Robeco Institutional Asset Management B.V. Decreases Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Robeco Institutional Asset Management B.V. decreased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 48.0% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 47,586 shares of the Wireless communications provider’s stock after selling 43,871 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in T-Mobile US were worth $81,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Wealth Management Group LLC acquired a new position in shares of T-Mobile US during the 4th quarter valued at $27,000. Valley National Advisers Inc. raised its position in T-Mobile US by 232.1% in the fourth quarter. Valley National Advisers Inc. now owns 176 shares of the Wireless communications provider’s stock valued at $28,000 after purchasing an additional 123 shares during the period. Baker Avenue Asset Management LP lifted its stake in shares of T-Mobile US by 63.3% during the third quarter. Baker Avenue Asset Management LP now owns 209 shares of the Wireless communications provider’s stock worth $29,000 after purchasing an additional 81 shares in the last quarter. Bay Harbor Wealth Management LLC purchased a new stake in shares of T-Mobile US in the fourth quarter worth about $34,000. Finally, Raleigh Capital Management Inc. grew its stake in shares of T-Mobile US by 54.5% in the third quarter. Raleigh Capital Management Inc. now owns 255 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 90 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of analyst reports. Royal Bank of Canada upped their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. StockNews.com downgraded shares of T-Mobile US from a “buy” rating to a “hold” rating in a research note on Friday. Oppenheimer reaffirmed an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. TD Cowen decreased their price objective on shares of T-Mobile US from $204.00 to $202.00 and set a “buy” rating for the company in a research report on Friday, April 26th. Finally, Tigress Financial lifted their target price on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 8th. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $186.33.

T-Mobile US Stock Performance

T-Mobile US stock opened at $166.00 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The company has a fifty day moving average price of $162.60 and a two-hundred day moving average price of $160.11. The company has a market cap of $194.53 billion, a PE ratio of 22.59, a P/E/G ratio of 0.64 and a beta of 0.48.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, beating the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the business posted $1.58 EPS. The company’s quarterly revenue was down .2% on a year-over-year basis. Research analysts expect that T-Mobile US, Inc. will post 9.02 earnings per share for the current year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Investors of record on Friday, May 31st will be issued a $0.65 dividend. This represents a $2.60 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Friday, May 31st. T-Mobile US’s dividend payout ratio (DPR) is 35.37%.

Insider Activity at T-Mobile US

In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Telekom Ag Deutsche sold 189,670 shares of the business’s stock in a transaction that occurred on Wednesday, May 22nd. The stock was sold at an average price of $165.06, for a total transaction of $31,306,930.20. Following the completion of the transaction, the director now directly owns 674,692,981 shares in the company, valued at $111,364,823,443.86. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Callie R. Field sold 5,844 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares in the company, valued at $17,274,364.20. The disclosure for this sale can be found here. Insiders sold 6,829,770 shares of company stock worth $1,112,065,505 in the last 90 days. 0.67% of the stock is currently owned by company insiders.

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.