Capital International Investors Acquires 1,734,998 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Capital International Investors raised its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 36.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,525,744 shares of the Wireless communications provider's stock after buying an additional 1,734,998 shares during the period. Capital International Investors owned approximately 0.57% of T-Mobile US worth $1,440,424,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of T-Mobile US in the 4th quarter valued at $1,802,393,000. Canada Pension Plan Investment Board increased its position in shares of T-Mobile US by 85.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after acquiring an additional 2,777,657 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of T-Mobile US during the fourth quarter valued at approximately $452,721,000. Barclays PLC lifted its position in shares of T-Mobile US by 38.3% in the 3rd 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. Finally, Proficio Capital Partners LLC boosted its stake in T-Mobile US by 31,353.2% in the 4th quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider's stock worth $140,172,000 after purchasing an additional 633,021 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated 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 of the company's stock, valued at $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.67% of the company's stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded up $0.52 during trading on Wednesday, hitting $258.82. 1,922,851 shares of the stock were exchanged, compared to its average volume of 4,224,102. The company has a market capitalization of $294.19 billion, a price-to-earnings ratio of 26.77, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. 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 1-year low of $160.62 and a 1-year high of $276.49. The company's fifty day simple moving average is $261.36 and its 200-day simple moving average is $239.91.

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 earnings per share for the quarter, topping 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%. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend payout ratio is 36.40%.

Analyst Ratings Changes

Several brokerages have recently commented on TMUS. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Scotiabank increased their price target on shares of T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a research report on Monday, March 3rd. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, JPMorgan Chase & Co. lifted their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $256.80.

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.