Livforsakringsbolaget Skandia Omsesidigt Boosts Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Livforsakringsbolaget Skandia Omsesidigt lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 42.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,192 shares of the Wireless communications provider’s stock after acquiring an additional 358 shares during the quarter. Livforsakringsbolaget Skandia Omsesidigt’s holdings in T-Mobile US were worth $191,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of TMUS. Guidance Capital Inc. increased its holdings in T-Mobile US by 15.6% during the 4th quarter. Guidance Capital Inc. now owns 8,394 shares of the Wireless communications provider’s stock worth $1,359,000 after purchasing an additional 1,132 shares during the last quarter. Avior Wealth Management LLC grew its position in shares of T-Mobile US by 84.1% during the fourth quarter. Avior Wealth Management LLC now owns 1,622 shares of the Wireless communications provider’s stock worth $260,000 after buying an additional 741 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of T-Mobile US by 6.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 532,014 shares of the Wireless communications provider’s stock worth $85,298,000 after buying an additional 29,967 shares during the last quarter. Everence Capital Management Inc. raised its holdings in T-Mobile US by 36.0% in the fourth quarter. Everence Capital Management Inc. now owns 8,950 shares of the Wireless communications provider’s stock valued at $1,435,000 after acquiring an additional 2,370 shares in the last quarter. Finally, Desjardins Global Asset Management Inc. boosted its stake in T-Mobile US by 5.6% during the 4th quarter. Desjardins Global Asset Management Inc. now owns 15,160 shares of the Wireless communications provider’s stock valued at $2,431,000 after acquiring an additional 801 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of NASDAQ:TMUS opened at $160.85 on Friday. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $168.64. The stock has a fifty day moving average of $162.28 and a 200-day moving average of $155.94. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91. The company has a market capitalization of $190.91 billion, a PE ratio of 23.21, a price-to-earnings-growth ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The business had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The business’s quarterly revenue was up 1.0% on a year-over-year basis. During the same period last year, the business earned $1.18 EPS. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 8.95 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 37.52%.

Insider Buying and Selling

In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of the stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In other news, Director Teresa Taylor sold 12,022 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the transaction, the director now directly owns 13,014 shares of the company’s stock, valued at $2,105,665.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Telekom Ag Deutsche sold 194,910 shares of T-Mobile US stock in a transaction dated Monday, January 22nd. The shares were sold at an average price of $164.85, for a total value of $32,130,913.50. Following the sale, the director now owns 690,905,381 shares of the company’s stock, valued at $113,895,752,057.85. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,006,369 shares of company stock worth $974,765,696. 0.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Wells Fargo & Company increased their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Raymond James boosted their price target on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a report on Friday, January 26th. Oppenheimer restated an “outperform” rating and set a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Royal Bank of Canada reiterated an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a research note on Wednesday, March 20th. Finally, Morgan Stanley lifted their price target on shares of T-Mobile US from $180.00 to $186.00 and gave the company an “overweight” rating in a report on Monday, January 29th. One equities research analyst has rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average price target of $185.93.

About T-Mobile US

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.