Czech National Bank increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.9% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 105,679 shares of the Wireless communications provider's stock after acquiring an additional 5,851 shares during the period. Czech National Bank's holdings in T-Mobile US were worth $23,327,000 as of its most recent filing with the SEC.
Several other large investors have also recently bought and sold shares of the stock. FMR LLC raised its holdings in shares of T-Mobile US by 13.4% in the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider's stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC increased its holdings in shares of 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 last quarter. Wellington Management Group LLP raised its stake in T-Mobile US by 4.0% in the 3rd 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 acquiring an additional 602,786 shares during the period. Franklin Resources Inc. lifted its holdings in T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after purchasing an additional 590,711 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in T-Mobile US by 36.9% during the fourth quarter. Nordea Investment Management AB now owns 1,473,540 shares of the Wireless communications provider's stock worth $324,960,000 after purchasing an additional 397,345 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
TMUS has been the subject of a number of research reports. Morgan Stanley started coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an "overweight" rating and a $280.00 target price for the company. Barclays boosted their price objective on T-Mobile US from $215.00 to $230.00 and gave the stock an "overweight" rating in a report on Thursday, October 24th. Scotiabank increased their target price on T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a research note on Thursday, October 24th. Evercore ISI boosted their price target on T-Mobile US from $220.00 to $240.00 and gave the company an "outperform" rating in a research note on Thursday, October 24th. Finally, Oppenheimer increased their price objective on T-Mobile US from $215.00 to $250.00 and gave the stock an "outperform" rating in a research report on Thursday, October 24th. Seven investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $245.74.
Read Our Latest Analysis on T-Mobile US
T-Mobile US Price Performance
NASDAQ:TMUS traded up $2.16 during trading hours on Monday, hitting $213.46. The company's stock had a trading volume of 3,644,991 shares, compared to its average volume of 3,908,313. T-Mobile US, Inc. has a twelve month low of $158.84 and a twelve month high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The stock has a fifty day simple moving average of $230.19 and a 200-day simple moving average of $209.64. The company has a market capitalization of $247.72 billion, a P/E ratio of 24.34, a PEG ratio of 1.18 and a beta of 0.56.
T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share for the quarter, beating analysts' consensus estimates of $2.32 by $0.29. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The firm's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company posted $1.82 EPS. On average, analysts anticipate that T-Mobile US, Inc. will post 9.38 EPS for the current fiscal year.
T-Mobile US Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.88 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a dividend yield of 1.65%. T-Mobile US's dividend payout ratio (DPR) is presently 40.14%.
Insider Activity
In other T-Mobile US news, Director Andre Almeida purchased 3,808 shares of the firm's stock in a transaction on Monday, December 9th. The stock was purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now owns 3,808 shares in the company, valued at $897,621.76. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Mark Wolfe Nelson sold 42,769 shares of T-Mobile US stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of $216.26, for a total transaction of $9,249,223.94. Following the transaction, the executive vice president now owns 61,871 shares in the company, valued at approximately $13,380,222.46. This trade represents a 40.87 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 206,969 shares of company stock worth $46,656,527. Insiders own 0.67% of the company's stock.
T-Mobile US Company Profile
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Free Report)
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.
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