Swedbank AB Has $59.85 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Swedbank AB increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 271,149 shares of the Wireless communications provider's stock after buying an additional 16,105 shares during the quarter. Swedbank AB's holdings in T-Mobile US were worth $59,851,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in TMUS. DT Investment Partners LLC grew its stake in T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC boosted its position in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after buying an additional 56 shares during the last quarter. MFA Wealth Advisors LLC increased its holdings in T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 77 shares during the period. Legacy Investment Solutions LLC purchased a new position in T-Mobile US during the 3rd quarter worth approximately $34,000. Finally, Planning Capital Management Corp lifted its position in T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider's stock valued at $36,000 after purchasing an additional 101 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on TMUS shares. KeyCorp lowered T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target on the stock. in a research note on Thursday, December 12th. BNP Paribas raised T-Mobile US to a "strong-buy" rating in a research note on Friday, October 25th. Scotiabank lifted their price target on shares of T-Mobile US from $234.00 to $247.00 and gave the company a "sector perform" rating in a research report on Thursday. Daiwa America upgraded shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. Finally, Barclays lifted their target price on T-Mobile US from $215.00 to $230.00 and gave the company an "overweight" rating in a research report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of "Moderate Buy" and a consensus target price of $248.89.

Insider Transactions at T-Mobile US

In other news, Director Andre Almeida acquired 3,808 shares of the stock in a transaction dated Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the transaction, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Raul Marcelo Claure sold 110,000 shares of the company's stock in a transaction on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares of the company's stock, valued at $323,262,057.20. The trade was a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 144,200 shares of company stock worth $32,736,303 over the last three months. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Up 0.0 %

Shares of TMUS stock traded up $0.11 on Thursday, reaching $235.26. 1,833,960 shares of the company's stock traded hands, compared to its average volume of 3,895,638. The business's 50 day moving average price is $226.37 and its two-hundred day moving average price is $212.82. The company has a debt-to-equity ratio of 1.23, a quick ratio of 0.99 and a current ratio of 1.08. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15. The company has a market capitalization of $273.01 billion, a P/E ratio of 26.86, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. On average, equities analysts forecast that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio is currently 40.14%.

T-Mobile US 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.