T-Mobile US, Inc. (NASDAQ:TMUS) Position Boosted by Madison Asset Management LLC

Madison Asset Management LLC increased its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 210.0% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,000 shares of the Wireless communications provider's stock after buying an additional 21,000 shares during the period. Madison Asset Management LLC's holdings in T-Mobile US were worth $8,268,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC lifted its holdings in shares of T-Mobile US by 27.1% in the fourth quarter. LPL Financial LLC now owns 428,424 shares of the Wireless communications provider's stock valued at $94,566,000 after purchasing an additional 91,387 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US in the fourth quarter valued at approximately $28,000. Ashton Thomas Securities LLC raised its position in shares of T-Mobile US by 10.2% in the fourth quarter. Ashton Thomas Securities LLC now owns 954 shares of the Wireless communications provider's stock valued at $211,000 after buying an additional 88 shares during the last quarter. TIAA Trust National Association raised its position in shares of T-Mobile US by 7.3% in the fourth quarter. TIAA Trust National Association now owns 7,664 shares of the Wireless communications provider's stock valued at $1,692,000 after buying an additional 520 shares during the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. raised its position in shares of T-Mobile US by 12.4% in the fourth quarter. Meiji Yasuda Asset Management Co Ltd. now owns 26,115 shares of the Wireless communications provider's stock valued at $5,764,000 after buying an additional 2,884 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TMUS shares. Royal Bank Of Canada boosted their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company a "sector perform" rating in a research report on Friday. Bank of America started coverage on shares of T-Mobile US in a research report on Monday, July 7th. They issued a "neutral" rating and a $255.00 price objective for the company. Arete Research raised shares of T-Mobile US to a "strong-buy" rating in a research report on Tuesday, July 8th. Tigress Financial boosted their price objective on shares of T-Mobile US from $290.00 to $305.00 and gave the company a "buy" rating in a research report on Tuesday, April 29th. Finally, Wall Street Zen lowered shares of T-Mobile US from a "buy" rating to a "hold" rating in a research report on Saturday, May 24th. One analyst has rated the stock with a sell rating, thirteen have given a hold rating, nine have given a buy rating and three have issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $256.31.

T-Mobile US Stock Performance

Shares of NASDAQ:TMUS traded down $3.95 on Friday, reaching $243.55. 5,204,895 shares of the company's stock were exchanged, compared to its average volume of 4,120,475. The firm has a market capitalization of $274.10 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 1.35 and a beta of 0.62. T-Mobile US, Inc. has a fifty-two week low of $173.74 and a fifty-two week high of $276.49. The business's 50-day moving average is $235.19 and its two-hundred day moving average is $244.65. The company has a quick ratio of 1.08, a current ratio of 1.21 and a debt-to-equity ratio of 1.33.

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

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Investors of record on Friday, August 29th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, August 29th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.45%. T-Mobile US's dividend payout ratio (DPR) is presently 33.21%.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Telekom Ag Deutsche sold 69,840 shares of the firm's stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $232.63, for a total transaction of $16,246,879.20. Following the transaction, the director owned 646,822,764 shares of the company's stock, valued at approximately $150,470,379,589.32. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders have sold 1,326,510 shares of company stock valued at $305,246,018. 0.37% of the stock is owned by company insiders.

T-Mobile US Company 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.