T-Mobile US, Inc. (NASDAQ:TMUS) Holdings Lifted by Principal Securities Inc.

Principal Securities Inc. boosted its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 21.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,175 shares of the Wireless communications provider's stock after acquiring an additional 2,181 shares during the quarter. Principal Securities Inc.'s holdings in T-Mobile US were worth $2,687,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Barclays PLC raised its position in shares of T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after purchasing an additional 876,182 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of T-Mobile US by 21,580.9% in the 3rd quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock valued at $51,586,000 after purchasing an additional 248,828 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new position in shares of T-Mobile US in the 4th quarter valued at approximately $1,552,000. Trust Co. of Vermont raised its position in shares of T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Finally, Swedbank AB raised its position in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction 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 completion of 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Andre Almeida purchased 3,808 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was acquired at an average cost of $235.72 per share, with a total value of $897,621.76. Following the purchase, the director now owns 3,808 shares of the company's stock, valued at approximately $897,621.76. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last quarter, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. JPMorgan Chase & Co. upped their target price on T-Mobile US from $250.00 to $265.00 and gave the company an "overweight" rating in a research report on Thursday, January 30th. Raymond James lowered T-Mobile US from an "outperform" rating to a "market perform" rating in a research report on Friday, October 25th. Wells Fargo & Company upped their target price on T-Mobile US from $220.00 to $235.00 and gave the company an "equal weight" rating in a research report on Thursday, January 30th. Scotiabank upped their price target on T-Mobile US from $234.00 to $247.00 and gave the company a "sector perform" rating in a research report on Thursday, January 30th. Finally, UBS Group upped their price target on T-Mobile US from $210.00 to $255.00 and gave the company a "buy" rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $251.79.

T-Mobile US Stock Performance

NASDAQ TMUS traded down $0.23 during trading hours on Friday, hitting $265.17. The company had a trading volume of 3,554,246 shares, compared to its average volume of 3,824,914. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $271.41. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The business has a fifty day simple moving average of $230.98 and a 200-day simple moving average of $221.21. The firm has a market cap of $302.76 billion, a P/E ratio of 27.42, a price-to-earnings-growth ratio of 1.53 and a beta of 0.56.

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 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 firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders 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 annualized dividend and a dividend yield of 1.33%. T-Mobile US's payout ratio is 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.