Jackson Square Capital LLC Has $4.96 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Jackson Square Capital LLC decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 26.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,455 shares of the Wireless communications provider's stock after selling 8,211 shares during the period. T-Mobile US comprises 1.2% of Jackson Square Capital LLC's portfolio, making the stock its 22nd largest holding. Jackson Square Capital LLC's holdings in T-Mobile US were worth $4,956,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Barclays PLC raised its position in T-Mobile US by 38.3% in the third 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 in the last quarter. International Assets Investment Management LLC grew its stake in shares of T-Mobile US by 21,580.9% during the 3rd 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 period. Swedbank AB increased its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Passumpsic Savings Bank acquired a new stake in shares of T-Mobile US in the third quarter valued at about $2,634,000. Finally, Nordea Investment Management AB boosted its holdings 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 buying an additional 397,345 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

TMUS has been the subject of a number of research analyst reports. Citigroup increased their target price on shares of T-Mobile US from $210.00 to $254.00 and gave the company a "buy" rating in a report on Monday, October 21st. Evercore ISI raised their price objective 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. Scotiabank lifted their price objective on T-Mobile US from $236.00 to $237.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. Morgan Stanley initiated coverage on T-Mobile US in a report on Monday, December 16th. They issued an "overweight" rating and a $280.00 target price on the stock. Finally, KeyCorp downgraded T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target for the company. in a research note on Thursday, December 12th. Seven equities research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $245.74.

Insiders Place Their Bets

In other news, Director Raul Marcelo Claure sold 110,000 shares of the stock in a transaction on Monday, November 4th. The stock was 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 approximately $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Andre Almeida bought 3,808 shares of the company's stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now 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. Insiders sold 164,200 shares of company stock worth $37,407,303 over the last three months. 0.67% of the stock is owned by insiders.

T-Mobile US Trading Up 1.5 %

Shares of NASDAQ TMUS traded up $3.22 on Friday, reaching $218.97. 4,224,613 shares of the company traded hands, compared to its average volume of 3,337,652. The company has a 50 day moving average of $228.93 and a 200 day moving average of $210.47. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The stock has a market capitalization of $254.11 billion, a PE ratio of 24.97, a P/E/G ratio of 1.05 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, topping analysts' consensus estimates of $2.32 by $0.29. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. The company had revenue of $20.16 billion for the quarter, compared to the consensus estimate of $20.01 billion. During the same quarter last year, the firm posted $1.82 earnings per share. T-Mobile US's revenue was up 4.7% on a year-over-year basis. On average, equities research analysts forecast that T-Mobile US, Inc. will post 9.31 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company 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 dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.61%. The ex-dividend date is Friday, February 28th. T-Mobile US's dividend payout ratio (DPR) is presently 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.