Aberdeen Group plc Acquires 176,971 Shares of T-Mobile US, Inc. $TMUS

Key Points

• Aberdeen Group plc increased its holdings in T-Mobile US by 106.1%, owning 343,830 shares worth approximately $91.4 million after purchasing an additional 176,971 shares.
• Insider Telekom Ag Deutsche sold 69,840 shares of T-Mobile stock for about $16.63 million, reducing ownership by 0.01% but still holding a substantial stake valued at over $154 billion.
• T-Mobile US recently declared a quarterly dividend of $0.88 per share, with a dividend yield of 1.4% and a payout ratio of 33.21%.

Aberdeen Group plc boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 106.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 343,830 shares of the Wireless communications provider's stock after buying an additional 176,971 shares during the period. Aberdeen Group plc's holdings in T-Mobile US were worth $91,400,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. GAMMA Investing LLC grew its stake in T-Mobile US by 29,289.4% during the 1st quarter. GAMMA Investing LLC now owns 3,053,563 shares of the Wireless communications provider's stock valued at $814,416,000 after acquiring an additional 3,043,173 shares in the last quarter. Nuveen LLC bought a new stake in shares of T-Mobile US in the 1st quarter valued at approximately $618,248,000. Capital International Investors grew its stake in shares of T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after buying an additional 1,734,998 shares in the last quarter. Deutsche Bank AG grew its stake in shares of T-Mobile US by 38.8% in the 4th quarter. Deutsche Bank AG now owns 3,465,534 shares of the Wireless communications provider's stock valued at $764,947,000 after buying an additional 968,444 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of T-Mobile US by 25.4% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider's stock valued at $1,112,886,000 after buying an additional 844,932 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded up $0.55 during trading hours on Monday, reaching $255.18. The stock had a trading volume of 3,308,715 shares, compared to its average volume of 4,329,075. The business's fifty day moving average is $235.93 and its two-hundred day moving average is $247.58. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. The company has a market cap of $287.18 billion, a price-to-earnings ratio of 24.07, a PEG ratio of 1.39 and a beta of 0.62. T-Mobile US, Inc. has a twelve month low of $192.61 and a twelve month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 EPS for the quarter, beating analysts' consensus estimates of $2.69 by $0.15. The business had revenue of $21.13 billion during the quarter, compared to analyst estimates of $20.99 billion. T-Mobile US had a return on equity of 19.68% and a net margin of 14.53%. T-Mobile US's revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the company posted $2.49 earnings per share. As a group, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Shareholders of record on Friday, August 29th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.4%. The ex-dividend date is Friday, August 29th. T-Mobile US's dividend payout ratio is currently 33.21%.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the stock in a transaction on Monday, July 7th. The stock was sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director directly owned 647,660,844 shares in the company, valued at $154,195,093,739.52. This represents a 0.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold 1,974,370 shares of company stock worth $462,526,830 in the last three months. Corporate insiders own 0.37% of the company's stock.

Analysts Set New Price Targets

TMUS has been the subject of several recent research reports. Rothschild & Co Redburn raised T-Mobile US from a "sell" rating to a "neutral" rating and set a $228.00 price target for the company in a research note on Monday, July 7th. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $270.00 to $280.00 and gave the company an "overweight" rating in a research note on Thursday, July 24th. Royal Bank Of Canada boosted their price target on T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research note on Friday, July 25th. Bank of America initiated coverage on T-Mobile US in a research note on Monday, July 7th. They issued a "neutral" rating and a $255.00 price target for the company. Finally, Redburn Atlantic raised T-Mobile US from a "strong sell" rating to a "hold" rating and set a $228.00 price target for the company in a research note on Monday, July 7th. One equities research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have given a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $256.31.

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.