T-Mobile US, Inc. (NASDAQ:TMUS) Position Increased by LaSalle St. Investment Advisors LLC

LaSalle St. Investment Advisors LLC lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 31.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,431 shares of the Wireless communications provider’s stock after acquiring an additional 580 shares during the period. LaSalle St. Investment Advisors LLC’s holdings in T-Mobile US were worth $536,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Geode Capital Management LLC lifted its stake in T-Mobile US by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider’s stock worth $2,610,542,000 after acquiring an additional 90,755 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of T-Mobile US by 4.6% during the 4th quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider’s stock valued at $1,944,503,000 after buying an additional 384,956 shares during the last quarter. Norges Bank bought a new stake in shares of T-Mobile US in the 4th quarter valued at approximately $1,802,393,000. Franklin Resources Inc. increased its holdings in T-Mobile US by 9.9% in the third quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after buying an additional 590,711 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its position in T-Mobile US by 2.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock valued at $712,966,000 after acquiring an additional 85,012 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price target 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. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. UBS Group lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a report on Friday, March 21st. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Finally, Wells Fargo & Company reiterated an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $256.80.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.67% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $258.67 on Monday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a 50-day moving average of $260.28 and a 200-day moving average of $237.51. T-Mobile US, Inc. has a 52 week low of $159.14 and a 52 week high of $276.49. The company has a market capitalization of $295.34 billion, a price-to-earnings ratio of 26.75, a PEG ratio of 1.55 and a beta of 0.63.

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 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, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 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.