T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by MGO One Seven LLC

MGO One Seven LLC boosted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 25.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 8,081 shares of the Wireless communications provider's stock after purchasing an additional 1,618 shares during the quarter. MGO One Seven LLC's holdings in T-Mobile US were worth $1,784,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of TMUS. Geode Capital Management LLC lifted its position in T-Mobile US by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 11,857,917 shares of the Wireless communications provider's stock valued at $2,610,542,000 after acquiring an additional 90,755 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of T-Mobile US by 4.6% during the fourth quarter. Invesco Ltd. now owns 8,809,417 shares of the Wireless communications provider's stock valued at $1,944,503,000 after purchasing an additional 384,956 shares in the last quarter. Norges Bank purchased a new stake in shares of T-Mobile US during the fourth quarter valued at $1,802,393,000. Franklin Resources Inc. lifted its stake in T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider's stock valued at $1,448,426,000 after acquiring an additional 590,711 shares during the period. Finally, Capital International Investors grew its stake in shares of 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 acquiring an additional 1,734,998 shares during the period. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the completion of the transaction, the director now owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.67% of the stock is currently owned by insiders.

T-Mobile US Stock Up 1.4 %

Shares of TMUS stock traded up $3.46 during mid-day trading on Wednesday, hitting $245.05. 1,402,997 shares of the stock traded hands, compared to its average volume of 4,248,822. The stock's fifty day moving average is $259.35 and its two-hundred day moving average is $241.14. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. T-Mobile US, Inc. has a 52-week low of $161.61 and a 52-week high of $276.49. The stock has a market cap of $278.54 billion, a P/E ratio of 25.34, a P/E/G ratio of 1.55 and a beta of 0.63.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. The business had revenue of $20.89 billion for the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the prior year, the firm posted $2.00 earnings per share. Equities analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be paid a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.44%. T-Mobile US's payout ratio is 34.34%.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TMUS. Scotiabank upgraded T-Mobile US from a "sector perform" rating to a "sector outperform" rating and raised their price target for the stock from $275.00 to $277.50 in a research note on Wednesday. JPMorgan Chase & Co. boosted their price target on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Royal Bank of Canada increased their price target on shares of T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a research report on Friday, March 21st. Bank of America lifted their price target on shares of T-Mobile US from $240.00 to $255.00 and gave the company a "buy" rating in a report on Thursday, January 30th. Finally, Barclays raised their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research report on Monday, February 3rd. Ten investment analysts have rated the stock with a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $257.68.

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.