Motley Fool Asset Management LLC Has $12.09 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Motley Fool Asset Management LLC lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,754 shares of the Wireless communications provider's stock after acquiring an additional 7,789 shares during the quarter. Motley Fool Asset Management LLC's holdings in T-Mobile US were worth $12,086,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Westpac Banking Corp increased its stake in T-Mobile US by 25.4% in the 4th quarter. Westpac Banking Corp now owns 10,439 shares of the Wireless communications provider's stock worth $2,304,000 after purchasing an additional 2,113 shares in the last quarter. OneAscent Financial Services LLC increased its position in shares of T-Mobile US by 34.8% in the fourth quarter. OneAscent Financial Services LLC now owns 5,929 shares of the Wireless communications provider's stock worth $1,309,000 after acquiring an additional 1,530 shares in the last quarter. Huntington National Bank raised its holdings in shares of T-Mobile US by 3.3% during the fourth quarter. Huntington National Bank now owns 373,266 shares of the Wireless communications provider's stock valued at $82,391,000 after acquiring an additional 11,973 shares during the period. Meeder Advisory Services Inc. lifted its position in shares of T-Mobile US by 5.7% in the 4th quarter. Meeder Advisory Services Inc. now owns 10,427 shares of the Wireless communications provider's stock valued at $2,302,000 after acquiring an additional 559 shares in the last quarter. Finally, Groupama Asset Managment grew its position in T-Mobile US by 18.3% during the 4th quarter. Groupama Asset Managment now owns 279,498 shares of the Wireless communications provider's stock worth $61,674,000 after purchasing an additional 43,226 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the company's stock in a transaction 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 transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.67% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Royal Bank of Canada raised their target price on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Hsbc Global Res cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective on the stock. in a research report on Friday, March 14th. Finally, JPMorgan Chase & Co. raised their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 18th. Eleven investment 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.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $256.80.

T-Mobile US Stock Performance

Shares of T-Mobile US stock traded down $19.78 during midday trading on Friday, hitting $248.11. The company had a trading volume of 7,947,288 shares, compared to its average volume of 4,194,725. T-Mobile US, Inc. has a 1-year low of $159.14 and a 1-year high of $276.49. The business's 50 day simple moving average is $257.41 and its two-hundred day simple moving average is $234.79. The stock has a market cap of $283.28 billion, a PE ratio of 25.66, a P/E/G ratio of 1.55 and a beta of 0.63. 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 (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data 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%. As a group, equities analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal 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 given a $0.88 dividend. 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 1.42%. T-Mobile US's dividend payout ratio is currently 36.40%.

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.