Capital International Investors Raises Holdings in T-Mobile US, Inc. $TMUS

Capital International Investors boosted its position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 8.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 14,847,697 shares of the Wireless communications provider’s stock after purchasing an additional 1,121,409 shares during the period. Capital International Investors’ holdings in T-Mobile US were worth $3,014,754,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Los Angeles Capital Management LLC boosted its position in T-Mobile US by 32.7% in the fourth quarter. Los Angeles Capital Management LLC now owns 296,083 shares of the Wireless communications provider’s stock valued at $62,370,000 after buying an additional 72,922 shares during the last quarter. Cookson Peirce & Co. Inc. purchased a new stake in T-Mobile US in the fourth quarter valued at approximately $1,368,000. MCF Advisors LLC boosted its position in T-Mobile US by 78.2% in the fourth quarter. MCF Advisors LLC now owns 670 shares of the Wireless communications provider’s stock valued at $136,000 after buying an additional 294 shares during the last quarter. OneAscent Family Office LLC boosted its position in T-Mobile US by 49.6% in the fourth quarter. OneAscent Family Office LLC now owns 2,069 shares of the Wireless communications provider’s stock valued at $420,000 after buying an additional 686 shares during the last quarter. Finally, Pinebridge Investments LLC purchased a new stake in T-Mobile US in the fourth quarter valued at approximately $22,018,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Key Headlines Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Insider Buying and Selling at T-Mobile US

In related news, insider Andre Almeida bought 5,097 shares of the stock in a transaction on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, for a total transaction of $999,929.46. Following the purchase, the insider owned 44,850 shares of the company’s stock, valued at $8,798,673. This trade represents a 12.82% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Jon Freier sold 4,799 shares of T-Mobile US stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer owned 217,168 shares in the company, valued at $41,261,920. This trade represents a 2.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.32% of the company’s stock.

Analyst Ratings Changes

Several research firms have commented on TMUS. Freedom Capital upgraded T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Moffett Nathanson upgraded T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective on the stock in a research report on Wednesday, April 8th. Wolfe Research restated an “outperform” rating and issued a $255.00 price objective on shares of T-Mobile US in a research report on Thursday, February 12th. UBS Group restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on T-Mobile US from $300.00 to $285.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $260.48.

Check Out Our Latest Stock Analysis on TMUS

T-Mobile US Stock Performance

NASDAQ TMUS opened at $178.10 on Friday. The stock has a market cap of $192.74 billion, a PE ratio of 18.95, a P/E/G ratio of 1.04 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The stock has a fifty day simple moving average of $193.65 and a 200-day simple moving average of $200.69.

T-Mobile US (NASDAQ:TMUSGet Free Report) last announced its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. The company had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.T-Mobile US’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same period last year, the business posted $2.58 EPS. Equities analysts anticipate that T-Mobile US, Inc. will post 10.65 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is 43.40%.

T-Mobile US Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

See Also

Want to see what other hedge funds are holding TMUS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for T-Mobile US, Inc. (NASDAQ:TMUSFree Report).

Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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