Motley Fool Asset Management LLC Purchases 26,969 Shares of T-Mobile US, Inc. $TMUS

Motley Fool Asset Management LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 34.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 104,652 shares of the Wireless communications provider’s stock after acquiring an additional 26,969 shares during the period. T-Mobile US makes up approximately 0.8% of Motley Fool Asset Management LLC’s holdings, making the stock its 23rd largest holding. Motley Fool Asset Management LLC’s holdings in T-Mobile US were worth $21,249,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of TMUS. Sei Investments Co. boosted its position in T-Mobile US by 6.3% during the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock valued at $33,972,000 after acquiring an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC boosted its position in shares of T-Mobile US by 315.7% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after purchasing an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC bought a new stake in shares of T-Mobile US in the 2nd quarter worth approximately $375,000. Raymond James Financial Inc. boosted its position in shares of T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after purchasing an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP boosted its position in shares of T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares in the last quarter. 42.49% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, COO Jon Freier sold 4,799 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer directly owned 217,168 shares in the company, valued at $41,261,920. The trade was a 2.16% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Andre Almeida acquired 5,097 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was purchased at an average price of $196.18 per share, with a total value of $999,929.46. Following the completion of the acquisition, the insider owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.32% of the stock is owned by company insiders.

Analyst Ratings Changes

TMUS has been the topic of a number of analyst reports. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. Wall Street Zen raised T-Mobile US from a “sell” rating to a “hold” rating in a research report on Saturday, May 2nd. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target on the stock in a research report on Wednesday, April 8th. Finally, Royal Bank Of Canada dropped their price target on T-Mobile US from $255.00 to $240.00 and set an “outperform” rating on the stock in a research 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $260.48.

T-Mobile US Price Performance

Shares of NASDAQ TMUS opened at $179.46 on Wednesday. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The firm has a market cap of $194.21 billion, a P/E ratio of 19.09, a PEG ratio of 1.04 and a beta of 0.31. The company has a 50 day moving average of $192.36 and a 200 day moving average of $200.11. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a net margin of 11.65% and a return on equity of 19.47%. The company had revenue of $23.11 billion during the quarter, compared to analyst estimates of $22.98 billion. During the same period in the previous year, the business earned $2.58 EPS. The firm’s revenue for the quarter was up 10.6% on a year-over-year basis. As a group, research analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Friday, May 29th. T-Mobile US’s payout ratio is presently 43.40%.

T-Mobile US 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.