Jones Financial Companies Lllp Raises Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Jones Financial Companies Lllp grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 40.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,909 shares of the Wireless communications provider's stock after purchasing an additional 6,829 shares during the quarter. Jones Financial Companies Lllp's holdings in T-Mobile US were worth $5,277,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. FMR LLC raised its stake in shares of T-Mobile US by 13.4% in the third quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after buying an additional 1,522,394 shares during the period. Barclays PLC grew its position in shares of T-Mobile US by 38.3% in 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 in the last quarter. Proficio Capital Partners LLC grew its position in shares of T-Mobile US by 31,353.2% in the fourth quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider's stock valued at $140,172,000 after purchasing an additional 633,021 shares in the last quarter. Wellington Management Group LLP grew its position 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 in the last quarter. Finally, Franklin Resources Inc. grew its position in shares of T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after purchasing an additional 590,711 shares in the last quarter. Institutional investors own 42.49% of the company's stock.

T-Mobile US Trading Down 0.7 %

TMUS traded down $1.91 during midday trading on Wednesday, reaching $262.74. 5,156,246 shares of the company's stock traded hands, compared to its average volume of 4,018,747. The firm has a fifty day moving average of $238.17 and a two-hundred day moving average of $225.48. The stock has a market capitalization of $299.98 billion, a price-to-earnings ratio of 27.17, a P/E/G ratio of 1.55 and a beta of 0.56. 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 52 week low of $158.84 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its 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 return on equity of 18.09% and a net margin of 13.93%. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

Wall Street Analyst Weigh In

TMUS has been the subject of several recent research reports. Sanford C. Bernstein started coverage on T-Mobile US in a research report on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price target for the company. HSBC cut T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research report on Wednesday. Benchmark restated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Evercore ISI upgraded T-Mobile US to a "strong-buy" rating in a research report on Thursday, January 23rd. Finally, KeyCorp cut T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 target price for the company. in a research report on Thursday, December 12th. Eight investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $254.10.

Insiders Place Their Bets

In related news, Director Letitia A. Long sold 1,100 shares of the company's stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now owns 5,653 shares in the company, valued at $1,306,295.24. This represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Andre Almeida purchased 3,808 shares of the business's stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the purchase, the director now directly owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Company 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.