Clarius Group LLC Grows Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Clarius Group LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 47.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,352 shares of the Wireless communications provider's stock after purchasing an additional 1,710 shares during the quarter. Clarius Group LLC's holdings in T-Mobile US were worth $1,427,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Geode Capital Management LLC boosted its stake in T-Mobile US by 0.8% in 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 buying an additional 90,755 shares in the last quarter. Invesco Ltd. boosted its stake in T-Mobile US by 4.6% in the fourth 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 in the last quarter. Norges Bank purchased a new stake in T-Mobile US in the fourth quarter worth approximately $1,802,393,000. Capital International Investors boosted its stake 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 worth $1,440,424,000 after buying an additional 1,734,998 shares in the last quarter. Finally, Canada Pension Plan Investment Board boosted its stake in T-Mobile US by 85.5% in 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 buying an additional 2,777,657 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In related news, Director Telekom Ag Deutsche sold 69,840 shares of the company's stock in a transaction on Monday, June 16th. The stock was sold at an average price of $230.16, for a total value of $16,074,374.40. Following the sale, the director now directly owns 588,274,099 shares of the company's stock, valued at $135,397,166,625.84. This represents a 0.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.37% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the company. Tigress Financial upped their target price on T-Mobile US from $290.00 to $305.00 and gave the stock a "buy" rating in a research note on Tuesday, April 29th. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and upped their target price for the stock from $275.00 to $277.50 in a research note on Wednesday, April 30th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Citigroup lowered T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Finally, HSBC downgraded T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research report on Wednesday, March 5th. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $257.68.

T-Mobile US Trading Down 0.2%

Shares of T-Mobile US stock traded down $0.44 during midday trading on Thursday, reaching $220.99. 5,588,020 shares of the company's stock traded hands, compared to its average volume of 4,101,384. The company has a debt-to-equity ratio of 1.35, a quick ratio of 1.08 and a current ratio of 1.16. The company has a market cap of $250.92 billion, a PE ratio of 21.56, a price-to-earnings-growth ratio of 1.22 and a beta of 0.64. The stock has a 50 day moving average of $244.62 and a 200-day moving average of $243.40. T-Mobile US, Inc. has a 12 month low of $173.74 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 EPS for the quarter, beating analysts' consensus estimates of $2.48 by $0.10. The company had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 19.09% and a net margin of 14.41%. The firm's revenue for the quarter was up 6.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.00 earnings per share. As a group, equities analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be paid a $0.88 dividend. The ex-dividend date is Friday, August 29th. This represents a $3.52 annualized dividend and a yield of 1.59%. T-Mobile US's payout ratio is 34.34%.

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.