T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. raised its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,239 shares of the Wireless communications provider’s stock after acquiring an additional 928 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in T-Mobile US were worth $3,584,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. DT Investment Partners LLC lifted its position in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after acquiring an additional 47 shares during the period. Dunhill Financial LLC raised its holdings in T-Mobile US by 76.7% during the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the last quarter. MFA Wealth Advisors LLC boosted its position in T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in T-Mobile US in the third quarter valued at $34,000. Finally, Bruce G. Allen Investments LLC increased its position in shares of T-Mobile US by 79.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 73 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on TMUS. KeyCorp cut shares of T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective on the stock. in a research note on Thursday, December 12th. Barclays raised their price objective on shares of T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research note on Thursday, October 24th. Scotiabank upped their target price on T-Mobile US from $234.00 to $247.00 and gave the company a “sector perform” rating in a research note on Thursday. Bank of America raised their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Oppenheimer upped their price objective on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday. Seven equities research 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $250.21.

Insider Transactions at T-Mobile US

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 transaction of $247,190.00. Following the sale, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Nestor Cano sold 11,100 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the completion of the transaction, the executive vice president now directly owns 4,400 shares of the company’s stock, valued at approximately $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 34,200 shares of company stock valued at $8,063,303 over the last quarter. Company insiders own 0.67% of the company’s stock.

T-Mobile US Stock Performance

T-Mobile US stock opened at $232.97 on Monday. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $248.15. The company has a market cap of $270.36 billion, a price-to-earnings ratio of 24.09, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. The stock’s 50-day moving average is $226.22 and its 200-day moving average is $213.53.

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 (EPS) for the quarter, topping 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 18.00%. Equities analysts anticipate that T-Mobile US, Inc. will post 10.15 earnings per share for the current year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 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.