Forsta AP Fonden Buys 400 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Forsta AP Fonden increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 158,000 shares of the Wireless communications provider’s stock after buying an additional 400 shares during the quarter. Forsta AP Fonden’s holdings in T-Mobile US were worth $34,875,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. KPP Advisory Services LLC lifted its stake in shares of T-Mobile US by 2.6% during the third quarter. KPP Advisory Services LLC now owns 1,744 shares of the Wireless communications provider’s stock valued at $360,000 after acquiring an additional 45 shares during the period. DT Investment Partners LLC boosted its position in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 47 shares during the last quarter. Relyea Zuckerberg Hanson LLC increased its holdings in T-Mobile US by 3.9% in the fourth quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider’s stock valued at $284,000 after purchasing an additional 48 shares during the last quarter. Old North State Trust LLC lifted its stake in T-Mobile US by 1.4% in the third quarter. Old North State Trust LLC now owns 3,637 shares of the Wireless communications provider’s stock valued at $751,000 after buying an additional 50 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in T-Mobile US by 1.5% during the fourth quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 3,330 shares of the Wireless communications provider’s stock worth $735,000 after buying an additional 50 shares during the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $221.16 on Wednesday. The firm has a market cap of $256.66 billion, a PE ratio of 25.22, a P/E/G ratio of 1.08 and a beta of 0.56. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The company’s fifty day simple moving average is $226.37 and its 200-day simple moving average is $212.66. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. Equities research analysts expect that T-Mobile US, Inc. will post 9.3 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

Analyst Upgrades and Downgrades

TMUS has been the subject of a number of recent analyst reports. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Barclays increased their target price on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Daiwa America raised shares of T-Mobile US to a “hold” rating in a report on Friday, October 25th. Royal Bank of Canada downgraded T-Mobile US from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $255.00 to $240.00 in a research note on Monday, January 6th. Finally, Sanford C. Bernstein began coverage on T-Mobile US in a research note on Tuesday, December 10th. They issued a “market perform” rating and a $265.00 target price for the company. Seven research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $245.74.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares in the company, valued at approximately $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the company’s stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock worth $32,736,303 in the last 90 days. Corporate insiders own 0.67% of the company’s stock.

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.