Loudon Investment Management LLC Buys 13,185 Shares of T-Mobile US, Inc. $TMUS

Loudon Investment Management LLC increased its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 174.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,750 shares of the Wireless communications provider’s stock after purchasing an additional 13,185 shares during the quarter. T-Mobile US accounts for 2.6% of Loudon Investment Management LLC’s portfolio, making the stock its 11th largest position. Loudon Investment Management LLC’s holdings in T-Mobile US were worth $4,967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Norges Bank purchased a new stake in T-Mobile US during the second quarter valued at $1,477,780,000. Wellington Management Group LLP boosted its position in T-Mobile US by 47.5% in the third quarter. Wellington Management Group LLP now owns 13,461,669 shares of the Wireless communications provider’s stock worth $3,222,454,000 after purchasing an additional 4,335,368 shares during the last quarter. Marshall Wace LLP grew its stake in shares of T-Mobile US by 2,303.2% during the 2nd quarter. Marshall Wace LLP now owns 1,797,086 shares of the Wireless communications provider’s stock valued at $428,174,000 after purchasing an additional 1,878,654 shares during the period. Viking Global Investors LP increased its position in shares of T-Mobile US by 81.7% during the 2nd quarter. Viking Global Investors LP now owns 2,845,316 shares of the Wireless communications provider’s stock valued at $677,925,000 after purchasing an additional 1,279,422 shares during the last quarter. Finally, Amundi increased its position in shares of T-Mobile US by 44.6% during the 3rd quarter. Amundi now owns 4,109,084 shares of the Wireless communications provider’s stock valued at $924,380,000 after purchasing an additional 1,266,808 shares during the last quarter. Institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling at T-Mobile US

In other news, Director Raul Marcelo Claure sold 550,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $217.57, for a total transaction of $119,663,500.00. Following the sale, the director directly owned 891,204 shares in the company, valued at $193,899,254.28. This trade represents a 38.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director G Michael Sievert sold 80,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $214.94, for a total transaction of $17,195,200.00. Following the completion of the transaction, the director directly owned 140,696 shares of the company’s stock, valued at $30,241,198.24. This represents a 36.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 694,134 shares of company stock valued at $150,847,799. 0.37% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

TMUS has been the topic of a number of research reports. Zacks Research raised shares of T-Mobile US from a “strong sell” rating to a “hold” rating in a report on Wednesday, November 26th. TD Cowen decreased their price target on shares of T-Mobile US from $263.00 to $252.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. Scotiabank dropped their price target on shares of T-Mobile US from $270.50 to $266.00 and set a “sector outperform” rating on the stock in a research note on Thursday, February 12th. Barclays boosted their price objective on shares of T-Mobile US from $240.00 to $245.00 and gave the company an “overweight” rating in a research report on Thursday, February 12th. Finally, Wells Fargo & Company upped their price objective on T-Mobile US from $225.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $257.09.

T-Mobile US Trading Down 1.2%

Shares of NASDAQ:TMUS opened at $214.82 on Tuesday. The stock has a 50 day moving average of $204.44 and a 200 day moving average of $213.99. The company has a market cap of $236.70 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 1.41 and a beta of 0.42. T-Mobile US, Inc. has a 12-month low of $181.36 and a 12-month high of $272.60. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45.

About T-Mobile US

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.