T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Daiwa Securities Group Inc.

Daiwa Securities Group Inc. raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 5.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 146,940 shares of the Wireless communications provider’s stock after acquiring an additional 7,212 shares during the quarter. Daiwa Securities Group Inc.’s holdings in T-Mobile US were worth $32,434,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Dunhill Financial LLC raised its stake in T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Financial Life Planners purchased a new stake in shares of T-Mobile US during the fourth quarter worth about $29,000. Legacy Investment Solutions LLC acquired a new position in shares of T-Mobile US in the third quarter valued at approximately $34,000. Planning Capital Management Corp lifted its stake in shares of T-Mobile US by 134.7% during the third quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 101 shares during the period. Finally, Bruce G. Allen Investments LLC boosted its position in T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after acquiring an additional 73 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TMUS has been the subject of several analyst reports. Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Royal Bank of Canada restated a “sector perform” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Tigress Financial reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Evercore ISI upgraded shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Nine investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $254.10.

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 shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Letitia A. Long sold 1,100 shares of T-Mobile US stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total transaction of $254,188.00. Following the completion of the transaction, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 0.9 %

NASDAQ TMUS opened at $265.24 on Monday. The stock has a market cap of $302.84 billion, a PE ratio of 27.43, a P/E/G ratio of 1.55 and a beta of 0.64. The business has a 50 day moving average price of $239.80 and a two-hundred day moving average price of $226.64. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates 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, sell-side analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal 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. This represents a $3.52 annualized dividend and a dividend yield of 1.33%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

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.