T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Swedbank AB

Swedbank AB raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 271,149 shares of the Wireless communications provider’s stock after acquiring an additional 16,105 shares during the period. Swedbank AB’s holdings in T-Mobile US were worth $59,851,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the stock. Barclays PLC boosted its stake in shares of T-Mobile US by 38.3% during the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after buying an additional 876,182 shares during the period. International Assets Investment Management LLC raised its holdings in T-Mobile US by 21,580.9% during the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock worth $51,586,000 after purchasing an additional 248,828 shares in the last quarter. Trust Co. of Vermont raised its holdings in T-Mobile US by 11.9% during the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Exchange Traded Concepts LLC raised its holdings in T-Mobile US by 737.8% during the fourth quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider’s stock worth $12,476,000 after purchasing an additional 49,775 shares in the last quarter. Finally, Passumpsic Savings Bank purchased a new position in T-Mobile US during the third quarter worth about $2,634,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $230.75, for a total value of $2,561,325.00. Following the completion of the transaction, the executive vice president now owns 4,400 shares of the company’s stock, valued at $1,015,300. This represents a 71.61 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the stock in a transaction that occurred on Monday, November 4th. The shares were sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the sale, the director now directly owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. This represents a 7.09 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 144,200 shares of company stock worth $32,736,303. Insiders own 0.67% of the company’s stock.

T-Mobile US Trading Up 6.3 %

TMUS opened at $235.15 on Thursday. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $248.15. The firm has a 50-day moving average price of $226.37 and a two-hundred day moving average price of $212.66. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market capitalization of $272.89 billion, a PE ratio of 26.81, a PEG ratio of 1.08 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. As a group, equities analysts anticipate that T-Mobile US, Inc. will post 9.3 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 40.14%.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. JPMorgan Chase & Co. increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Thursday, October 24th. Benchmark reissued a “buy” rating and set a $255.00 price target on shares of T-Mobile US in a report on Tuesday. Bank of America increased their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. The Goldman Sachs Group increased their price target on shares of T-Mobile US from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, October 24th. Finally, Oppenheimer increased their target price on shares of T-Mobile US from $215.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and an average price target of $245.74.

About T-Mobile US

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.