Motley Fool Asset Management LLC Raises Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Motley Fool Asset Management LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 16.6% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 54,754 shares of the Wireless communications provider’s stock after buying an additional 7,789 shares during the period. Motley Fool Asset Management LLC’s holdings in T-Mobile US were worth $12,086,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Dunhill Financial LLC increased its stake in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. Rakuten Securities Inc. increased its position in T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust bought a new stake in shares of T-Mobile US in the fourth quarter valued at $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US during the 4th quarter valued at $29,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth $34,000. Institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of T-Mobile US stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now owns 3,291 shares in the company, valued at $865,533. This trade represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Benchmark reaffirmed a “buy” rating and set a $275.00 price objective on shares of T-Mobile US in a report on Thursday, March 27th. 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 price target on the stock. JPMorgan Chase & Co. boosted their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a report on Tuesday, March 18th. UBS Group lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Finally, Scotiabank boosted their price objective on T-Mobile US from $247.00 to $275.00 and gave the company a “sector perform” rating in a research note on Monday, March 3rd. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

T-Mobile US Stock Down 1.5 %

Shares of NASDAQ:TMUS opened at $264.56 on Thursday. The firm has a market capitalization of $302.06 billion, a PE ratio of 27.36, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. T-Mobile US, Inc. has a 52-week low of $159.14 and a 52-week high of $276.49. The firm has a fifty day moving average of $255.79 and a 200 day moving average of $234.26.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (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, research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

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

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.