Migdal Insurance & Financial Holdings Ltd. Has $676,000 Position in T-Mobile US, Inc. $TMUS

Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 1,106.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 3,329 shares of the Wireless communications provider’s stock after purchasing an additional 3,053 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in T-Mobile US were worth $676,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. raised its position in shares of T-Mobile US by 1.5% during 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 acquiring an additional 636,192 shares during the last quarter. State Street Corp increased its position in T-Mobile US by 4.7% in the third quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after purchasing an additional 1,092,769 shares during the period. Capital International Investors increased its position in T-Mobile US by 5.5% in the third quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock worth $3,285,608,000 after purchasing an additional 711,278 shares during the period. Wellington Management Group LLP raised its holdings in T-Mobile US by 47.5% during the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after purchasing an additional 4,335,368 shares during the last quarter. Finally, Invesco Ltd. lifted its position in T-Mobile US by 6.1% during 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 purchasing an additional 453,096 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TMUS has been the subject of several analyst reports. Moffett Nathanson upgraded shares of T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price target for the company in a research report on Wednesday, April 8th. Wall Street Zen cut shares of T-Mobile US from a “hold” rating to a “sell” rating in a research note on Saturday, March 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. Citigroup upped their target price on shares of T-Mobile US from $220.00 to $225.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Finally, BNP Paribas Exane cut their price target on T-Mobile US from $300.00 to $275.00 and set an “outperform” rating on the stock in a research note on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $260.91.

View Our Latest Analysis on T-Mobile US

Insider Activity

In other T-Mobile US news, CFO Peter Osvaldik sold 27,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total value of $5,801,220.00. Following the completion of the transaction, the chief financial officer directly owned 51,573 shares of the company’s stock, valued at approximately $11,080,974.78. The trade was a 34.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Wolfe Nelson sold 10,240 shares of the stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $220.80, for a total value of $2,260,992.00. Following the completion of the sale, the insider owned 74,280 shares of the company’s stock, valued at $16,401,024. This trade represents a 12.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 694,134 shares of company stock valued at $150,847,799. Company insiders own 0.37% of the company’s stock.

T-Mobile US Stock Down 3.3%

Shares of NASDAQ:TMUS opened at $188.92 on Thursday. The company has a 50 day moving average price of $209.22 and a two-hundred day moving average price of $206.75. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. The company has a market capitalization of $208.16 billion, a PE ratio of 19.46, a PEG ratio of 1.27 and a beta of 0.43. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $263.79.

T-Mobile US Dividend Announcement

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 given a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is currently 42.02%.

Key T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Company Profile

(Free Report)

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.

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

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