5,412 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by PGGM Investments

PGGM Investments bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,412 shares of the Wireless communications provider’s stock, valued at approximately $953,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TMUS. ORG Partners LLC raised its position in shares of T-Mobile US by 5,690.0% in the 2nd quarter. ORG Partners LLC now owns 579 shares of the Wireless communications provider’s stock valued at $102,000 after purchasing an additional 569 shares during the last quarter. Ferguson Wellman Capital Management Inc. purchased a new position in shares of T-Mobile US in the second quarter worth $21,377,000. ORBA Wealth Advisors L.L.C. raised its holdings in shares of T-Mobile US by 7.5% in the second quarter. ORBA Wealth Advisors L.L.C. now owns 2,133 shares of the Wireless communications provider’s stock worth $376,000 after buying an additional 149 shares during the last quarter. Great Valley Advisor Group Inc. lifted its stake in shares of T-Mobile US by 7.4% during the second quarter. Great Valley Advisor Group Inc. now owns 7,950 shares of the Wireless communications provider’s stock worth $1,401,000 after buying an additional 550 shares during the period. Finally, Diversified Trust Co grew its holdings in shares of T-Mobile US by 69.5% during the second quarter. Diversified Trust Co now owns 5,808 shares of the Wireless communications provider’s stock valued at $1,023,000 after buying an additional 2,381 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Telekom Ag Deutsche sold 227,604 shares of T-Mobile US stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $172.65, for a total value of $39,295,830.60. Following the sale, the director now directly owns 673,251,489 shares of the company’s stock, valued at $116,236,869,575.85. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Telekom Ag Deutsche sold 227,604 shares of the stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $172.65, for a total value of $39,295,830.60. Following the completion of the sale, the director now directly owns 673,251,489 shares in the company, valued at $116,236,869,575.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Jon Freier sold 20,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The stock was sold at an average price of $164.38, for a total transaction of $3,287,600.00. Following the completion of the transaction, the insider now directly owns 172,628 shares in the company, valued at $28,376,590.64. The disclosure for this sale can be found here. In the last three months, insiders sold 3,086,875 shares of company stock worth $534,498,332. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

Shares of T-Mobile US stock traded up $1.16 on Wednesday, reaching $196.49. The company’s stock had a trading volume of 3,243,590 shares, compared to its average volume of 4,744,883. T-Mobile US, Inc. has a 52-week low of $131.47 and a 52-week high of $197.03. The company has a market capitalization of $230.26 billion, a P/E ratio of 26.73, a PEG ratio of 0.76 and a beta of 0.51. The company has a quick ratio of 0.86, a current ratio of 0.84 and a debt-to-equity ratio of 1.22. The stock has a 50-day moving average price of $181.07 and a 200-day moving average price of $169.67.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, topping the consensus estimate of $2.27 by $0.22. The company had revenue of $19.77 billion during the quarter, compared to analyst estimates of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The firm’s revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.86 EPS. Analysts expect that T-Mobile US, Inc. will post 9.05 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 12th. Investors of record on Friday, August 30th will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a yield of 1.32%. The ex-dividend date is Friday, August 30th. T-Mobile US’s payout ratio is 35.37%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of research analyst reports. Evercore ISI upgraded T-Mobile US to a “hold” rating in a research note on Thursday, August 1st. StockNews.com raised T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. KeyCorp 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 report on Friday, April 26th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Finally, The Goldman Sachs Group began coverage on shares of T-Mobile US in a report on Monday, July 1st. They set a “buy” rating and a $200.00 target price for the company. One research analyst has rated the stock with a hold rating, sixteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Buy” and a consensus price target of $198.63.

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.