T-Mobile US, Inc. $TMUS Shares Bought by Swedbank AB

Swedbank AB raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 0.9% in the fourth quarter, Holdings Channel reports. The fund owned 289,463 shares of the Wireless communications provider’s stock after buying an additional 2,707 shares during the period. Swedbank AB’s holdings in T-Mobile US were worth $58,773,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. United Community Bank raised its holdings in T-Mobile US by 131.1% in the 3rd quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 59 shares during the last quarter. JDM Financial Group LLC raised its holdings in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 65 shares during the last quarter. Turning Point Benefit Group Inc. raised its holdings in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Cloud Capital Management LLC acquired a new stake in T-Mobile US in the 3rd quarter valued at about $38,000. Finally, Ares Financial Consulting LLC acquired a new stake in T-Mobile US in the 4th quarter valued at about $38,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Activity

In related news, insider Andre Almeida bought 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $196.18 per share, for a total transaction of $999,929.46. Following the acquisition, the insider owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This trade represents a 12.82% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director G Michael Sievert sold 1,089 shares of T-Mobile US stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $221.85, for a total transaction of $241,594.65. Following the completion of the sale, the director owned 125,696 shares of the company’s stock, valued at $27,885,657.60. This trade represents a 0.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 25,620 shares of company stock worth $5,527,602. 0.37% of the stock is owned by company insiders.

T-Mobile US Stock Up 0.3%

TMUS stock opened at $191.47 on Friday. The firm has a market cap of $207.21 billion, a PE ratio of 20.37, a PEG ratio of 1.11 and a beta of 0.33. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. The firm’s 50 day moving average price is $198.67 and its 200-day moving average price is $202.24. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $261.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, beating the consensus estimate of $2.01 by $0.26. The firm had revenue of $23.11 billion for the quarter, compared to analyst estimates of $22.98 billion. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.58 EPS. On average, equities research analysts anticipate that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Stockholders of record on Friday, May 29th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s payout ratio is presently 43.40%.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Arete Research lifted their price target on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Morgan Stanley assumed coverage on T-Mobile US in a report on Thursday, April 16th. They set an “overweight” rating and a $260.00 price target on the stock. Scotiabank reduced their price target on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating on the stock in a report on Wednesday, April 29th. DZ Bank reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada reduced their price target on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus price target of $260.48.

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.