T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Norinchukin Bank The

Norinchukin Bank The increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 8.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,109 shares of the Wireless communications provider's stock after purchasing an additional 2,535 shares during the quarter. Norinchukin Bank The's holdings in T-Mobile US were worth $7,308,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Signaturefd LLC lifted its position in shares of T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares in the last quarter. JSF Financial LLC raised its position in T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock worth $1,117,000 after acquiring an additional 44 shares during the period. D Orazio & Associates Inc. raised its position in T-Mobile US by 3.7% during the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock worth $290,000 after acquiring an additional 47 shares during the period. Warren Street Wealth Advisors LLC lifted its holdings in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after purchasing an additional 47 shares in the last quarter. Finally, Relyea Zuckerberg Hanson LLC grew its position in shares of T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock valued at $284,000 after purchasing an additional 48 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

T-Mobile US Trading Up 1.1 %

Shares of NASDAQ TMUS traded up $2.90 during mid-day trading on Thursday, reaching $262.25. 1,675,821 shares of the company's stock were exchanged, compared to its average volume of 4,224,677. The firm has a market capitalization of $298.09 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 52-week low of $160.62 and a 52-week high of $276.49. The company's 50-day moving average is $261.14 and its 200-day moving average is $240.05. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly 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 net margin of 13.93% and a return on equity of 18.09%. Analysts expect that T-Mobile US, Inc. will post 10.37 EPS 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 given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, March 5th. JPMorgan Chase & Co. lifted 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. Tigress Financial reiterated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Scotiabank raised their price objective on T-Mobile US from $247.00 to $275.00 and gave the company a "sector perform" rating in a report on Monday, March 3rd. Finally, Oppenheimer upped their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $256.80.

Insiders Place Their Bets

In related news, Director Srikant M. Datar sold 730 shares of the business'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 sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.67% of the stock is owned by insiders.

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.