Nordea Investment Management AB Acquires 73,508 Shares of T-Mobile US, Inc. $TMUS

Key Points

• Nordea Investment Management AB increased its stake in T‑Mobile by 3.7%, buying 73,508 shares to hold 2,034,292 shares (about 0.18% of the company) valued at roughly $413.8 million.
• Insiders have sold heavily recently — including Director Raul Marcelo Claure's sale of 550,000 shares — with total insider sales of 694,134 shares (≈$150.8 million) over the last 90 days, leaving insiders with about 0.37% ownership.
• Wall Street's consensus for TMUS is a "Moderate Buy" with a $257.30 price target, and the company announced a quarterly dividend of $1.02 (annualized $4.08) for a ~2.0% yield, ex‑dividend May 29.

Nordea Investment Management AB increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 3.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,034,292 shares of the Wireless communications provider's stock after purchasing an additional 73,508 shares during the quarter. Nordea Investment Management AB owned 0.18% of T-Mobile US worth $413,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of the business. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of T-Mobile US by 4.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider's stock worth $107,884,000 after acquiring an additional 19,486 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in T-Mobile US by 7.8% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider's stock worth $49,014,000 after purchasing an additional 14,800 shares during the last quarter. Varma Mutual Pension Insurance Co grew its stake in shares of T-Mobile US by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider's stock valued at $19,849,000 after purchasing an additional 6,700 shares during the period. CI Investments Inc. increased its position in shares of T-Mobile US by 37.8% during the 3rd quarter. CI Investments Inc. now owns 77,630 shares of the Wireless communications provider's stock valued at $18,583,000 after purchasing an additional 21,307 shares during the last quarter. Finally, Longbow Finance SA lifted its stake in shares of T-Mobile US by 22.2% in the 3rd quarter. Longbow Finance SA now owns 31,948 shares of the Wireless communications provider's stock worth $7,648,000 after purchasing an additional 5,805 shares during the period. 42.49% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total transaction of $727,640.10. Following the completion of the sale, the director directly owned 1,038 shares of the company's stock, valued at $229,501.80. This trade represents a 76.02% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Raul Marcelo Claure sold 550,000 shares of T-Mobile US stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the sale, the director owned 891,204 shares in the company, valued at approximately $193,899,254.28. The trade was a 38.16% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 694,134 shares of company stock worth $150,847,799 over the last ninety days. 0.37% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

TMUS has been the subject of a number of research reports. Argus reduced their target price on shares of T-Mobile US from $275.00 to $245.00 and set a "buy" rating for the company in a report on Tuesday, December 9th. JPMorgan Chase & Co. restated a "buy" rating on shares of T-Mobile US in a research note on Thursday, February 12th. BNP Paribas Exane lowered their target price on T-Mobile US from $300.00 to $275.00 and set an "outperform" rating on the stock in a research report on Friday, January 16th. Scotiabank reduced their price target on T-Mobile US from $270.50 to $266.00 and set a "sector outperform" rating for the company in a research report on Thursday, February 12th. Finally, Wall Street Zen downgraded T-Mobile US from a "hold" rating to a "sell" rating in a research note on Saturday, March 14th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $257.30.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $208.47 on Friday. The company has a market capitalization of $229.70 billion, a price-to-earnings ratio of 21.47, a PEG ratio of 1.36 and a beta of 0.43. The company has a quick ratio of 0.90, a current ratio of 1.00 and a debt-to-equity ratio of 1.45. The stock's 50-day simple moving average is $205.25 and its 200-day simple moving average is $213.02. T-Mobile US, Inc. has a 52 week low of $181.36 and a 52 week high of $272.60.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Friday, May 29th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a yield of 2.0%. The ex-dividend date is Friday, May 29th. T-Mobile US's dividend payout ratio is presently 42.02%.

T-Mobile US Profile

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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