Healthcare of Ontario Pension Plan Trust Fund Has $77.47 Million Stock Holdings in T-Mobile US, Inc. $TMUS

Healthcare of Ontario Pension Plan Trust Fund cut its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 1.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 381,544 shares of the Wireless communications provider’s stock after selling 4,107 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in T-Mobile US were worth $77,469,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JDM Financial Group LLC boosted its position in T-Mobile US by 114.0% during the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 65 shares during the period. Swiss RE Ltd. acquired a new stake in T-Mobile US during the 4th quarter worth approximately $29,000. Turning Point Benefit Group Inc. boosted its position in T-Mobile US by 3,825.0% during the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock worth $32,000 after buying an additional 153 shares during the period. Acumen Wealth Advisors LLC acquired a new stake in T-Mobile US during the 4th quarter worth approximately $36,000. Finally, United Community Bank boosted its position in T-Mobile US by 78.8% during the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock worth $38,000 after buying an additional 82 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $189.10 on Monday. The company has a market capitalization of $204.64 billion, a P/E ratio of 20.12, a price-to-earnings-growth ratio of 1.10 and a beta of 0.31. T-Mobile US, Inc. has a 52-week low of $174.02 and a 52-week high of $261.56. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The company’s 50 day moving average price is $191.00 and its 200-day moving average price is $199.64.

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

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Stockholders of record on Friday, May 29th were given a $1.02 dividend. The ex-dividend date was Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s payout ratio is 43.40%.

Insider Activity at T-Mobile US

In related news, insider Andre Almeida bought 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 5,000 shares of the business’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the transaction, the insider owned 181,930 shares in the company, valued at $35,623,713.30. The trade was a 2.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.32% of the stock is owned by corporate insiders.

Key Stories Impacting T-Mobile US

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

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the stock. Scotiabank cut their target price on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a research report on Wednesday, April 29th. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Deutsche Bank Aktiengesellschaft cut their target price on shares of 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. UBS Group restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Finally, DZ Bank restated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $260.48.

Get Our Latest Research Report on TMUS

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.

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

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