Miller Howard Investments Inc. NY Increases Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Miller Howard Investments Inc. NY raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 3.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,285 shares of the Wireless communications provider’s stock after acquiring an additional 1,288 shares during the quarter. Miller Howard Investments Inc. NY’s holdings in T-Mobile US were worth $8,230,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Barclays PLC grew its holdings in T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider’s stock worth $653,160,000 after acquiring an additional 876,182 shares in the last quarter. International Assets Investment Management LLC raised its stake in T-Mobile US by 21,580.9% during the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after buying an additional 248,828 shares in the last quarter. Trust Co. of Vermont lifted its holdings in T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider’s stock worth $5,954,000 after buying an additional 2,865 shares during the last quarter. Swedbank AB increased its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider’s stock valued at $52,631,000 after acquiring an additional 12,411 shares during the last quarter. Finally, Rice Partnership LLC acquired a new stake in shares of T-Mobile US during the 4th quarter valued at approximately $7,678,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

TMUS has been the subject of several research reports. Citigroup lifted their price target on shares of T-Mobile US from $210.00 to $254.00 and gave the company a “buy” rating in a report on Monday, October 21st. Bank of America increased their target price on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, January 30th. Daiwa America upgraded shares of T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Tigress Financial upped their target price on shares of T-Mobile US from $280.00 to $290.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Wells Fargo & Company boosted their price objective on T-Mobile US from $220.00 to $235.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 30th. Seven investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and an average price target of $251.79.

Insider Buying and Selling

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares of the company’s stock, valued at approximately $1,241,140.99. The trade was a 16.61 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $237.73, for a total value of $4,754,600.00. Following the transaction, the chief executive officer now owns 378,124 shares in the company, valued at approximately $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 23,100 shares of company stock worth $5,501,978. Insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $246.24 on Friday. The business has a fifty day simple moving average of $225.96 and a 200-day simple moving average of $215.43. The stock has a market cap of $281.14 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $250.50.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate 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, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Investors of record on Friday, May 30th will be paid a $0.88 dividend. The ex-dividend date is Friday, May 30th. This represents a $3.52 annualized dividend and a dividend yield of 1.43%. T-Mobile US’s payout ratio 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.