Lbp Am Sa Buys 4,198 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Lbp Am Sa lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,628 shares of the Wireless communications provider’s stock after acquiring an additional 4,198 shares during the quarter. Lbp Am Sa’s holdings in T-Mobile US were worth $15,369,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Barclays PLC increased its holdings in T-Mobile US by 38.3% in the third quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC bought a new stake in T-Mobile US in the fourth quarter worth approximately $1,552,000. Trust Co. of Vermont increased its holdings in T-Mobile US by 11.9% in the fourth quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Swedbank AB increased its holdings in T-Mobile US by 5.1% in the third quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock worth $52,631,000 after purchasing an additional 12,411 shares in the last quarter. Finally, Rice Partnership LLC bought a new stake in T-Mobile US in the fourth quarter worth approximately $7,678,000. 42.49% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares of the company’s stock, valued at $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Up 1.4 %

TMUS stock opened at $259.10 on Friday. The stock’s fifty day simple moving average is $242.93 and its two-hundred day simple moving average is $227.96. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49. The stock has a market cap of $295.83 billion, a P/E ratio of 26.79, a P/E/G ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 annualized dividend and a yield of 1.36%. T-Mobile US’s dividend payout ratio is currently 36.40%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Bank of America boosted their price objective on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, January 30th. JPMorgan Chase & Co. boosted their price objective on T-Mobile US from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, January 30th. KeyCorp downgraded T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a report on Thursday, December 12th. Finally, Oppenheimer boosted their price objective on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Nine investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $254.10.

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.