Schroder Investment Management Group Boosts Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Schroder Investment Management Group lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 691,910 shares of the Wireless communications provider’s stock after purchasing an additional 30,221 shares during the quarter. Schroder Investment Management Group owned about 0.06% of T-Mobile US worth $152,677,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Dunhill Financial LLC lifted its stake in shares of 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. Rakuten Securities Inc. lifted 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 valued at $28,000 after buying an additional 62 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in T-Mobile US during the fourth quarter worth about $28,000. Financial Life Planners acquired a new stake in shares of T-Mobile US during the fourth quarter valued at about $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US in the 3rd quarter valued at approximately $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on TMUS shares. UBS Group downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Scotiabank lifted 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. Sanford C. Bernstein began coverage on T-Mobile US in a research note on Tuesday, December 10th. They set a “market perform” rating and a $265.00 target price on the stock. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 target price for the company. in a research report on Thursday, December 12th. Finally, Bank of America increased their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Eleven investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

T-Mobile US Stock Down 1.2 %

TMUS stock opened at $264.93 on Monday. The stock has a market cap of $302.48 billion, a P/E ratio of 27.40, a PEG ratio of 1.55 and a beta of 0.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a twelve month low of $159.14 and a twelve month high of $276.49. The company’s 50 day moving average is $252.92 and its two-hundred day moving average is $233.13.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping 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%. Research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. 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 payout ratio is currently 36.40%.

Insider Buying and Selling

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

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.