Portfolio Design Labs LLC Grows Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Portfolio Design Labs LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 23.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 31,018 shares of the Wireless communications provider's stock after acquiring an additional 5,990 shares during the period. T-Mobile US makes up approximately 1.4% of Portfolio Design Labs LLC's holdings, making the stock its 13th biggest holding. Portfolio Design Labs LLC's holdings in T-Mobile US were worth $6,847,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barclays PLC lifted its position in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after acquiring an additional 876,182 shares during the period. International Assets Investment Management LLC raised its stake in shares of T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider's stock worth $51,586,000 after purchasing an additional 248,828 shares during the last quarter. Trust Co. of Vermont lifted its holdings in shares of T-Mobile US by 11.9% during the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock worth $5,954,000 after purchasing an additional 2,865 shares during the period. Swedbank AB boosted its position in T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after buying an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC acquired a new position in T-Mobile US in the 4th quarter worth approximately $7,678,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price objective on the stock. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a research report on Friday, October 25th. Benchmark reissued a "buy" rating and issued a $255.00 price objective on shares of T-Mobile US in a report on Tuesday, January 28th. The Goldman Sachs Group upped their target price on T-Mobile US from $220.00 to $250.00 and gave the stock a "buy" rating in a research note on Thursday, October 24th. Finally, UBS Group lifted 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 equities research 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 company. According to MarketBeat, T-Mobile US presently has a consensus rating of "Moderate Buy" and an average price target of $251.79.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Letitia A. Long sold 1,100 shares of the business's stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares of the company's stock, valued at approximately $1,306,295.24. The trade was a 16.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Andre Almeida purchased 3,808 shares of the business's stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now directly owns 3,808 shares of the company's stock, valued at $897,621.76. This represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last 90 days, insiders have sold 3,100 shares of company stock worth $747,378. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Stock Down 1.3 %

Shares of TMUS stock traded down $3.42 during trading hours on Wednesday, reaching $255.28. 3,219,067 shares of the stock were exchanged, compared to its average volume of 3,833,365. The business's fifty day moving average is $226.45 and its two-hundred day moving average is $217.12. The firm has a market capitalization of $291.46 billion, a P/E ratio of 26.40, a P/E/G ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $259.59. 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 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 return on equity of 18.09% and a net margin of 13.93%. As a group, research 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 disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.38%. The ex-dividend date is Friday, May 30th. 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.