T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 3.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 137,669 shares of the Wireless communications provider’s stock after buying an additional 4,300 shares during the quarter. T-Mobile US makes up about 0.6% of Advisors Asset Management Inc.’s holdings, making the stock its 18th largest position. Advisors Asset Management Inc.’s holdings in T-Mobile US were worth $30,388,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in TMUS. Principal Financial Group Inc. raised its stake in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after buying an additional 47,350 shares during the last quarter. Empowered Funds LLC raised its stake in T-Mobile US by 66.4% in the 3rd quarter. Empowered Funds LLC now owns 17,640 shares of the Wireless communications provider’s stock valued at $3,640,000 after purchasing an additional 7,042 shares during the last quarter. Claro Advisors LLC raised its stake in T-Mobile US by 26.4% in the 3rd quarter. Claro Advisors LLC now owns 2,195 shares of the Wireless communications provider’s stock valued at $453,000 after purchasing an additional 458 shares during the last quarter. Aljian Capital Management LLC acquired a new position in T-Mobile US in the 3rd quarter valued at about $859,000. Finally, MAI Capital Management raised its stake in T-Mobile US by 287.5% in the 3rd quarter. MAI Capital Management now owns 40,760 shares of the Wireless communications provider’s stock valued at $8,411,000 after purchasing an additional 30,240 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the subject of several analyst reports. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, March 5th. Tigress Financial restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. HSBC cut T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Benchmark restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Morgan Stanley began coverage on T-Mobile US in a report on Monday, December 16th. They issued an “overweight” rating and a $280.00 price target for the company. Ten investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $254.80.

T-Mobile US Stock Performance

TMUS stock opened at $260.17 on Tuesday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The firm has a market cap of $297.05 billion, a P/E ratio of 26.90, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $276.49. The stock’s 50 day simple moving average is $244.62 and its 200 day simple moving average is $229.13.

T-Mobile US (NASDAQ:TMUS) last issued 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 return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.35%. T-Mobile US’s payout ratio is currently 36.40%.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.67% of the stock is owned by company insiders.

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.