Madison Investment Advisors LLC Acquires Shares of 10,000 T-Mobile US, Inc. (NASDAQ:TMUS)

Madison Investment Advisors LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 10,000 shares of the Wireless communications provider's stock, valued at approximately $2,207,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP lifted its holdings in shares of T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock worth $3,203,642,000 after purchasing an additional 602,786 shares during the period. FMR LLC raised its position in T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock worth $2,660,758,000 after purchasing an additional 1,522,394 shares during the last quarter. Franklin Resources Inc. lifted its holdings in T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock worth $1,448,426,000 after buying an additional 590,711 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of T-Mobile US by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider's stock valued at $712,966,000 after buying an additional 85,012 shares during the last quarter. Finally, Barclays PLC increased its stake 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 buying an additional 876,182 shares during the period. 42.49% of the stock is owned by institutional investors.

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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 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 transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.67% of the company's stock.

T-Mobile US Stock Down 0.1 %

Shares of TMUS traded down $0.21 on Tuesday, reaching $258.75. The company's stock had a trading volume of 2,987,882 shares, compared to its average volume of 3,977,317. T-Mobile US, Inc. has a twelve month low of $159.14 and a twelve month high of $276.49. The stock has a market capitalization of $295.43 billion, a PE ratio of 26.76, a PEG ratio of 1.55 and a beta of 0.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a fifty day moving average of $249.99 and a 200-day moving average of $231.69.

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, beating 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 analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently disclosed 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. 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 Upgrades and Downgrades

Several analysts recently commented on the company. Morgan Stanley assumed coverage on T-Mobile US in a report on Monday, December 16th. They issued an "overweight" rating and a $280.00 target price on the stock. Royal Bank of Canada upped their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday. HSBC downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price for the company. in a research note on Wednesday, March 5th. Barclays upped their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Finally, KeyCorp lowered T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price objective for the company. in a research report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $255.80.

About T-Mobile US

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.