Keybank National Association OH Has $99.59 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Keybank National Association OH trimmed its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 451,172 shares of the Wireless communications provider's stock after selling 31,119 shares during the quarter. Keybank National Association OH's holdings in T-Mobile US were worth $99,587,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Farther Finance Advisors LLC grew its position in T-Mobile US by 34.7% in the third quarter. Farther Finance Advisors LLC now owns 3,778 shares of the Wireless communications provider's stock worth $780,000 after acquiring an additional 974 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in T-Mobile US by 146.1% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 158,744 shares of the Wireless communications provider's stock valued at $32,758,000 after purchasing an additional 94,242 shares in the last quarter. Roman Butler Fullerton & Co. raised its position in T-Mobile US by 13.9% in the 3rd quarter. Roman Butler Fullerton & Co. now owns 3,048 shares of the Wireless communications provider's stock worth $662,000 after purchasing an additional 372 shares during the last quarter. Intact Investment Management Inc. grew its position in shares of T-Mobile US by 7.0% during the 3rd quarter. Intact Investment Management Inc. now owns 5,340 shares of the Wireless communications provider's stock worth $1,102,000 after buying an additional 350 shares during the period. Finally, National Pension Service raised its position in shares of T-Mobile US by 12.6% in the 3rd quarter. National Pension Service now owns 1,231,751 shares of the Wireless communications provider's stock valued at $254,184,000 after acquiring an additional 137,527 shares during the period. Institutional investors and hedge funds own 42.49% of the company's stock.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research analyst reports. Oppenheimer lifted their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Barclays boosted their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Bank of America upped their price objective on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Finally, KeyCorp lowered shares of T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target on the stock. in a report on Thursday, December 12th. Eight research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and an average target price of $254.10.

Insider Activity

In other news, Director Andre Almeida acquired 3,808 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, with a total value of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Letitia A. Long sold 1,100 shares of the business'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 transaction, the director now owns 5,653 shares of the company's stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Trading Up 0.0 %

Shares of NASDAQ TMUS traded up $0.11 during trading on Thursday, hitting $262.85. 547,963 shares of the company traded hands, compared to its average volume of 4,003,781. The company has a 50-day moving average price of $238.17 and a 200-day moving average price of $225.48. The firm has a market capitalization of $300.11 billion, a P/E ratio of 27.14, a P/E/G ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 1 year low of $158.84 and a 1 year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate 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 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced 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 is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. T-Mobile US's payout ratio is currently 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.