Bristol John W & Co. Inc. NY Has $114.34 Million Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Bristol John W & Co. Inc. NY cut its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 713,128 shares of the Wireless communications provider's stock after selling 37,945 shares during the quarter. T-Mobile US comprises 2.1% of Bristol John W & Co. Inc. NY's holdings, making the stock its 18th biggest position. Bristol John W & Co. Inc. NY owned approximately 0.06% of T-Mobile US worth $114,336,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of TMUS. Norges Bank bought a new stake in shares of T-Mobile US during the 4th quarter worth about $2,801,442,000. Clearbridge Investments LLC raised its position in shares of T-Mobile US by 243.9% during the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider's stock worth $409,040,000 after buying an additional 2,071,489 shares in the last quarter. Morgan Stanley raised its position in shares of T-Mobile US by 18.8% during the 4th quarter. Morgan Stanley now owns 10,984,556 shares of the Wireless communications provider's stock worth $1,537,838,000 after buying an additional 1,742,108 shares in the last quarter. Canada Pension Plan Investment Board raised its position in shares of T-Mobile US by 90.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider's stock worth $350,983,000 after buying an additional 1,190,813 shares in the last quarter. Finally, Third Point LLC acquired a new position in shares of T-Mobile US in the 3rd quarter worth approximately $140,050,000. 42.49% of the stock is currently owned by institutional investors.

Insider Transactions at T-Mobile US

In other news, insider Michael J. Katz sold 3,000 shares of the business's stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares in the company, valued at $20,514,632.14. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Telekom Ag Deutsche sold 194,910 shares of the business's stock in a transaction on Thursday, January 18th. The shares were sold at an average price of $164.54, for a total transaction of $32,070,491.40. Following the transaction, the director now owns 691,295,201 shares of the company's stock, valued at $113,745,712,372.54. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Michael J. Katz sold 3,000 shares of the business's stock in a transaction on Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the transaction, the insider now directly owns 125,687 shares in the company, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,884,080 shares of company stock worth $956,514,564. 0.70% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on TMUS shares. Raymond James lifted their price objective on shares of T-Mobile US from $180.00 to $185.00 and gave the stock a "strong-buy" rating in a research note on Friday, January 26th. KeyCorp lowered their price objective on shares of T-Mobile US from $183.00 to $175.00 and set an "overweight" rating on the stock in a research note on Friday, January 26th. Oppenheimer reaffirmed an "outperform" rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. Morgan Stanley lifted their target price on shares of T-Mobile US from $180.00 to $186.00 and gave the stock an "overweight" rating in a research report on Monday, January 29th. Finally, Wells Fargo & Company lifted their target price on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Monday, January 22nd. One research analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and a consensus target price of $185.93.

T-Mobile US Stock Down 0.4 %

NASDAQ TMUS traded down $0.64 during trading on Friday, reaching $160.05. The company's stock had a trading volume of 3,827,460 shares, compared to its average volume of 3,963,603. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The stock has a market capitalization of $189.96 billion, a PE ratio of 23.10, a PEG ratio of 0.65 and a beta of 0.49. The business has a 50-day moving average price of $162.38 and a 200-day moving average price of $155.60. T-Mobile US, Inc. has a 1-year low of $124.92 and a 1-year high of $168.64.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.90 by ($0.23). The business had revenue of $20.48 billion during the quarter, compared to analyst estimates of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. T-Mobile US's revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.18 earnings per share. On average, research analysts forecast that T-Mobile US, Inc. will post 8.95 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be paid a $0.65 dividend. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Friday, May 31st. T-Mobile US's payout ratio is 37.52%.

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.