denkapparat Operations GmbH Invests $519,000 in T-Mobile US, Inc. (NASDAQ:TMUS)

denkapparat Operations GmbH acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,352 shares of the Wireless communications provider's stock, valued at approximately $519,000.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of T-Mobile US in the fourth quarter valued at about $1,802,393,000. Raymond James Financial Inc. acquired a new stake in T-Mobile US in the fourth quarter valued at approximately $452,721,000. Barclays PLC raised its stake in shares of T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Proficio Capital Partners LLC lifted its position in shares of T-Mobile US by 31,353.2% during the fourth 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 in the last quarter. Finally, Wellington Management Group LLP boosted its stake in shares of T-Mobile US by 4.0% in the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have commented on TMUS shares. Evercore ISI upgraded shares of T-Mobile US to a "strong-buy" rating in a report on Thursday, January 23rd. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Tigress Financial restated a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 target price for the company. Finally, Benchmark restated a "buy" rating and issued a $275.00 price target on shares of T-Mobile US in a research report on Thursday, March 27th. Eleven investment 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 stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $256.80.

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Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.67% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of NASDAQ TMUS traded down $1.29 during mid-day trading on Tuesday, reaching $265.42. 1,067,804 shares of the company traded hands, compared to its average volume of 4,156,216. The firm has a market cap of $303.05 billion, a PE ratio of 27.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. 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 fifty-two week low of $159.14 and a fifty-two week high of $276.49. The stock has a fifty day simple moving average of $253.88 and a 200-day simple moving average of $233.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US's dividend payout ratio is presently 36.40%.

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.