532,499 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 532,499 shares of the Wireless communications provider's stock, valued at approximately $117,539,000.

Several other institutional investors have also made changes to their positions in TMUS. Geode Capital Management LLC lifted its stake in T-Mobile US by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock worth $2,610,542,000 after purchasing an additional 90,755 shares during the period. Invesco Ltd. lifted its position in shares of T-Mobile US by 4.6% during the 4th quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock worth $1,944,503,000 after buying an additional 384,956 shares during the period. Norges Bank acquired a new stake in T-Mobile US in the 4th quarter valued at $1,802,393,000. Capital International Investors grew its position in 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 valued at $1,440,424,000 after acquiring an additional 1,734,998 shares during the period. Finally, Canada Pension Plan Investment Board raised its stake in 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 acquiring an additional 2,777,657 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.37% of the stock is currently owned by corporate insiders.

T-Mobile US Stock Performance

TMUS traded up $3.31 during trading hours on Friday, reaching $242.61. The company's stock had a trading volume of 8,312,867 shares, compared to its average volume of 4,237,591. The company's 50-day moving average is $251.04 and its 200-day moving average is $243.81. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a market cap of $275.47 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 1.55 and a beta of 0.69. T-Mobile US, Inc. has a 52 week low of $168.47 and a 52 week high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (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 during the quarter, compared to the consensus estimate of $20.67 billion. During the same period in the previous year, the company posted $2.00 EPS. The firm's quarterly revenue was up 6.6% on a year-over-year basis. On average, equities analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

Wall Street Analyst Weigh In

TMUS has been the topic of several analyst reports. Tigress Financial upped their target price on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a report on Tuesday, April 29th. Citigroup lowered shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a report on Wednesday, March 5th. Benchmark reaffirmed a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a report on Thursday, March 27th. Finally, Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and boosted their price objective for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. Eleven analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $257.68.

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.