T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Hardman Johnston Global Advisors LLC

Hardman Johnston Global Advisors LLC increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 13.9% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 153,915 shares of the Wireless communications provider’s stock after acquiring an additional 18,820 shares during the period. T-Mobile US makes up about 1.4% of Hardman Johnston Global Advisors LLC’s holdings, making the stock its 26th largest holding. Hardman Johnston Global Advisors LLC’s holdings in T-Mobile US were worth $33,974,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Colonial River Investments LLC increased its stake in T-Mobile US by 2.7% during the 4th quarter. Colonial River Investments LLC now owns 4,161 shares of the Wireless communications provider’s stock worth $918,000 after buying an additional 109 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of T-Mobile US in the fourth quarter worth $10,791,000. Union Bancaire Privee UBP SA purchased a new stake in shares of T-Mobile US during the fourth quarter worth $813,000. World Equity Group Inc. acquired a new stake in shares of T-Mobile US in the fourth quarter valued at $292,000. Finally, Delta Financial Group Inc. purchased a new position in T-Mobile US in the fourth quarter valued at $379,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the topic of several recent research reports. Benchmark restated a “buy” rating and set a $255.00 price target on shares of T-Mobile US in a report on Tuesday, January 28th. Oppenheimer boosted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Morgan Stanley began coverage on shares of T-Mobile US in a research note on Monday, December 16th. They set an “overweight” rating and a $280.00 target price for the company. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Finally, Barclays lifted their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $251.79.

Insider Buying and Selling

In other news, Director Andre Almeida purchased 3,808 shares of the stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 3,100 shares of company stock valued at $747,378. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $265.17 on Monday. The stock has a market capitalization of $302.76 billion, a PE ratio of 27.42, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The stock’s 50-day moving average price is $230.98 and its 200 day moving average price is $221.64. T-Mobile US, Inc. has a 52-week low of $158.84 and a 52-week high of $271.41.

T-Mobile US (NASDAQ:TMUS) last issued its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.33%. T-Mobile US’s dividend payout ratio (DPR) is presently 36.40%.

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.