F m Investments LLC Makes New $1.60 Million Investment in T-Mobile US, Inc. $TMUS

F m Investments LLC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 6,734 shares of the Wireless communications provider’s stock, valued at approximately $1,604,000.

A number of other large investors also recently modified their holdings of the stock. Norges Bank purchased a new stake in T-Mobile US in the 2nd quarter valued at $1,477,780,000. Nuveen LLC purchased a new position in T-Mobile US during the 1st quarter worth $618,248,000. Assenagon Asset Management S.A. grew its stake in shares of T-Mobile US by 518.8% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,383,922 shares of the Wireless communications provider’s stock worth $329,733,000 after acquiring an additional 1,160,275 shares in the last quarter. Canada Pension Plan Investment Board raised its holdings in shares of T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after purchasing an additional 864,030 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its holdings in shares of T-Mobile US by 25.4% in the first quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock valued at $1,112,886,000 after purchasing an additional 844,932 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on TMUS. Moffett Nathanson boosted their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the stock a “neutral” rating in a report on Thursday, October 2nd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of T-Mobile US from $280.00 to $300.00 in a research report on Thursday, October 2nd. Cowen restated a “buy” rating on shares of T-Mobile US in a research note on Friday, October 24th. Hsbc Global Res raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 24th. Finally, HSBC upgraded T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price target on the stock in a report on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $266.83.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction dated Wednesday, October 29th. The shares were sold at an average price of $220.46, for a total transaction of $302,912.04. Following the completion of the transaction, the director owned 582,065,875 shares in the company, valued at $128,322,242,802.50. This trade represents a 0.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director G Michael Sievert sold 22,500 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the sale, the director directly owned 308,696 shares in the company, valued at approximately $66,977,771.12. This trade represents a 6.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,579,501 shares of company stock valued at $369,601,580 in the last three months. 0.37% of the stock is owned by company insiders.

T-Mobile US Trading Up 1.2%

NASDAQ:TMUS opened at $209.23 on Friday. T-Mobile US, Inc. has a 12 month low of $199.41 and a 12 month high of $276.49. The company has a current ratio of 0.89, a quick ratio of 0.80 and a debt-to-equity ratio of 1.37. The firm’s 50 day moving average is $220.29 and its 200 day moving average is $233.28. The stock has a market capitalization of $234.02 billion, a PE ratio of 20.12, a price-to-earnings-growth ratio of 1.51 and a beta of 0.57.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.01. T-Mobile US had a return on equity of 19.76% and a net margin of 13.83%.The firm had revenue of $21.96 billion for the quarter, compared to analyst estimates of $21.61 billion. During the same period in the previous year, the company posted $2.61 earnings per share. The business’s revenue was up 8.9% on a year-over-year basis. Sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 dividend on an annualized basis and a yield of 2.0%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is presently 39.23%.

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.