TD Waterhouse Canada Inc. Has $19.02 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

TD Waterhouse Canada Inc. boosted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 63.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,148 shares of the Wireless communications provider's stock after purchasing an additional 33,516 shares during the period. TD Waterhouse Canada Inc.'s holdings in T-Mobile US were worth $19,015,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of TMUS. Rakuten Securities Inc. increased its holdings in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after purchasing an additional 62 shares in the last quarter. CoreFirst Bank & Trust bought a new position in T-Mobile US in the 4th quarter valued at $28,000. Financial Life Planners acquired a new stake in shares of T-Mobile US in the 4th quarter valued at $29,000. Bruce G. Allen Investments LLC raised its position in shares of T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after acquiring an additional 73 shares during the last quarter. Finally, Albion Financial Group UT bought a new position in T-Mobile US in the fourth quarter valued at about $39,000. Institutional investors own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS traded down $29.41 during mid-day trading on Friday, reaching $232.77. The company's stock had a trading volume of 13,554,734 shares, compared to its average volume of 4,272,839. 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 stock has a market cap of $264.58 billion, a P/E ratio of 24.07, a PEG ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 1-year low of $160.62 and a 1-year high of $276.49. The business has a 50-day simple moving average of $260.96 and a two-hundred day simple moving average of $240.42.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. The company had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on TMUS shares. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. Royal Bank of Canada lifted their target price on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Finally, Scotiabank increased their target price on T-Mobile US from $247.00 to $275.00 and gave the company a "sector perform" rating in a research note on Monday, March 3rd. Eleven analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat, T-Mobile US currently has an average rating of "Moderate Buy" and a consensus price target of $256.80.

About T-Mobile US

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.