Guardian Capital LLC Purchases Shares of 3,417 T-Mobile US, Inc. $TMUS

Guardian Capital LLC bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 3,417 shares of the Wireless communications provider’s stock, valued at approximately $694,000.

Several other institutional investors have also recently made changes to their positions in TMUS. Wellington Management Group LLP raised its position in shares of T-Mobile US by 47.5% in the 3rd quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after acquiring an additional 4,335,368 shares in the last quarter. Viking Global Investors LP raised its position in shares of T-Mobile US by 81.7% in the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock worth $677,925,000 after acquiring an additional 1,279,422 shares in the last quarter. Amundi raised its position in shares of T-Mobile US by 44.6% in the 3rd quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock worth $924,380,000 after acquiring an additional 1,266,808 shares in the last quarter. State Street Corp raised its position in shares of T-Mobile US by 4.7% in the 3rd quarter. State Street Corp now owns 24,234,085 shares of the Wireless communications provider’s stock worth $5,801,155,000 after acquiring an additional 1,092,769 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of T-Mobile US by 33.7% in the 3rd quarter. Ameriprise Financial Inc. now owns 3,477,553 shares of the Wireless communications provider’s stock worth $832,438,000 after acquiring an additional 877,384 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Moffett Nathanson raised T-Mobile US from a “neutral” rating to a “buy” rating and set a $254.00 target price for the company in a research report on Wednesday, April 8th. JPMorgan Chase & Co. decreased their target price on T-Mobile US from $300.00 to $275.00 and set an “overweight” rating for the company in a research report on Wednesday, April 29th. Scotiabank decreased their target price on T-Mobile US from $266.00 to $263.00 and set a “sector outperform” rating for the company in a research report on Wednesday, April 29th. Arete Research increased their target price on T-Mobile US from $295.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on T-Mobile US from $300.00 to $285.00 and set a “buy” rating for the company in a research report on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, T-Mobile US currently has an average rating of “Moderate Buy” and an average price target of $260.48.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of T-Mobile US stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total value of $727,640.10. Following the completion of the sale, the director owned 1,038 shares of the company’s stock, valued at approximately $229,501.80. This trade represents a 76.02% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andre Almeida bought 5,097 shares of T-Mobile US stock in a transaction on Friday, May 1st. The stock was acquired at an average cost of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider owned 44,850 shares in the company, valued at approximately $8,798,673. This represents a 12.82% increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders sold 149,134 shares of company stock worth $32,163,349. Insiders own 0.37% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $185.22 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $200.45 billion, a P/E ratio of 19.70, a PEG ratio of 1.09 and a beta of 0.33. The stock’s 50 day moving average is $201.37 and its 200 day moving average is $203.07. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $261.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.26. The company had revenue of $23.11 billion for the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm’s quarterly revenue was up 10.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.58 EPS. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.65 earnings per share for the current fiscal year.

T-Mobile US Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be paid a $1.02 dividend. The ex-dividend date is Friday, May 29th. This represents a $4.08 annualized dividend and a dividend yield of 2.2%. T-Mobile US’s dividend payout ratio is presently 43.40%.

T-Mobile US Profile

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.