Czech National Bank Buys 3,914 Shares of T-Mobile US, Inc. $TMUS

Czech National Bank lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 3.2% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 126,822 shares of the Wireless communications provider’s stock after buying an additional 3,914 shares during the quarter. Czech National Bank’s holdings in T-Mobile US were worth $25,750,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in T-Mobile US by 1.5% in the 3rd quarter. Vanguard Group Inc. now owns 42,797,074 shares of the Wireless communications provider’s stock valued at $10,244,764,000 after buying an additional 636,192 shares in the last quarter. State Street Corp raised its stake in T-Mobile US by 4.7% during the third quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after acquiring an additional 1,092,769 shares in the last quarter. Capital International Investors lifted its holdings in shares of T-Mobile US by 5.5% during the third quarter. Capital International Investors now owns 13,726,288 shares of the Wireless communications provider’s stock valued at $3,285,608,000 after acquiring an additional 711,278 shares during the period. Wellington Management Group LLP lifted its holdings in shares of T-Mobile US by 47.5% during the third quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock valued at $3,222,454,000 after acquiring an additional 4,335,368 shares during the period. Finally, Invesco Ltd. boosted its stake in shares of T-Mobile US by 6.1% in the 3rd quarter. Invesco Ltd. now owns 7,903,104 shares of the Wireless communications provider’s stock valued at $1,891,845,000 after purchasing an additional 453,096 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

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Wall Street Analyst Weigh In

TMUS has been the topic of several analyst reports. Royal Bank Of Canada lowered their target price on shares of T-Mobile US from $270.00 to $255.00 and set an “outperform” rating on the stock in a report on Friday, January 16th. Weiss Ratings downgraded shares of T-Mobile US from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, January 12th. DZ Bank restated a “buy” rating on shares of T-Mobile US in a research report on Friday, February 13th. Sanford C. Bernstein reaffirmed a “neutral” rating on shares of T-Mobile US in a report on Thursday, February 19th. Finally, Barclays lifted their target price on shares of T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $257.30.

Read Our Latest Research Report on TMUS

Insider Buying and Selling

In other news, Director Raul Marcelo Claure sold 550,000 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the sale, the director directly owned 891,204 shares of the company’s stock, valued at $193,899,254.28. This represents a 38.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 3,291 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total transaction of $727,640.10. Following the completion of the sale, the director directly owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This represents a 76.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 694,134 shares of company stock valued at $150,847,799. Insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS opened at $211.36 on Thursday. The business has a fifty day moving average of $206.30 and a 200-day moving average of $212.14. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $272.60. The firm has a market cap of $232.89 billion, a PE ratio of 21.77, a price-to-earnings-growth ratio of 1.38 and a beta of 0.43.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be given a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 1.9%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is presently 42.02%.

T-Mobile US Profile

(Free Report)

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.

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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