T-Mobile US, Inc. (NASDAQ:TMUS) Shares Sold by National Pension Service

National Pension Service reduced its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,159,434 shares of the Wireless communications provider’s stock after selling 72,317 shares during the quarter. National Pension Service owned about 0.10% of T-Mobile US worth $255,922,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of TMUS. Barclays PLC increased its position 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 valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC purchased a new position in T-Mobile US during the 4th quarter valued at about $1,552,000. Trust Co. of Vermont raised its position in T-Mobile US by 11.9% during the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after acquiring an additional 2,865 shares during the last quarter. Swedbank AB lifted its holdings in shares of T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Finally, Rice Partnership LLC purchased a new stake in shares of T-Mobile US in the fourth quarter valued at about $7,678,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Andre Almeida purchased 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were purchased at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the completion of the purchase, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Srikant M. Datar sold 1,000 shares of the stock in a transaction dated Friday, November 29th. The stock was sold at an average price of $246.00, for a total transaction of $246,000.00. Following the completion of the transaction, the director now directly owns 4,021 shares of the company’s stock, valued at $989,166. This trade represents a 19.92 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on TMUS shares. KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a report on Thursday, December 12th. Wells Fargo & Company upped their target price on T-Mobile US from $220.00 to $235.00 and gave the company an “equal weight” rating in a research report on Thursday, January 30th. Barclays raised their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Monday, February 3rd. Sanford C. Bernstein began coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective on the stock. Finally, JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and a consensus target price of $251.79.

T-Mobile US Stock Up 0.9 %

TMUS stock opened at $270.54 on Wednesday. The company has a 50 day moving average of $232.75 and a two-hundred day moving average of $222.70. The company has a market cap of $308.89 billion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.55 and a beta of 0.56. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $273.40. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data 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 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 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

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.