Achmea Investment Management B.V. Increases Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Achmea Investment Management B.V. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 15.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 168,520 shares of the Wireless communications provider’s stock after buying an additional 22,323 shares during the quarter. Achmea Investment Management B.V.’s holdings in T-Mobile US were worth $37,197,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of TMUS. Principal Financial Group Inc. boosted its stake in shares of T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after purchasing an additional 47,350 shares during the period. Atria Investments Inc boosted its stake in shares of T-Mobile US by 4.3% in the third quarter. Atria Investments Inc now owns 23,675 shares of the Wireless communications provider’s stock valued at $4,886,000 after purchasing an additional 982 shares during the period. Los Angeles Capital Management LLC boosted its stake in shares of T-Mobile US by 155.1% in the third quarter. Los Angeles Capital Management LLC now owns 11,093 shares of the Wireless communications provider’s stock valued at $2,289,000 after purchasing an additional 6,745 shares during the period. Venturi Wealth Management LLC boosted its stake in shares of T-Mobile US by 14.7% in the third quarter. Venturi Wealth Management LLC now owns 704 shares of the Wireless communications provider’s stock valued at $145,000 after purchasing an additional 90 shares during the period. Finally, Versor Investments LP purchased a new position in shares of T-Mobile US in the third quarter valued at approximately $702,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Hsbc Global Res lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Scotiabank raised their target price on shares of T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a report on Monday, March 3rd. Finally, Bank of America raised their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. Nine investment analysts have rated the stock with a hold rating, thirteen have issued 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 $254.10.

Insider Activity at T-Mobile US

In related news, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. This trade represents a 16.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The shares were 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 disclosure for this sale can be found here. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $255.61 on Thursday. The firm’s fifty day simple moving average is $242.14 and its 200-day simple moving average is $227.74. The stock has a market capitalization of $291.84 billion, a price-to-earnings ratio of 26.43, a PEG ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. T-Mobile US’s payout ratio is 36.40%.

T-Mobile US Profile

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.