T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by American Century Companies Inc.

American Century Companies Inc. increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 361,889 shares of the Wireless communications provider's stock after purchasing an additional 18,497 shares during the period. American Century Companies Inc.'s holdings in T-Mobile US were worth $79,880,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Wellington Management Group LLP grew its holdings in shares of T-Mobile US by 4.0% during the third quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider's stock valued at $3,203,642,000 after buying an additional 602,786 shares during the last quarter. FMR LLC raised its stake in shares of T-Mobile US by 13.4% in the third 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 during the last quarter. Franklin Resources Inc. lifted its holdings in shares of T-Mobile US by 9.9% during the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock worth $1,448,426,000 after purchasing an additional 590,711 shares during the period. Charles Schwab Investment Management Inc. boosted its position in T-Mobile US by 2.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider's stock valued at $712,966,000 after buying an additional 85,012 shares during the last quarter. Finally, Barclays PLC increased its holdings in 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 worth $653,160,000 after buying an additional 876,182 shares during the period. Hedge funds and other institutional investors own 42.49% of the company's stock.

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Insiders Place Their Bets

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

Analysts Set New Price Targets

A number of research firms recently issued reports on TMUS. Barclays boosted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Tigress Financial restated a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. HSBC lowered T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a research note on Wednesday, March 5th. Finally, Morgan Stanley initiated coverage on T-Mobile US in a research report on Monday, December 16th. They set an "overweight" rating and a $280.00 price target on the stock. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Trading Up 1.6 %

Shares of TMUS traded up $4.26 during midday trading on Thursday, reaching $266.77. The company had a trading volume of 893,151 shares, compared to its average volume of 3,962,393. T-Mobile US, Inc. has a 1-year low of $159.14 and a 1-year high of $276.49. 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 firm has a 50 day simple moving average of $250.95 and a 200-day simple moving average of $231.90. The stock has a market cap of $304.58 billion, a PE ratio of 27.62, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released 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%. Research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.32%. T-Mobile US's payout ratio is 36.40%.

About T-Mobile US

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.