Charles Schwab Investment Management Inc. Boosts Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Charles Schwab Investment Management Inc. grew its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,029,587 shares of the Wireless communications provider's stock after purchasing an additional 55,103 shares during the quarter. Charles Schwab Investment Management Inc. owned about 0.26% of T-Mobile US worth $485,734,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Verdence Capital Advisors LLC grew its position in T-Mobile US by 11.7% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,384 shares of the Wireless communications provider's stock worth $334,000 after purchasing an additional 249 shares during the last quarter. BluePath Capital Management LLC acquired a new position in shares of T-Mobile US in the 3rd quarter valued at $26,000. Mackenzie Financial Corp increased its position in shares of T-Mobile US by 9.3% in the 3rd quarter. Mackenzie Financial Corp now owns 206,956 shares of the Wireless communications provider's stock valued at $28,235,000 after acquiring an additional 17,596 shares during the period. Strs Ohio raised its stake in T-Mobile US by 27.4% in the 3rd quarter. Strs Ohio now owns 322,585 shares of the Wireless communications provider's stock worth $45,178,000 after acquiring an additional 69,331 shares during the last quarter. Finally, Waldron Private Wealth LLC lifted its position in T-Mobile US by 8.3% during the 3rd quarter. Waldron Private Wealth LLC now owns 8,591 shares of the Wireless communications provider's stock worth $1,203,000 after acquiring an additional 658 shares during the period. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Telekom Ag Deutsche sold 189,670 shares of the company's stock in a transaction that occurred on Monday, May 6th. The stock was sold at an average price of $162.43, for a total value of $30,808,098.10. Following the completion of the sale, the director now directly owns 676,969,021 shares in the company, valued at $109,960,078,081.03. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Michael J. Katz sold 6,655 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $161.23, for a total transaction of $1,072,985.65. Following the completion of the transaction, the insider now directly owns 126,616 shares in the company, valued at approximately $20,414,297.68. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Telekom Ag Deutsche sold 189,670 shares of the business's stock in a transaction dated Monday, May 6th. The shares were sold at an average price of $162.43, for a total transaction of $30,808,098.10. Following the completion of the sale, the director now owns 676,969,021 shares in the company, valued at $109,960,078,081.03. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,537,157 shares of company stock worth $1,062,270,599. 0.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on TMUS shares. Wells Fargo & Company increased their price objective on T-Mobile US from $175.00 to $185.00 and gave the company an "overweight" rating in a report on Monday, January 22nd. KeyCorp lifted their price objective on shares of T-Mobile US from $175.00 to $185.00 and gave the company an "overweight" rating in a research note on Friday, April 26th. Oppenheimer reiterated an "outperform" rating and issued a $190.00 price objective on shares of T-Mobile US in a research note on Wednesday, April 3rd. TD Cowen decreased their target price on shares of T-Mobile US from $204.00 to $202.00 and set a "buy" rating for the company in a research report on Friday, April 26th. Finally, Citigroup increased their price target on T-Mobile US from $176.00 to $184.00 and gave the stock a "buy" rating in a research report on Monday, March 25th. One analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US has an average rating of "Buy" and a consensus target price of $186.33.

T-Mobile US Price Performance

TMUS stock traded down $0.18 during trading on Tuesday, hitting $162.19. The stock had a trading volume of 4,611,065 shares, compared to its average volume of 4,564,401. The company's 50-day moving average price is $162.61 and its two-hundred day moving average price is $158.34. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64. The stock has a market capitalization of $190.06 billion, a P/E ratio of 22.07, a PEG ratio of 0.64 and a beta of 0.48. The company has a debt-to-equity ratio of 1.25, a current ratio of 0.94 and a quick ratio of 0.86.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The Wireless communications provider reported $2.00 EPS for the quarter, topping the consensus estimate of $1.83 by $0.17. The firm had revenue of $19.59 billion during the quarter, compared to analysts' expectations of $19.81 billion. T-Mobile US had a return on equity of 13.61% and a net margin of 11.15%. The firm's revenue for the quarter was down .2% on a year-over-year basis. During the same period in the previous year, the business earned $1.58 earnings per share. As a group, research analysts predict that T-Mobile US, Inc. will post 9.01 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 1.60%. The ex-dividend date is Friday, May 31st. T-Mobile US's dividend payout ratio is currently 35.37%.

T-Mobile US 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.

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