T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Tranquility Partners LLC

Tranquility Partners LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% during the 4th quarter, Holdings Channel reports. The firm owned 3,826 shares of the Wireless communications provider’s stock after acquiring an additional 71 shares during the quarter. Tranquility Partners LLC’s holdings in T-Mobile US were worth $613,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of TMUS. Norges Bank acquired a new stake in T-Mobile US in the fourth quarter valued at $2,801,442,000. Clearbridge Investments LLC boosted its stake in shares of T-Mobile US by 243.9% during 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 acquiring an additional 2,071,489 shares during the last quarter. Morgan Stanley boosted its stake in shares of T-Mobile US by 18.8% during the fourth quarter. Morgan Stanley now owns 10,984,556 shares of the Wireless communications provider’s stock valued at $1,537,838,000 after acquiring an additional 1,742,108 shares during the last quarter. Canada Pension Plan Investment Board boosted its stake in shares of T-Mobile US by 90.5% during the third quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock valued at $350,983,000 after acquiring an additional 1,190,813 shares during the last quarter. Finally, Third Point LLC acquired a new stake in shares of T-Mobile US during the third quarter valued at $140,050,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on TMUS. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research note on Monday, January 22nd. KeyCorp decreased their price objective on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Benchmark reaffirmed a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a research note on Friday, January 26th. Citigroup raised their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research note on Monday, March 25th. Finally, Oppenheimer reissued an “outperform” rating and issued a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $185.93.

T-Mobile US Trading Up 0.5 %

Shares of T-Mobile US stock traded up $0.88 during trading hours on Thursday, reaching $160.97. The stock had a trading volume of 391,403 shares, compared to its average volume of 4,468,979. The firm has a market capitalization of $191.05 billion, a price-to-earnings ratio of 23.10, a P/E/G ratio of 0.65 and a beta of 0.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a 1 year low of $124.92 and a 1 year high of $168.64. The firm has a 50 day simple moving average of $162.28 and a two-hundred day simple moving average of $155.91.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The company had revenue of $20.48 billion during the quarter, compared to analysts’ expectations of $19.67 billion. T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm’s revenue was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.18 EPS. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a yield of 1.62%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio is presently 37.52%.

Insiders Place Their Bets

In other T-Mobile US news, Director Telekom Ag Deutsche sold 170,703 shares of the company’s stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $160.24, for a total value of $27,353,448.72. Following the completion of the transaction, the director now owns 679,776,137 shares in the company, valued at approximately $108,927,328,192.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In other news, Director Telekom Ag Deutsche sold 170,703 shares of the stock in a transaction that occurred on Monday, April 15th. The stock was sold at an average price of $160.24, for a total transaction of $27,353,448.72. Following the completion of the transaction, the director now directly owns 679,776,137 shares in the company, valued at approximately $108,927,328,192.88. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Michael J. Katz sold 6,655 shares of the stock in a transaction that occurred on Friday, February 16th. The shares were sold at an average price of $161.23, for a total value of $1,072,985.65. Following the transaction, the insider now owns 126,616 shares of the company’s stock, valued at $20,414,297.68. The disclosure for this sale can be found here. Insiders sold a total of 5,835,666 shares of company stock worth $947,456,630 in the last 90 days. 0.70% of the stock is owned by company insiders.

T-Mobile US 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.