T-Mobile US, Inc. (NASDAQ:TMUS) Stake Lowered by Unigestion Holding SA

Unigestion Holding SA lessened its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 11.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 134,508 shares of the Wireless communications provider's stock after selling 17,964 shares during the period. T-Mobile US comprises 1.7% of Unigestion Holding SA's portfolio, making the stock its 17th largest holding. Unigestion Holding SA's holdings in T-Mobile US were worth $29,690,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of TMUS. Ilmarinen Mutual Pension Insurance Co lifted its stake in shares of T-Mobile US by 7.6% during the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 120,847 shares of the Wireless communications provider's stock worth $26,675,000 after purchasing an additional 8,500 shares during the period. Envestnet Asset Management Inc. boosted its stake in T-Mobile US by 1.2% in the 4th quarter. Envestnet Asset Management Inc. now owns 1,073,800 shares of the Wireless communications provider's stock worth $237,020,000 after buying an additional 12,862 shares during the last quarter. Dynamic Technology Lab Private Ltd purchased a new stake in T-Mobile US in the 4th quarter valued at about $784,000. Aviva PLC increased its stake in shares of T-Mobile US by 31.9% during the 4th quarter. Aviva PLC now owns 423,824 shares of the Wireless communications provider's stock valued at $93,551,000 after acquiring an additional 102,413 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. purchased a new position in shares of T-Mobile US during the 4th quarter worth about $43,068,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

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T-Mobile US Stock Up 1.0 %

Shares of T-Mobile US stock traded up $2.47 on Friday, hitting $258.59. 1,567,814 shares of the company's stock traded hands, compared to its average volume of 4,232,960. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The firm's 50-day moving average is $259.85 and its 200 day moving average is $236.89. The stock has a market cap of $295.24 billion, a P/E ratio of 26.71, a PEG ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 52-week low of $159.14 and a 52-week high of $276.49.

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 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%. Equities analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio is presently 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the firm's 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 directly owns 3,291 shares in the company, valued at $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 is available through this hyperlink. Insiders own 0.67% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages recently commented on TMUS. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a research report on Friday, March 14th. Scotiabank increased their target price on T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a research report on Monday, March 3rd. UBS Group downgraded T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Friday, March 21st. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Benchmark reiterated a "buy" rating and set a $275.00 target price on shares of T-Mobile US in a report on Thursday, March 27th. Eleven research 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. According to MarketBeat, the stock presently has a consensus 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.