T-Mobile US, Inc. $TMUS Shares Acquired by Capital International Investors

Key Points

• Capital International Investors boosted its T‑Mobile stake by 5.5% in Q3 to 13,726,288 shares (about 1.23% of the company), valued at roughly $3.29 billion.
• Insiders sold a total of 694,134 shares over the last quarter (≈$150.85 million), including notable sales by Mark Wolfe Nelson and Director Srikant Datar, leaving insiders with just 0.37% ownership.
• Wall Street consensus is a Moderate Buy with an average target of $257.09, although some firms (Morgan Stanley, Citigroup) have recently lowered their price targets.

Capital International Investors boosted its holdings in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.5% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,726,288 shares of the Wireless communications provider's stock after purchasing an additional 711,278 shares during the quarter. Capital International Investors owned about 1.23% of T-Mobile US worth $3,285,608,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Allworth Financial LP boosted its position in shares of T-Mobile US by 14.2% in the 2nd quarter. Allworth Financial LP now owns 6,530 shares of the Wireless communications provider's stock valued at $1,556,000 after purchasing an additional 810 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its stake in 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 valued at $107,884,000 after buying an additional 19,486 shares during the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its holdings in shares of 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 valued at $49,014,000 after acquiring an additional 14,800 shares during the period. Varma Mutual Pension Insurance Co grew its position in shares of T-Mobile US by 8.8% during the third quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider's stock worth $19,849,000 after acquiring an additional 6,700 shares during the last quarter. Finally, Xponance Inc. increased its holdings in shares of T-Mobile US by 17.7% in the 3rd quarter. Xponance Inc. now owns 80,749 shares of the Wireless communications provider's stock valued at $19,330,000 after acquiring an additional 12,143 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have commented on TMUS shares. UBS Group restated a "buy" rating on shares of T-Mobile US in a research note on Thursday, February 12th. JPMorgan Chase & Co. reissued a "buy" rating on shares of T-Mobile US in a report on Thursday, February 12th. Morgan Stanley dropped their price objective on shares of T-Mobile US from $280.00 to $260.00 and set an "overweight" rating on the stock in a research note on Wednesday, December 10th. Zacks Research upgraded shares of T-Mobile US from a "strong sell" rating to a "hold" rating in a research note on Wednesday, November 26th. Finally, Citigroup cut their target price on T-Mobile US from $268.00 to $220.00 and set a "neutral" rating for the company in a research note on Friday, December 19th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $257.09.

Insiders Place Their Bets

In related news, insider Mark Wolfe Nelson sold 10,240 shares of the stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $220.80, for a total value of $2,260,992.00. Following the sale, the insider directly owned 74,280 shares of the company's stock, valued at approximately $16,401,024. This represents a 12.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Srikant M. Datar sold 3,291 shares of the firm's stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $221.10, for a total transaction of $727,640.10. Following the transaction, the director owned 1,038 shares of the company's stock, valued at $229,501.80. This trade represents a 76.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 694,134 shares of company stock valued at $150,847,799. Company insiders own 0.37% of the company's stock.

T-Mobile US Stock Performance

Shares of TMUS stock opened at $217.50 on Tuesday. The stock has a fifty day moving average price of $203.07 and a 200 day moving average price of $215.25. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.90 and a current ratio of 1.00. The stock has a market cap of $239.65 billion, a PE ratio of 22.40, a P/E/G ratio of 1.43 and a beta of 0.42. T-Mobile US, Inc. has a 1 year low of $181.36 and a 1 year high of $272.60.

About T-Mobile US

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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