Vanguard Group Inc. Has $9.27 Billion Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Vanguard Group Inc. decreased its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,975,940 shares of the Wireless communications provider's stock after selling 74,888 shares during the period. Vanguard Group Inc. owned 3.68% of T-Mobile US worth $9,265,349,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Principal Financial Group Inc. raised its stake in shares of T-Mobile US by 2.5% during the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after buying an additional 47,350 shares during the last quarter. Quest Partners LLC bought a new position in shares of T-Mobile US in the 3rd quarter worth $643,000. First Horizon Advisors Inc. boosted its position in shares of T-Mobile US by 8.9% in the 3rd quarter. First Horizon Advisors Inc. now owns 1,219 shares of the Wireless communications provider's stock worth $252,000 after purchasing an additional 100 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its holdings in T-Mobile US by 88.7% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 108,254 shares of the Wireless communications provider's stock valued at $22,339,000 after purchasing an additional 50,882 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its stake in T-Mobile US by 10.4% in the third quarter. Pacer Advisors Inc. now owns 119,739 shares of the Wireless communications provider's stock valued at $24,709,000 after buying an additional 11,231 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

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Analyst Upgrades and Downgrades

A number of brokerages have recently commented on TMUS. Benchmark reaffirmed a "buy" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Bank of America increased their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday. Sanford C. Bernstein started coverage on T-Mobile US in a report on Tuesday, December 10th. They set a "market perform" rating and a $265.00 target price on the stock. Finally, Barclays boosted their target price on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Eleven research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of "Moderate Buy" and an average target price of $255.80.

T-Mobile US Stock Down 0.1 %

TMUS traded down $0.21 on Tuesday, hitting $258.75. 2,956,384 shares of the company were exchanged, compared to its average volume of 3,978,143. The stock's fifty day moving average is $249.10 and its 200-day moving average is $231.22. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month high of $276.49. 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 company has a market cap of $295.43 billion, a PE ratio of 26.76, a PEG ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating 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%. Equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is presently 36.40%.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.67% of the stock is owned by company insiders.

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.