T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by American Century Companies Inc.

American Century Companies Inc. raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 5.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 361,889 shares of the Wireless communications provider’s stock after buying an additional 18,497 shares during the period. American Century Companies Inc.’s holdings in T-Mobile US were worth $79,880,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Rakuten Securities Inc. increased its stake in shares of T-Mobile US by 93.9% in the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 62 shares during the last quarter. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after acquiring an additional 56 shares during the last quarter. Financial Life Planners acquired a new position in T-Mobile US during the 4th quarter worth $29,000. Legacy Investment Solutions LLC bought a new stake in shares of T-Mobile US in the 3rd quarter worth about $34,000. Finally, Bruce G. Allen Investments LLC lifted its position in shares of T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock worth $36,000 after purchasing an additional 73 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the company’s stock in a transaction dated Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.67% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on T-Mobile US from $265.00 to $270.00 and gave the company an “overweight” rating in a research note on Tuesday, March 18th. Hsbc Global Res lowered T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Evercore ISI raised shares of T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Wells Fargo & Company reissued an “equal weight” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, Royal Bank of Canada boosted their price objective on T-Mobile US from $245.00 to $260.00 and gave the company a “sector perform” rating in a research report on Friday. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $255.80.

T-Mobile US Price Performance

Shares of TMUS opened at $258.96 on Tuesday. The company’s fifty day simple moving average is $249.10 and its 200 day simple moving average is $231.22. The company has a market cap of $295.67 billion, a price-to-earnings ratio of 26.78, a PEG ratio of 1.55 and a beta of 0.64. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 1-year low of $159.14 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, research analysts forecast that T-Mobile US, Inc. will post 10.37 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 Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.36%. The ex-dividend date is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

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.