Miller Howard Investments Inc. NY raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 3.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,285 shares of the Wireless communications provider's stock after acquiring an additional 1,288 shares during the quarter. Miller Howard Investments Inc. NY's holdings in T-Mobile US were worth $8,230,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Wellington Management Group LLP grew its holdings in 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 worth $3,203,642,000 after purchasing an additional 602,786 shares during the period. FMR LLC boosted its position in shares of 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 in the last quarter. Franklin Resources Inc. grew its stake in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after buying an additional 590,711 shares during the period. Barclays PLC raised its stake in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after buying an additional 876,182 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after acquiring an additional 47,350 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US Stock Performance
Shares of TMUS traded down $0.93 during mid-day trading on Friday, hitting $246.24. The stock had a trading volume of 3,434,435 shares, compared to its average volume of 3,682,888. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $250.50. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The business has a fifty day moving average price of $225.96 and a 200-day moving average price of $215.70. The firm has a market cap of $281.14 billion, a P/E ratio of 25.46, a PEG ratio of 1.44 and a beta of 0.56.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued 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 net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.
T-Mobile US Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. 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 1.43%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is presently 36.40%.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the company. Benchmark restated a "buy" rating and set a $255.00 price objective on shares of T-Mobile US in a report on Tuesday, January 28th. Wells Fargo & Company boosted their price target on shares of T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a research note on Thursday, January 30th. Oppenheimer raised their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Daiwa America upgraded shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. Finally, Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Seven analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $251.79.
Read Our Latest Stock Analysis on TMUS
Insider Activity
In other news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Andre Almeida bought 3,808 shares of the company's stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares of the company's stock, 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. Insiders have sold a total of 23,100 shares of company stock worth $5,501,978 over the last ninety days. Company insiders own 0.67% of the company's stock.
About T-Mobile US
(
Free Report)
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.
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