Blue Capital Inc. Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Blue Capital Inc. purchased a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,544 shares of the Wireless communications provider's stock, valued at approximately $341,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of TMUS. Norges Bank bought a new stake in T-Mobile US in the fourth quarter worth about $1,802,393,000. Canada Pension Plan Investment Board lifted its position in shares of T-Mobile US by 85.5% during the fourth quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of T-Mobile US during the fourth quarter valued at $452,721,000. Capital International Investors grew its holdings in shares of T-Mobile US by 36.2% in the fourth quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the last quarter. Finally, Barclays PLC lifted its holdings in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after buying an additional 876,182 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors.

T-Mobile US Stock Up 0.8 %

Shares of NASDAQ:TMUS opened at $248.88 on Monday. T-Mobile US, Inc. has a 52-week low of $161.61 and a 52-week high of $276.49. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. The business has a fifty day moving average of $258.13 and a two-hundred day moving average of $241.90. The stock has a market cap of $282.59 billion, a P/E ratio of 25.74, a PEG ratio of 1.55 and a beta of 0.69.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business had revenue of $20.89 billion for the quarter, compared to analyst estimates of $20.67 billion. During the same quarter in the prior year, the company posted $2.00 EPS. The company's quarterly revenue was up 6.6% on a year-over-year basis. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.41%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is 34.34%.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the business's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the transaction, the director now directly owns 3,291 shares of the company's stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.67% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on TMUS shares. Evercore ISI raised shares of T-Mobile US to a "strong-buy" rating in a research note on Thursday, January 23rd. Wells Fargo & Company restated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Barclays increased their price target on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Tigress Financial boosted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Finally, Oppenheimer raised their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Ten research analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and a consensus target price of $257.68.

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.

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