T-Mobile US, Inc. $TMUS Shares Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 10.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 606,025 shares of the Wireless communications provider’s stock after purchasing an additional 57,208 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in T-Mobile US were worth $122,114,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. United Community Bank increased its position in shares of T-Mobile US by 131.1% during the third quarter. United Community Bank now owns 104 shares of the Wireless communications provider’s stock worth $25,000 after purchasing an additional 59 shares in the last quarter. Elevation Wealth Partners LLC increased its position in shares of T-Mobile US by 190.0% during the third quarter. Elevation Wealth Partners LLC now owns 116 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 76 shares in the last quarter. City Holding Co. increased its position in shares of T-Mobile US by 48.4% during the third quarter. City Holding Co. now owns 141 shares of the Wireless communications provider’s stock worth $34,000 after purchasing an additional 46 shares in the last quarter. Cloud Capital Management LLC acquired a new position in shares of T-Mobile US during the third quarter worth $38,000. Finally, First Horizon Corp acquired a new position in shares of T-Mobile US during the third quarter worth $42,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on TMUS. Royal Bank Of Canada reduced their price target on T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a research report on Friday, January 16th. Morgan Stanley began coverage on T-Mobile US in a research report on Thursday, April 16th. They set an “overweight” rating and a $260.00 price target on the stock. KeyCorp raised T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 price target on the stock in a research report on Monday, April 13th. DZ Bank reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Friday, February 13th. Finally, Daiwa Securities Group raised T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 target price on the stock in a research report on Thursday, February 19th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, T-Mobile US presently has an average rating of “Moderate Buy” and a consensus target price of $260.91.

Check Out Our Latest Stock Analysis on TMUS

T-Mobile US Price Performance

NASDAQ TMUS opened at $195.39 on Wednesday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.00 and a quick ratio of 0.90. The stock’s fifty day moving average price is $209.63 and its 200 day moving average price is $206.87. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $263.79. The company has a market cap of $215.29 billion, a price-to-earnings ratio of 20.12, a PEG ratio of 1.28 and a beta of 0.43.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio is presently 42.02%.

Insider Transactions at T-Mobile US

In related news, Director G Michael Sievert sold 80,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total value of $17,195,200.00. Following the transaction, the director directly owned 140,696 shares of the company’s stock, valued at $30,241,198.24. This represents a 36.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Mark Wolfe Nelson sold 10,240 shares of the company’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $220.80, for a total value of $2,260,992.00. Following the completion of the transaction, the insider directly owned 74,280 shares in the company, valued at approximately $16,401,024. The trade was a 12.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 694,134 shares of company stock worth $150,847,799 over the last 90 days. Insiders own 0.37% of the company’s stock.

About T-Mobile US

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

Featured Stories

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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