3,417 Shares in T-Mobile US, Inc. $TMUS Purchased by Guardian Capital LLC

Guardian Capital LLC bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,417 shares of the Wireless communications provider’s stock, valued at approximately $694,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in TMUS. Wellington Management Group LLP boosted its holdings in shares of T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after purchasing an additional 4,335,368 shares in the last quarter. Viking Global Investors LP boosted its holdings in shares of T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after purchasing an additional 1,279,422 shares in the last quarter. Amundi boosted its holdings in shares of T-Mobile US by 44.6% in the 3rd quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock worth $924,380,000 after purchasing an additional 1,266,808 shares in the last quarter. State Street Corp boosted its holdings in shares of T-Mobile US by 4.7% in the 3rd quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after purchasing an additional 1,092,769 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in shares of T-Mobile US by 33.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,477,553 shares of the Wireless communications provider’s stock worth $832,438,000 after purchasing an additional 877,384 shares in the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on TMUS. Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 price objective for the company in a report on Thursday, February 19th. TD Cowen upped their price objective on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. KeyCorp upgraded T-Mobile US from a “sector weight” rating to an “overweight” rating and set a $260.00 target price for the company in a report on Monday, April 13th. Finally, Wolfe Research restated an “outperform” rating and set a $255.00 target price on shares of T-Mobile US in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.

T-Mobile US Trading Down 1.6%

Shares of TMUS stock opened at $185.22 on Friday. The stock has a market capitalization of $200.45 billion, a PE ratio of 19.70, a P/E/G ratio of 1.09 and a beta of 0.33. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $261.56. The business has a 50-day moving average of $201.37 and a 200 day moving average of $203.07. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.09 and a quick ratio of 0.97.

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

T-Mobile US Announces Dividend

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

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, insider Andre Almeida purchased 5,097 shares of the stock in a transaction on Friday, May 1st. The stock was acquired at an average price of $196.18 per share, with a total value of $999,929.46. Following the transaction, the insider directly owned 44,850 shares of the company’s stock, valued at approximately $8,798,673. This trade represents a 12.82% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, insider Mark Wolfe Nelson sold 10,240 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $220.80, for a total value of $2,260,992.00. Following the transaction, the insider directly owned 74,280 shares of the company’s stock, valued at $16,401,024. The trade was a 12.12% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 149,134 shares of company stock worth $32,163,349 over the last three months. 0.37% of the stock is owned by corporate insiders.

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.