional 17,721 shares during the quarter. Candriam S.C.A.'s holdings in T-Mobile US were worth $16,165,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. JSF Financial LLC boosted its position in shares of T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after buying an additional 44 shares during the period. KPP Advisory Services LLC boosted its holdings in T-Mobile US by 2.6% in the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider's stock valued at $360,000 after purchasing an additional 45 shares during the period. D Orazio & Associates Inc. boosted its holdings in T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after purchasing an additional 47 shares during the period. Warren Street Wealth Advisors LLC boosted its holdings in T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after purchasing an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC boosted its holdings in T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock valued at $284,000 after purchasing an additional 48 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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Analysts Set New Price Targets

TMUS has been the subject of a number of recent research reports. HSBC lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a report on Wednesday. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Bank of America lifted their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Scotiabank lifted their price target on T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a report on Monday, March 3rd. Finally, Morgan Stanley started coverage on T-Mobile US in a report on Monday, December 16th. They issued an "overweight" rating and a $280.00 target price for the company. Nine 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 data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $254.10.

T-Mobile US Stock Performance

Shares of TMUS stock traded up $2.29 during trading hours on Friday, reaching $265.24. 3,289,580 shares of the company's stock were exchanged, compared to its average volume of 3,992,415. The company has a market cap of $302.84 billion, a P/E ratio of 27.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. The company's 50 day moving average is $239.80 and its two-hundred day moving average is $226.42. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $276.49. 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 issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping 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%. Equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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 issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend payout ratio is currently 36.40%.

Insider Buying and Selling

In related news, Director Andre Almeida bought 3,808 shares of the stock in a transaction on Monday, December 9th. The shares were purchased at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now owns 3,808 shares in the company, valued at $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 the SEC website. Also, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company's stock.

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.