Lbp Am Sa Raises Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Lbp Am Sa lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 69,628 shares of the Wireless communications provider’s stock after purchasing an additional 4,198 shares during the quarter. Lbp Am Sa’s holdings in T-Mobile US were worth $15,369,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TMUS. Raymond James Financial Inc. bought a new stake in shares of T-Mobile US during the 4th quarter valued at $452,721,000. FMR LLC raised its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock valued at $2,660,758,000 after purchasing an additional 1,522,394 shares during the period. Barclays PLC raised its stake in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock valued at $653,160,000 after purchasing an additional 876,182 shares during the period. Proficio Capital Partners LLC raised its stake in shares of T-Mobile US by 31,353.2% during the 4th quarter. Proficio Capital Partners LLC now owns 635,040 shares of the Wireless communications provider’s stock valued at $140,172,000 after purchasing an additional 633,021 shares during the period. Finally, Wellington Management Group LLP raised its stake in shares of T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock valued at $3,203,642,000 after purchasing an additional 602,786 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 1.4 %

Shares of TMUS stock opened at $259.10 on Friday. The stock has a market capitalization of $295.83 billion, a PE ratio of 26.79, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49. The business has a 50-day moving average of $242.93 and a 200 day moving average of $227.96. 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 issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is currently 36.40%.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Morgan Stanley assumed coverage on T-Mobile US in a research note on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price on the stock. Oppenheimer upped their target price on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a research note on Friday, January 31st. HSBC lowered T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 target price on the stock. in a research note on Wednesday, March 5th. JPMorgan Chase & Co. upped their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company restated an “equal weight” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Nine 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. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and an average price target of $254.10.

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.