T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Voya Investment Management LLC

Voya Investment Management LLC grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 257.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 656,851 shares of the Wireless communications provider's stock after purchasing an additional 473,212 shares during the quarter. Voya Investment Management LLC owned 0.06% of T-Mobile US worth $144,987,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in TMUS. Barclays PLC grew its position in shares of T-Mobile US by 38.3% during the third 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 in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in T-Mobile US in the fourth quarter valued at $1,552,000. Trust Co. of Vermont raised its stake in T-Mobile US by 11.9% in the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock valued at $5,954,000 after buying an additional 2,865 shares in the last quarter. Rice Partnership LLC purchased a new stake in T-Mobile US during the 4th quarter worth about $7,678,000. Finally, Exchange Traded Concepts LLC boosted its position in shares of T-Mobile US by 737.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock worth $12,476,000 after acquiring an additional 49,775 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on TMUS shares. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Barclays upped their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a report on Monday, February 3rd. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research note on Friday, March 21st. Citigroup downgraded shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a research note on Friday, March 14th. Finally, JPMorgan Chase & Co. lifted their target price on T-Mobile US from $265.00 to $270.00 and gave the stock an "overweight" rating in a research report on Tuesday, March 18th. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, T-Mobile US has a consensus rating of "Moderate Buy" and an average price target of $256.80.

T-Mobile US Stock Performance

NASDAQ TMUS traded down $29.41 during trading hours on Friday, hitting $232.77. 13,554,734 shares of the stock were exchanged, compared to its average volume of 4,251,776. 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 company has a market cap of $264.58 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 12-month low of $161.61 and a 12-month high of $276.49. The stock has a 50-day moving average of $260.36 and a 200 day moving average of $240.97.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business 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 dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. T-Mobile US's 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.