Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 4,000 Shares of T-Mobile US, Inc. $TMUS

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its holdings in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 2.0% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 200,754 shares of the Wireless communications provider’s stock after selling 4,000 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in T-Mobile US were worth $40,761,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. JDM Financial Group LLC grew 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 acquiring an additional 65 shares during the last quarter. Turning Point Benefit Group Inc. grew 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 acquiring an additional 153 shares during the last quarter. Ares Financial Consulting LLC bought a new position in T-Mobile US in the 4th quarter valued at $38,000. United Community Bank grew 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 acquiring an additional 82 shares during the last quarter. Finally, WHI TRUST Co LLC bought a new position in T-Mobile US in the 4th quarter valued at $41,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

Shares of TMUS stock opened at $178.10 on Friday. T-Mobile US, Inc. has a twelve month low of $174.02 and a twelve month high of $261.56. The stock has a market capitalization of $192.74 billion, a price-to-earnings ratio of 18.95, a P/E/G ratio of 1.03 and a beta of 0.31. The stock has a fifty day simple moving average of $193.65 and a two-hundred day simple moving average of $200.69. 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:TMUSGet Free Report) last issued its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate 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 business had revenue of $23.11 billion during the quarter, compared to analysts’ expectations of $22.98 billion. During the same period in the prior year, the business earned $2.58 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. On average, analysts predict that T-Mobile US, Inc. will post 10.65 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio is 43.40%.

Analyst Ratings Changes

Several brokerages have commented on TMUS. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, April 29th. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 price objective on the stock in a research report on Wednesday, April 8th. TD Cowen upped their target price on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Morgan Stanley assumed coverage on T-Mobile US in a report on Thursday, April 16th. They issued an “overweight” rating and a $260.00 target price for the company. Finally, Wolfe Research reiterated an “outperform” rating and issued 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 issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $260.48.

View Our Latest Stock Analysis on TMUS

Insider Buying and Selling

In related news, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $195.81, for a total transaction of $979,050.00. Following the completion of the sale, the insider directly owned 181,930 shares in the company, valued at $35,623,713.30. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, COO Jon Freier sold 4,799 shares of the company’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $190.00, for a total value of $911,810.00. Following the sale, the chief operating officer owned 217,168 shares of the company’s stock, valued at $41,261,920. This trade represents 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 company insiders.

Key T-Mobile US News

Here are the key news stories impacting T-Mobile US this week:

T-Mobile US Company 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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