T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Lifted by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 4.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,353 shares of the Wireless communications provider’s stock after purchasing an additional 1,003 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in T-Mobile US were worth $4,065,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank purchased a new position in T-Mobile US in the fourth quarter valued at about $2,801,442,000. Morgan Stanley lifted its position in shares of T-Mobile US by 0.9% in the third quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider’s stock worth $1,576,332,000 after buying an additional 104,490 shares during the last quarter. Royal Bank of Canada lifted its position in shares of T-Mobile US by 7.1% in the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after buying an additional 693,443 shares during the last quarter. Invesco Ltd. lifted its position in shares of T-Mobile US by 0.6% in the third quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider’s stock worth $1,074,920,000 after buying an additional 45,196 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of T-Mobile US by 0.7% in the third quarter. Bank of New York Mellon Corp now owns 6,725,113 shares of the Wireless communications provider’s stock worth $902,309,000 after buying an additional 47,956 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

TMUS has been the subject of a number of analyst reports. Citigroup boosted their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a “buy” rating in a research report on Monday, March 25th. KeyCorp reduced their price target on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday, January 26th. Wells Fargo & Company boosted their price target on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a research report on Monday, January 22nd. Morgan Stanley boosted their price objective on T-Mobile US from $180.00 to $186.00 and gave the stock an “overweight” rating in a research report on Monday, January 29th. Finally, Raymond James boosted their price objective on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a research report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $185.93.

T-Mobile US Trading Up 0.9 %

T-Mobile US stock opened at $162.33 on Friday. The business has a 50 day moving average price of $162.28 and a two-hundred day moving average price of $156.24. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The stock has a market cap of $192.66 billion, a price-to-earnings ratio of 23.42, a price-to-earnings-growth ratio of 0.66 and a beta of 0.49. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company had revenue of $20.48 billion during the quarter, compared to the consensus estimate of $19.67 billion. During the same quarter in the prior year, the company posted $1.18 earnings per share. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. As a group, equities analysts forecast that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. The ex-dividend date of this dividend is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.60%. T-Mobile US’s dividend payout ratio is currently 37.52%.

Insider Activity

In other news, Director Telekom Ag Deutsche sold 194,910 shares of the company’s stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $162.75, for a total value of $31,721,602.50. Following the sale, the director now directly owns 690,515,561 shares in the company, valued at approximately $112,381,407,552.75. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the stock in a transaction that occurred on Wednesday, January 24th. The stock was sold at an average price of $162.75, for a total transaction of $31,721,602.50. Following the sale, the director now directly owns 690,515,561 shares in the company, valued at approximately $112,381,407,552.75. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $163.22, for a total value of $489,660.00. Following the sale, the insider now owns 125,687 shares in the company, valued at $20,514,632.14. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 6,006,369 shares of company stock worth $974,765,696. Company insiders own 0.70% of the company’s stock.

About T-Mobile US

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.