National Pension Service Buys 39,468 Shares of T-Mobile US, Inc. $TMUS

National Pension Service increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,205,722 shares of the Wireless communications provider’s stock after acquiring an additional 39,468 shares during the period. National Pension Service’s holdings in T-Mobile US were worth $288,626,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of TMUS. Howard Hughes Medical Institute bought a new position in T-Mobile US in the second quarter valued at about $25,000. Elevation Wealth Partners LLC lifted its position in T-Mobile US by 190.0% during the 3rd quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 76 shares during the period. Aspect Partners LLC boosted its stake in shares of T-Mobile US by 112.1% in the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after purchasing an additional 65 shares during the last quarter. CoreFirst Bank & Trust acquired a new stake in shares of T-Mobile US during the 2nd quarter worth approximately $31,000. Finally, Kilter Group LLC bought a new stake in shares of T-Mobile US during the second quarter worth approximately $34,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Trading Up 4.2%

NASDAQ TMUS opened at $197.21 on Friday. T-Mobile US, Inc. has a one year low of $181.36 and a one year 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 cap of $220.58 billion, a P/E ratio of 18.96, a P/E/G ratio of 1.05 and a beta of 0.45. The stock’s 50-day moving average is $197.76 and its 200-day moving average is $221.05.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Stockholders of record on Friday, February 27th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Friday, February 27th. T-Mobile US’s dividend payout ratio is 39.23%.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Michael J. Katz sold 2,500 shares of T-Mobile US stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $215.91, for a total value of $539,775.00. Following the sale, the insider owned 156,203 shares of the company’s stock, valued at $33,725,789.73. This trade represents a 1.58% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director G Michael Sievert sold 22,500 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $216.97, for a total value of $4,881,825.00. Following the transaction, the director directly owned 308,696 shares of the company’s stock, valued at $66,977,771.12. This represents a 6.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 51,457 shares of company stock worth $11,149,636 over the last three months. 0.37% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TMUS. Zacks Research raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 26th. Wolfe Research reduced their price target on T-Mobile US from $290.00 to $253.00 and set an “outperform” rating on the stock in a research report on Monday, December 15th. Tigress Financial upped their price objective on T-Mobile US from $305.00 to $310.00 and gave the company a “buy” rating in a report on Tuesday, November 11th. Sanford C. Bernstein cut their target price on T-Mobile US from $265.00 to $245.00 and set a “market perform” rating on the stock in a research note on Thursday, January 15th. Finally, Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, November 21st. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $255.58.

T-Mobile US Company Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.