Flputnam Investment Management Co. Has $21.91 Million Stake in T-Mobile US, Inc. (NASDAQ:TMUS)

Flputnam Investment Management Co. boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 16.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,633 shares of the Wireless communications provider's stock after purchasing an additional 18,826 shares during the period. Flputnam Investment Management Co.'s holdings in T-Mobile US were worth $21,906,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Capital Analysts LLC increased its position in T-Mobile US by 1.1% during the fourth quarter. Capital Analysts LLC now owns 16,469 shares of the Wireless communications provider's stock worth $2,640,000 after buying an additional 177 shares in the last quarter. Keel Point LLC purchased a new position in T-Mobile US during the fourth quarter worth $221,000. Mackenzie Financial Corp increased its position in T-Mobile US by 44.7% during the fourth quarter. Mackenzie Financial Corp now owns 299,488 shares of the Wireless communications provider's stock worth $48,017,000 after buying an additional 92,532 shares in the last quarter. Dakota Wealth Management boosted its holdings in T-Mobile US by 15.7% in the fourth quarter. Dakota Wealth Management now owns 21,881 shares of the Wireless communications provider's stock valued at $3,508,000 after acquiring an additional 2,967 shares during the last quarter. Finally, MBM Wealth Consultants LLC purchased a new position in T-Mobile US in the fourth quarter valued at about $974,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on TMUS shares. Oppenheimer reissued an "outperform" rating and issued a $190.00 price objective on shares of T-Mobile US in a research report on Wednesday, April 3rd. Benchmark reissued a "buy" rating and issued a $200.00 price objective on shares of T-Mobile US in a research report on Friday, January 26th. Tigress Financial raised their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a "buy" rating in a research report on Thursday, February 8th. Royal Bank of Canada reissued an "outperform" rating and issued a $184.00 price objective on shares of T-Mobile US in a research report on Wednesday, March 20th. Finally, KeyCorp dropped their target price on T-Mobile US from $183.00 to $175.00 and set an "overweight" rating on the stock in a research report on Friday, January 26th. One equities research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $185.93.

Insider Transactions at T-Mobile US

In other T-Mobile US news, CEO G Michael Sievert sold 40,000 shares of the company's stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $161.05, for a total value of $6,442,000.00. Following the completion of the sale, the chief executive officer now directly owns 496,036 shares in the company, valued at $79,886,597.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other T-Mobile US news, insider Callie R. Field sold 5,844 shares of the company's stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the transaction, the insider now owns 102,555 shares of the company's stock, valued at $17,274,364.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO G Michael Sievert sold 40,000 shares of the company's stock in a transaction on Thursday, February 15th. The shares were sold at an average price of $161.05, for a total value of $6,442,000.00. Following the completion of the transaction, the chief executive officer now directly owns 496,036 shares in the company, valued at approximately $79,886,597.80. 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. Company insiders own 0.70% of the company's stock.

T-Mobile US Stock Performance

TMUS stock traded down $0.23 during midday trading on Monday, reaching $159.82. The company had a trading volume of 4,489,711 shares, compared to its average volume of 4,542,771. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.18. The stock has a 50 day moving average price of $162.34 and a 200 day moving average price of $155.74. T-Mobile US, Inc. has a fifty-two week low of $124.92 and a fifty-two week high of $168.64. The firm has a market capitalization of $189.69 billion, a PE ratio of 23.06, a P/E/G ratio of 0.65 and a beta of 0.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing analysts' consensus estimates of $1.90 by ($0.23). The company 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%. The business's revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.18 earnings per share. Analysts anticipate that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be given a dividend of $0.65 per share. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a dividend yield of 1.63%. T-Mobile US's dividend payout ratio is presently 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.