T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Chevy Chase Trust Holdings LLC

Chevy Chase Trust Holdings LLC boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 18.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 313,090 shares of the Wireless communications provider's stock after purchasing an additional 49,250 shares during the period. Chevy Chase Trust Holdings LLC's holdings in T-Mobile US were worth $69,108,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in TMUS. DT Investment Partners LLC increased its stake in shares of T-Mobile US by 65.3% during the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider's stock worth $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC boosted its stake in shares of 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 in the last quarter. MFA Wealth Advisors LLC grew its holdings in T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider's stock worth $28,000 after acquiring an additional 77 shares during the period. Financial Life Planners purchased a new position in T-Mobile US in the fourth quarter worth $29,000. Finally, Legacy Investment Solutions LLC acquired a new stake in T-Mobile US in the third quarter valued at $34,000. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Trading Down 2.8 %

NASDAQ TMUS traded down $7.61 during mid-day trading on Tuesday, reaching $263.21. 3,877,684 shares of the stock were exchanged, compared to its average volume of 3,867,970. The business's fifty day simple moving average is $228.50 and its 200 day simple moving average is $219.52. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market capitalization of $300.52 billion, a PE ratio of 27.22, a PEG ratio of 1.44 and a beta of 0.56. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $271.41.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted 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 return on equity of 18.09% and a net margin of 13.93%. On average, research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend payout ratio is currently 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of the stock in a transaction on Friday, December 13th. The stock was 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. This trade represents 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 Srikant M. Datar sold 1,000 shares of the business's stock in a transaction dated Friday, November 29th. The shares were sold at an average price of $246.00, for a total value of $246,000.00. Following the sale, the director now directly owns 4,021 shares of the company's stock, valued at approximately $989,166. This trade represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 3,100 shares of company stock worth $747,378 in the last three months. Company insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of research analyst reports. Daiwa America upgraded shares of T-Mobile US to a "hold" rating in a report on Friday, October 25th. Royal Bank of Canada lifted their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the company a "sector perform" rating in a research report on Thursday, January 30th. Raymond James cut T-Mobile US from an "outperform" rating to a "market perform" rating in a report on Friday, October 25th. Citigroup lifted their price objective on T-Mobile US from $210.00 to $254.00 and gave the stock a "buy" rating in a report on Monday, October 21st. Finally, Bank of America upped their target price on T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and an average price target of $251.79.

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.