Vontobel Holding Ltd. Grows Stock Holdings in T-Mobile US, Inc. $TMUS

Vontobel Holding Ltd. lifted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 33.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 75,877 shares of the Wireless communications provider’s stock after buying an additional 19,153 shares during the quarter. Vontobel Holding Ltd.’s holdings in T-Mobile US were worth $18,163,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in T-Mobile US by 0.5% during the second quarter. Vanguard Group Inc. now owns 42,160,882 shares of the Wireless communications provider’s stock worth $10,045,252,000 after purchasing an additional 215,711 shares during the period. State Street Corp grew its holdings in shares of T-Mobile US by 4.5% in the second quarter. State Street Corp now owns 23,141,316 shares of the Wireless communications provider’s stock valued at $5,513,650,000 after purchasing an additional 994,740 shares in the last quarter. Canada Pension Plan Investment Board increased its stake in T-Mobile US by 14.3% during the 1st quarter. Canada Pension Plan Investment Board now owns 6,889,126 shares of the Wireless communications provider’s stock worth $1,837,399,000 after buying an additional 864,030 shares during the period. Franklin Resources Inc. lifted its holdings in T-Mobile US by 5.2% during the 2nd quarter. Franklin Resources Inc. now owns 6,298,934 shares of the Wireless communications provider’s stock worth $1,500,784,000 after buying an additional 309,922 shares in the last quarter. Finally, Norges Bank purchased a new position in T-Mobile US in the 2nd quarter valued at approximately $1,477,780,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $198.81 on Thursday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. T-Mobile US, Inc. has a 1-year low of $194.01 and a 1-year high of $276.49. The firm has a market capitalization of $222.37 billion, a P/E ratio of 19.12, a P/E/G ratio of 1.27 and a beta of 0.44. The business’s 50-day simple moving average is $209.09 and its 200-day simple moving average is $228.10.

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

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be given a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s dividend payout ratio is 39.23%.

Analysts Set New Price Targets

Several analysts have recently issued reports on TMUS shares. UBS Group reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, December 10th. Zacks Research raised T-Mobile US from a “strong sell” rating to a “hold” rating in a research report on Wednesday, November 26th. Benchmark lifted their price objective on T-Mobile US from $275.00 to $295.00 and gave the company a “buy” rating in a research note on Friday, October 10th. Deutsche Bank Aktiengesellschaft upped their target price on shares of T-Mobile US from $280.00 to $300.00 in a research note on Thursday, October 2nd. Finally, BNP Paribas Exane lifted their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock an “outperform” rating in a research note on Monday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $260.17.

Insider Activity

In related news, Director Telekom Ag Deutsche sold 1,374 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $220.46, for a total value of $302,912.04. Following the completion of the sale, the director directly owned 582,065,875 shares in the company, valued at approximately $128,322,242,802.50. This represents a 0.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Srini Gopalan bought 9,800 shares of the firm’s stock in a transaction dated Thursday, November 6th. The stock was bought at an average cost of $201.82 per share, with a total value of $1,977,836.00. Following the transaction, the chief executive officer directly owned 90,258 shares of the company’s stock, valued at approximately $18,215,869.56. This trade represents a 12.18% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 915,016 shares of company stock worth $208,006,290 in the last quarter. Insiders own 0.37% of the company’s stock.

About T-Mobile US

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.