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

Aviva PLC raised its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 654,746 shares of the Wireless communications provider’s stock after purchasing an additional 40,286 shares during the quarter. Aviva PLC’s holdings in T-Mobile US were worth $132,940,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of TMUS. JDM Financial Group LLC raised its position in T-Mobile US by 114.0% in the 4th quarter. JDM Financial Group LLC now owns 122 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 65 shares in the last quarter. Turning Point Benefit Group Inc. raised its position in T-Mobile US by 3,825.0% in the 4th quarter. Turning Point Benefit Group Inc. now owns 157 shares of the Wireless communications provider’s stock valued at $32,000 after purchasing an additional 153 shares in the last quarter. United Community Bank raised its position in T-Mobile US by 78.8% in the 4th quarter. United Community Bank now owns 186 shares of the Wireless communications provider’s stock valued at $38,000 after purchasing an additional 82 shares in the last quarter. Ares Financial Consulting LLC acquired a new stake in shares of T-Mobile US during the 4th quarter worth about $38,000. Finally, WHI TRUST Co LLC acquired a new stake in shares of T-Mobile US during the 4th quarter worth about $41,000. Institutional investors and hedge funds own 42.49% of the company’s stock.

Insider Buying and Selling

In related news, insider Andre Almeida purchased 5,097 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was bought at an average cost of $196.18 per share, with a total value of $999,929.46. Following the completion of the acquisition, the insider directly owned 44,850 shares in the company, valued at $8,798,673. The trade was a 12.82% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Jon Freier sold 4,799 shares of the company’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $190.00, for a total value of $911,810.00. Following the completion of the transaction, the chief operating officer owned 217,168 shares of the company’s stock, valued at $41,261,920. The trade was a 2.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.32% of the stock is currently owned by insiders.

T-Mobile US Trading Up 0.1%

Shares of TMUS stock opened at $185.82 on Friday. The business’s 50 day moving average is $191.30 and its two-hundred day moving average is $199.77. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The company has a market capitalization of $201.09 billion, a P/E ratio of 19.77, a price-to-earnings-growth ratio of 1.08 and a beta of 0.31. The company has a current ratio of 1.09, a quick ratio of 0.97 and a debt-to-equity ratio of 1.58.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, beating analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. During the same period in the previous year, the business earned $2.58 earnings per share. The company’s revenue for the quarter was up 10.6% compared to the same quarter last year. Equities analysts forecast that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 11th. Investors of record on Friday, May 29th were paid a $1.02 dividend. The ex-dividend date was Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.2%. T-Mobile US’s payout ratio is 43.40%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on TMUS shares. UBS Group reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, May 6th. Citigroup raised their target price on T-Mobile US from $220.00 to $225.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Freedom Capital raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, KeyCorp raised T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price on the stock in a research report on Monday, April 13th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $260.48.

T-Mobile US Company Profile

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.