T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,794 shares of the Wireless communications provider’s stock after purchasing an additional 280 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in T-Mobile US were worth $25,992,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TMUS. Principal Financial Group Inc. grew its holdings in T-Mobile US by 2.5% in the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock valued at $408,297,000 after buying an additional 47,350 shares in the last quarter. Los Angeles Capital Management LLC raised its holdings in T-Mobile US by 155.1% in the 3rd quarter. Los Angeles Capital Management LLC now owns 11,093 shares of the Wireless communications provider’s stock valued at $2,289,000 after buying an additional 6,745 shares during the period. Venturi Wealth Management LLC lifted its position in T-Mobile US by 14.7% in the third quarter. Venturi Wealth Management LLC now owns 704 shares of the Wireless communications provider’s stock valued at $145,000 after buying an additional 90 shares during the last quarter. Versor Investments LP acquired a new position in T-Mobile US in the third quarter valued at about $702,000. Finally, Nations Financial Group Inc. IA ADV boosted its stake in T-Mobile US by 3.6% during the third quarter. Nations Financial Group Inc. IA ADV now owns 2,646 shares of the Wireless communications provider’s stock worth $546,000 after buying an additional 91 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TMUS has been the topic of several recent analyst reports. HSBC lowered shares of T-Mobile US from a “buy” rating to a “hold” rating and set a $270.00 price objective on the stock. in a report on Wednesday, March 5th. Royal Bank of Canada reaffirmed a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Oppenheimer raised their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Nine equities research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $254.10.

T-Mobile US Trading Up 1.4 %

NASDAQ TMUS opened at $259.10 on Friday. The firm’s fifty day moving average price is $242.93 and its 200 day moving average price is $227.96. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a market capitalization of $295.83 billion, a price-to-earnings ratio of 26.79, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, sell-side analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.67% of the stock is owned by company insiders.

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.