Loudon Investment Management LLC Acquires 13,185 Shares of T-Mobile US, Inc. $TMUS

Loudon Investment Management LLC increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 174.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,750 shares of the Wireless communications provider’s stock after purchasing an additional 13,185 shares during the period. T-Mobile US accounts for 2.6% of Loudon Investment Management LLC’s holdings, making the stock its 11th biggest holding. Loudon Investment Management LLC’s holdings in T-Mobile US were worth $4,967,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in shares of T-Mobile US by 1.5% in the third quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock worth $10,244,764,000 after buying an additional 636,192 shares in the last quarter. State Street Corp grew its stake in T-Mobile US by 4.5% during the second quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock valued at $5,513,650,000 after acquiring an additional 994,740 shares in the last quarter. Capital International Investors grew its stake in T-Mobile US by 5.5% during the third quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock valued at $3,285,608,000 after acquiring an additional 711,278 shares in the last quarter. Wellington Management Group LLP increased its holdings in T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after acquiring an additional 4,335,368 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in T-Mobile US by 6.1% in the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after acquiring an additional 453,096 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on TMUS shares. KeyCorp raised shares of T-Mobile US from an “underweight” rating to a “sector weight” rating in a report on Tuesday, December 2nd. TD Cowen reduced their target price on T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a report on Thursday, February 12th. Wall Street Zen downgraded T-Mobile US from a “hold” rating to a “sell” rating in a research report on Saturday. JPMorgan Chase & Co. reissued a “buy” rating on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Zacks Research upgraded T-Mobile US from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $257.09.

T-Mobile US Price Performance

TMUS stock opened at $214.82 on Tuesday. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $272.60. The firm has a market capitalization of $236.70 billion, a P/E ratio of 22.12, a price-to-earnings-growth ratio of 1.41 and a beta of 0.42. The company has a fifty day simple moving average of $204.44 and a two-hundred day simple moving average of $213.99. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45.

Insider Activity

In other T-Mobile US news, Director G Michael Sievert sold 1,089 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $221.85, for a total transaction of $241,594.65. Following the sale, the director directly owned 125,696 shares of the company’s stock, valued at $27,885,657.60. The trade was a 0.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Raul Marcelo Claure sold 550,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total value of $119,663,500.00. Following the sale, the director owned 891,204 shares in the company, valued at approximately $193,899,254.28. This trade represents a 38.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by insiders.

About T-Mobile US

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.