T-Mobile US, Inc. $TMUS Shares Acquired by Aviva PLC

Aviva PLC grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 21.2% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 573,885 shares of the Wireless communications provider’s stock after purchasing an additional 100,289 shares during the period. Aviva PLC’s holdings in T-Mobile US were worth $136,734,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in TMUS. Activest Wealth Management grew its holdings in T-Mobile US by 9,400.0% in the 1st quarter. Activest Wealth Management now owns 95 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 94 shares in the last quarter. Missouri Trust & Investment Co raised its holdings in shares of T-Mobile US by 807.7% during the 2nd quarter. Missouri Trust & Investment Co now owns 118 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 105 shares during the period. Stone House Investment Management LLC acquired a new position in shares of T-Mobile US during the 1st quarter valued at about $29,000. Aspect Partners LLC boosted its position in shares of T-Mobile US by 112.1% during the 2nd quarter. Aspect Partners LLC now owns 123 shares of the Wireless communications provider’s stock valued at $29,000 after acquiring an additional 65 shares during the last quarter. Finally, TCTC Holdings LLC grew its holdings in shares of T-Mobile US by 208.1% in the first quarter. TCTC Holdings LLC now owns 114 shares of the Wireless communications provider’s stock valued at $30,000 after purchasing an additional 77 shares during the period. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

TMUS has been the topic of a number of analyst reports. Rothschild Redb raised shares of T-Mobile US to a “hold” rating in a research note on Tuesday, September 30th. Wolfe Research cut their price target on shares of T-Mobile US from $300.00 to $290.00 and set an “outperform” rating for the company in a report on Tuesday, September 30th. Moffett Nathanson lifted their price target on shares of T-Mobile US from $210.00 to $230.00 and gave the company a “neutral” rating in a research report on Thursday, October 2nd. Cowen reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, October 24th. Finally, TD Cowen cut their target price on T-Mobile US from $291.00 to $263.00 and set a “buy” rating for the company in a research note on Friday, October 24th. Three research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $266.63.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $207.00 on Friday. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.80 and a current ratio of 0.89. The firm has a market cap of $231.53 billion, a P/E ratio of 19.90, a P/E/G ratio of 1.51 and a beta of 0.57. The firm’s 50 day moving average price is $230.49 and its 200-day moving average price is $237.20. T-Mobile US, Inc. has a one year low of $199.41 and a one year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, October 23rd. The Wireless communications provider reported $2.41 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.01. The firm had revenue of $21.96 billion during the quarter, compared to the consensus estimate of $21.61 billion. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The firm’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.61 EPS. As a group, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Wednesday, November 26th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This is a boost from T-Mobile US’s previous quarterly dividend of $0.88. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.0%. T-Mobile US’s payout ratio is presently 39.23%.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction dated Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total transaction of $302,912.04. Following the transaction, the director owned 582,065,875 shares of the company’s stock, valued at approximately $128,322,242,802.50. This represents a 0.00% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders sold 2,113,221 shares of company stock valued at $506,386,034. 0.37% of the stock is currently owned by insiders.

T-Mobile US Company 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.