Fjarde AP Fonden Fourth Swedish National Pension Fund Raises Position in T-Mobile US, Inc. $TMUS

Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 7.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 189,954 shares of the Wireless communications provider’s stock after buying an additional 13,900 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in T-Mobile US were worth $45,258,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. Activest Wealth Management boosted its position in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares during the period. Missouri Trust & Investment Co boosted its position in T-Mobile US by 807.7% in the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 105 shares during the period. Stone House Investment Management LLC purchased a new position in T-Mobile US in the 1st quarter valued at approximately $29,000. TCTC Holdings LLC boosted its position in T-Mobile US by 208.1% in the 1st quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after buying an additional 77 shares during the period. Finally, N.E.W. Advisory Services LLC purchased a new position in T-Mobile US in the 1st quarter valued at approximately $47,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $220.68 on Tuesday. The company’s fifty day moving average price is $238.61 and its 200 day moving average price is $240.28. T-Mobile US, Inc. has a 12 month low of $208.39 and a 12 month high of $276.49. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The firm has a market capitalization of $248.36 billion, a P/E ratio of 21.22, a P/E/G ratio of 1.48 and a beta of 0.59.

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

T-Mobile US Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Wednesday, November 26th will be paid a dividend of $1.02 per share. The ex-dividend date is Wednesday, November 26th. This represents a $4.08 annualized dividend and a yield of 1.8%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.88. T-Mobile US’s dividend payout ratio (DPR) is 39.23%.

Analyst Ratings Changes

TMUS has been the subject of several recent research reports. HSBC raised shares of T-Mobile US from a “hold” rating to a “buy” rating and set a $285.00 price target for the company in a research report on Friday. Morgan Stanley decreased their price objective on shares of T-Mobile US from $285.00 to $280.00 and set an “overweight” rating for the company in a research report on Friday. JPMorgan Chase & Co. lifted their price objective on shares of T-Mobile US from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Tuesday, September 30th. Cowen reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $268.22.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 856 shares of T-Mobile US stock in a transaction on Friday, October 24th. The shares were sold at an average price of $220.03, for a total transaction of $188,345.68. Following the sale, the director directly owned 582,185,182 shares in the company, valued at $128,098,205,595.46. This trade represents a 0.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last quarter, insiders have sold 2,343,114 shares of company stock worth $564,035,506. 0.37% of the stock is owned by company insiders.

T-Mobile US Company 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.