TD Asset Management Inc. Has $514.08 Million Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

TD Asset Management Inc. boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 0.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,328,979 shares of the Wireless communications provider's stock after acquiring an additional 2,289 shares during the period. TD Asset Management Inc. owned about 0.20% of T-Mobile US worth $514,076,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wellington Management Group LLP increased its stake in shares of T-Mobile US by 4.0% in the third 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 purchasing an additional 602,786 shares during the period. FMR LLC grew its holdings in 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 worth $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. grew its holdings in T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock worth $1,448,426,000 after buying an additional 590,711 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in T-Mobile US by 2.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider's stock valued at $712,966,000 after acquiring an additional 85,012 shares during the period. Finally, Barclays PLC raised its stake 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 valued at $653,160,000 after acquiring an additional 876,182 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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T-Mobile US Stock Down 1.2 %

NASDAQ TMUS traded down $3.25 on Friday, reaching $265.03. The stock had a trading volume of 1,127,634 shares, compared to its average volume of 4,158,995. T-Mobile US, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49. The business has a 50 day moving average price of $252.00 and a 200 day moving average price of $232.15. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market capitalization of $302.60 billion, a price-to-earnings ratio of 27.39, a P/E/G ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.33%. T-Mobile US's dividend payout ratio (DPR) is currently 36.40%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Benchmark restated a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a research report on Thursday. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. Finally, Barclays boosted their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, T-Mobile US currently has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.

Insiders Place Their Bets

In other news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.67% of the company's stock.

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.