Cozad Asset Management Inc. Buys 10,250 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Cozad Asset Management Inc. grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 94.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,098 shares of the Wireless communications provider's stock after purchasing an additional 10,250 shares during the quarter. Cozad Asset Management Inc.'s holdings in T-Mobile US were worth $3,383,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the stock. Morgan Stanley grew its stake in shares of T-Mobile US by 0.9% during the third quarter. Morgan Stanley now owns 11,255,490 shares of the Wireless communications provider's stock valued at $1,576,332,000 after acquiring an additional 104,490 shares in the last quarter. Royal Bank of Canada raised its holdings in T-Mobile US by 7.1% in the third quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider's stock valued at $1,471,269,000 after acquiring an additional 693,443 shares in the last quarter. Invesco Ltd. boosted its stake in T-Mobile US by 0.6% during the 3rd quarter. Invesco Ltd. now owns 7,675,261 shares of the Wireless communications provider's stock valued at $1,074,920,000 after acquiring an additional 45,196 shares during the last quarter. California Public Employees Retirement System raised its stake in shares of T-Mobile US by 10.1% in the 4th quarter. California Public Employees Retirement System now owns 3,455,969 shares of the Wireless communications provider's stock valued at $554,096,000 after purchasing an additional 316,617 shares in the last quarter. Finally, Clearbridge Investments LLC grew 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 valued at $409,040,000 after buying an additional 2,071,489 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company's stock.

Analyst Ratings Changes

TMUS has been the topic of several analyst reports. Wells Fargo & Company increased their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Monday, January 22nd. Benchmark reissued a "buy" rating and set a $200.00 target price on shares of T-Mobile US in a research note on Friday, January 26th. TD Cowen decreased their price target on T-Mobile US from $204.00 to $202.00 and set a "buy" rating for the company in a research note on Friday. Raymond James increased their target price on shares of T-Mobile US from $180.00 to $185.00 and gave the company a "strong-buy" rating in a research report on Friday, January 26th. Finally, KeyCorp boosted their price target on shares of T-Mobile US from $175.00 to $185.00 and gave the stock an "overweight" rating in a research report on Friday. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $186.33.

T-Mobile US Stock Down 0.0 %

TMUS traded down $0.08 during trading on Tuesday, reaching $164.17. 4,122,347 shares of the stock were exchanged, compared to its average volume of 4,545,801. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The stock's 50 day moving average price is $162.58 and its two-hundred day moving average price is $157.34. The stock has a market cap of $194.85 billion, a P/E ratio of 22.31, a price-to-earnings-growth ratio of 0.67 and a beta of 0.49. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.86 and a current ratio of 0.94.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, beating analysts' consensus estimates of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The business had revenue of $19.59 billion during the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the business earned $1.58 EPS. T-Mobile US's revenue was down .2% compared to the same quarter last year. Equities analysts expect that T-Mobile US, Inc. will post 8.97 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be paid a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date is Friday, May 31st. T-Mobile US's dividend payout ratio (DPR) is presently 35.37%.

Insider Activity

In other T-Mobile US news, insider Michael J. Katz sold 3,000 shares of the firm'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 sale, the insider now owns 125,687 shares of the company's stock, valued at approximately $20,514,632.14. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. In other T-Mobile US news, Director Teresa Taylor sold 12,022 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the sale, the director now owns 13,014 shares in the company, valued at approximately $2,105,665.20. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, insider Michael J. Katz sold 3,000 shares of the firm's stock in a transaction on Monday, April 1st. The stock was 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 of the company's stock, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. In the last 90 days, insiders sold 5,985,409 shares of company stock valued at $971,083,803. Corporate insiders own 0.70% of the company's stock.

About T-Mobile US

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.