17,433 Shares in T-Mobile US, Inc. $TMUS Purchased by MASTERINVEST Kapitalanlage GmbH

MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 17,433 shares of the Wireless communications provider’s stock, valued at approximately $4,154,000.

A number of other hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. increased its stake in T-Mobile US by 0.5% in the 2nd quarter. Vanguard Group Inc. now owns 42,160,882 shares of the Wireless communications provider’s stock valued at $10,045,252,000 after buying an additional 215,711 shares during the period. State Street Corp raised its holdings in shares of 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 worth $5,513,650,000 after acquiring an additional 994,740 shares in the last quarter. Wellington Management Group LLP boosted its position in T-Mobile US by 1.7% during the first quarter. Wellington Management Group LLP now owns 12,846,939 shares of the Wireless communications provider’s stock valued at $3,426,407,000 after purchasing an additional 214,224 shares during the last quarter. Canada Pension Plan Investment Board grew its stake in T-Mobile US by 14.3% in the first quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock valued at $1,837,399,000 after purchasing an additional 864,030 shares in the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of T-Mobile US by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock worth $1,500,784,000 after purchasing an additional 309,922 shares in the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director G Michael Sievert sold 22,500 shares of the firm’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $216.97, for a total transaction of $4,881,825.00. Following the completion of the transaction, the director directly owned 308,696 shares of the company’s stock, valued at approximately $66,977,771.12. This trade represents a 6.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Srini Gopalan bought 9,800 shares of the firm’s stock in a transaction dated Thursday, November 6th. The shares were acquired at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the transaction, the chief executive officer owned 90,258 shares in the company, valued at $18,215,869.56. This represents a 12.18% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have sold 1,237,172 shares of company stock worth $284,993,242. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $195.16 on Friday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. T-Mobile US, Inc. has a one year low of $194.01 and a one year high of $276.49. The company has a fifty day moving average price of $213.74 and a 200 day moving average price of $230.62. The stock has a market cap of $218.29 billion, a P/E ratio of 18.77, a PEG ratio of 1.25 and a beta of 0.44.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The business had revenue of $21.96 billion during the quarter, compared to analysts’ expectations of $21.61 billion. During the same quarter last year, the company earned $2.61 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. Analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Hsbc Global Res raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 24th. Raymond James Financial raised shares of T-Mobile US to a “hold” rating in a research note on Wednesday, October 1st. Oppenheimer lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, November 21st. Moffett Nathanson increased their price objective on T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a report on Thursday, October 2nd. Finally, Benchmark boosted their target price on T-Mobile US from $275.00 to $295.00 and gave the stock a “buy” rating in a report on Friday, October 10th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $263.71.

Check Out Our Latest Analysis on T-Mobile US

T-Mobile US Profile

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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