Healthcare of Ontario Pension Plan Trust Fund Has $77.47 Million Stake in T-Mobile US, Inc. $TMUS

Healthcare of Ontario Pension Plan Trust Fund decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 1.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 381,544 shares of the Wireless communications provider’s stock after selling 4,107 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in T-Mobile US were worth $77,469,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of TMUS. Sei Investments Co. raised its stake in T-Mobile US by 6.3% in the 2nd quarter. Sei Investments Co. now owns 142,587 shares of the Wireless communications provider’s stock worth $33,972,000 after purchasing an additional 8,491 shares in the last quarter. Diversify Advisory Services LLC raised its stake in T-Mobile US by 315.7% in the 2nd quarter. Diversify Advisory Services LLC now owns 4,548 shares of the Wireless communications provider’s stock worth $1,147,000 after purchasing an additional 3,454 shares in the last quarter. Darwin Wealth Management LLC acquired a new stake in T-Mobile US in the 2nd quarter worth about $375,000. Raymond James Financial Inc. raised its stake in T-Mobile US by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 2,054,144 shares of the Wireless communications provider’s stock worth $489,420,000 after purchasing an additional 9,568 shares in the last quarter. Finally, Viking Global Investors LP raised its stake in 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. Institutional investors and hedge funds own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. Scotiabank dropped their price objective on shares of T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research note on Wednesday, April 29th. DZ Bank reissued a “buy” rating on shares of T-Mobile US in a report on Wednesday, May 6th. Freedom Capital raised shares of T-Mobile US from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. TD Cowen raised their target price on shares of T-Mobile US from $252.00 to $261.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of T-Mobile US in a report on Friday, April 10th. One 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. Based on data from MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and an average price target of $260.48.

Check Out Our Latest Stock Analysis on T-Mobile US

T-Mobile US Price Performance

TMUS stock opened at $189.10 on Monday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. T-Mobile US, Inc. has a 12 month low of $174.02 and a 12 month high of $261.56. The firm has a market cap of $204.64 billion, a P/E ratio of 20.12, a P/E/G ratio of 1.10 and a beta of 0.31. The company’s 50-day moving average price is $191.00 and its two-hundred day moving average price is $199.64.

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

T-Mobile US Dividend Announcement

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

Trending Headlines about T-Mobile US

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Insider Activity at T-Mobile US

In related news, insider Michael J. Katz sold 5,000 shares of T-Mobile US stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $195.81, for a total transaction of $979,050.00. Following the sale, the insider directly owned 181,930 shares of the company’s stock, valued at approximately $35,623,713.30. The trade was a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Andre Almeida purchased 5,097 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The shares were bought at an average cost of $196.18 per share, for a total transaction 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 disclosure for this purchase is available in the SEC filing. 0.32% of the stock is currently owned by insiders.

About T-Mobile US

(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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