Mitsubishi UFJ Trust & Banking Corp Has $88.14 Million Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Mitsubishi UFJ Trust & Banking Corp lowered its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 16.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 399,298 shares of the Wireless communications provider’s stock after selling 76,079 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in T-Mobile US were worth $88,137,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Wellington Management Group LLP raised its stake in shares of T-Mobile US by 4.0% during the third 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 acquiring an additional 602,786 shares during the last quarter. FMR LLC lifted its holdings in 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 worth $2,660,758,000 after buying an additional 1,522,394 shares during the period. Franklin Resources Inc. grew its position in shares of T-Mobile US by 9.9% in the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock valued at $1,448,426,000 after buying an additional 590,711 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of T-Mobile US by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock worth $712,966,000 after acquiring an additional 85,012 shares during the last quarter. Finally, Barclays PLC lifted its stake in shares of T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after acquiring an additional 876,182 shares during the period. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $258.96 on Tuesday. The company has a market capitalization of $295.67 billion, a PE ratio of 26.78, a PEG ratio of 1.55 and a beta of 0.64. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock’s 50 day moving average price is $249.10 and its 200-day moving average price is $231.22. T-Mobile US, Inc. has a twelve month low of $159.14 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping 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%. On average, equities analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.67% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. UBS Group lowered shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday. HSBC downgraded T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a research note on Wednesday, March 5th. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a report on Thursday, December 12th. Hsbc Global Res cut T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Wednesday, March 5th. Finally, Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $255.80.

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.