T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Increased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,459,130 shares of the Wireless communications provider’s stock after purchasing an additional 184,059 shares during the period. Dimensional Fund Advisors LP’s holdings in T-Mobile US were worth $785,667,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. WASHINGTON TRUST Co raised its holdings in T-Mobile US by 143.1% during the second quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 83 shares in the last quarter. Summit Securities Group LLC acquired a new position in T-Mobile US during the second quarter valued at approximately $27,000. Y.D. More Investments Ltd bought a new position in shares of T-Mobile US in the second quarter valued at approximately $27,000. Westside Investment Management Inc. lifted its stake in shares of T-Mobile US by 75.8% in the first quarter. Westside Investment Management Inc. now owns 174 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 75 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of T-Mobile US during the 2nd quarter worth $30,000. Institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, Director Telekom Ag Deutsche sold 133,461 shares of the company’s stock in a transaction dated Monday, June 24th. The shares were sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the transaction, the director now owns 670,812,128 shares in the company, valued at approximately $119,431,391,269.12. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In other news, insider Jon Freier sold 10,000 shares of the company’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $181.87, for a total transaction of $1,818,700.00. Following the transaction, the insider now owns 162,628 shares of the company’s stock, valued at $29,577,154.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Telekom Ag Deutsche sold 133,461 shares of T-Mobile US stock in a transaction dated Monday, June 24th. The stock was sold at an average price of $178.04, for a total value of $23,761,396.44. Following the completion of the sale, the director now owns 670,812,128 shares of the company’s stock, valued at $119,431,391,269.12. The disclosure for this sale can be found here. Insiders sold 840,336 shares of company stock valued at $154,461,060 in the last three months. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.2 %

Shares of NASDAQ:TMUS opened at $202.83 on Monday. The company’s fifty day moving average is $190.15 and its 200-day moving average is $175.32. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. T-Mobile US, Inc. has a 52 week low of $135.82 and a 52 week high of $205.28. The company has a market capitalization of $236.66 billion, a PE ratio of 27.60, a P/E/G ratio of 0.74 and a beta of 0.51.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 EPS for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. The firm had revenue of $19.77 billion for 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 company’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the previous year, the business earned $1.86 earnings per share. Equities research analysts predict that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on TMUS shares. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Tuesday, July 30th. Benchmark lifted their price target on T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Scotiabank increased their price objective on T-Mobile US from $194.50 to $197.00 and gave the company a “sector outperform” rating in a research report on Thursday, August 1st. Citigroup boosted their target price on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Finally, Deutsche Bank Aktiengesellschaft increased their price target on shares of T-Mobile US from $185.00 to $200.00 and gave the company a “buy” rating in a report on Thursday, July 18th. One investment analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $201.44.

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.