Vima LLC Takes $419,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Vima LLC purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,616 shares of the Wireless communications provider’s stock, valued at approximately $419,000. T-Mobile US makes up 0.9% of Vima LLC’s holdings, making the stock its 28th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of T-Mobile US during the 4th quarter valued at $3,338,708,000. Clearbridge Investments LLC raised its stake in T-Mobile US by 243.9% in the third quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock valued at $409,040,000 after purchasing an additional 2,071,489 shares in the last quarter. Putnam Investments LLC increased its stake in T-Mobile US by 74.6% in the fourth quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after acquiring an additional 1,682,743 shares during the last quarter. Third Point LLC acquired a new position in T-Mobile US during the third quarter valued at approximately $140,050,000. Finally, Royal Bank of Canada lifted its stake in T-Mobile US by 7.1% during the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after purchasing an additional 693,443 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on TMUS. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a research note on Thursday. Bank of America increased their target price on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a research report on Monday, June 10th. KeyCorp increased their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Friday, April 26th. Benchmark reiterated a “buy” rating and issued a $200.00 target price on shares of T-Mobile US in a research report on Wednesday, May 29th. Finally, Oppenheimer reiterated an “outperform” rating and issued a $190.00 target price on shares of T-Mobile US in a research report on Wednesday, April 3rd. Fourteen research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $190.36.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 133,461 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The stock was sold at an average price of $173.10, for a total value of $23,102,099.10. Following the transaction, the director now owns 671,752,404 shares in the company, valued at $116,280,341,132.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $163.20, for a total value of $3,264,000.00. Following the transaction, the chief executive officer now owns 458,124 shares in the company, valued at $74,765,836.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Telekom Ag Deutsche sold 133,461 shares of the firm’s stock in a transaction that occurred on Wednesday, June 12th. The shares were sold at an average price of $173.10, for a total value of $23,102,099.10. Following the completion of the transaction, the director now owns 671,752,404 shares in the company, valued at approximately $116,280,341,132.40. The disclosure for this sale can be found here. Insiders sold 6,921,280 shares of company stock valued at $1,143,680,180 over the last 90 days. Company insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 0.5 %

NASDAQ TMUS traded up $0.88 during trading hours on Friday, hitting $175.99. 4,045,187 shares of the company’s stock were exchanged, compared to its average volume of 5,779,752. The stock has a 50-day simple moving average of $166.54 and a 200 day simple moving average of $162.93. T-Mobile US, Inc. has a 1-year low of $129.60 and a 1-year high of $182.67. The firm has a market cap of $206.23 billion, a price-to-earnings ratio of 23.94, a PEG ratio of 0.68 and a beta of 0.50. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The business had revenue of $19.59 billion during the quarter, compared to analysts’ expectations of $19.81 billion. During the same quarter last year, the firm posted $1.58 earnings per share. The firm’s revenue was down .2% on a year-over-year basis. On average, equities analysts forecast that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a yield of 1.48%. T-Mobile US’s dividend payout ratio is currently 35.37%.

T-Mobile US Company Profile

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.