T-Mobile US, Inc. $TMUS Shares Bought by Nordea Investment Management AB

Nordea Investment Management AB increased its holdings in T-Mobile US, Inc. (NASDAQ:TMUS) by 2.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,960,784 shares of the Wireless communications provider’s stock after buying an additional 55,815 shares during the period. Nordea Investment Management AB’s holdings in T-Mobile US were worth $469,431,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of TMUS. Focus Partners Wealth grew its holdings in shares of T-Mobile US by 12.7% during the first quarter. Focus Partners Wealth now owns 13,284 shares of the Wireless communications provider’s stock valued at $3,543,000 after purchasing an additional 1,499 shares during the last quarter. RDA Financial Network grew its stake in T-Mobile US by 6.9% during the 2nd quarter. RDA Financial Network now owns 2,268 shares of the Wireless communications provider’s stock worth $540,000 after buying an additional 147 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. grew its stake in T-Mobile US by 17.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 3,984 shares of the Wireless communications provider’s stock worth $949,000 after buying an additional 583 shares during the last quarter. Parallel Advisors LLC increased its position in T-Mobile US by 0.9% in the second quarter. Parallel Advisors LLC now owns 12,187 shares of the Wireless communications provider’s stock worth $2,904,000 after buying an additional 108 shares during the period. Finally, Gallacher Capital Management LLC lifted its stake in T-Mobile US by 83.0% in the second quarter. Gallacher Capital Management LLC now owns 1,391 shares of the Wireless communications provider’s stock valued at $331,000 after buying an additional 631 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 T-Mobile US news, Director G Michael Sievert sold 22,500 shares of the stock in a transaction that occurred on Monday, November 17th. The shares were sold at an average price of $216.97, for a total value of $4,881,825.00. Following the completion of the sale, the director owned 308,696 shares in the company, valued at $66,977,771.12. This represents a 6.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Srini Gopalan purchased 9,800 shares of the stock in a transaction dated Thursday, November 6th. The shares were bought at an average price of $201.82 per share, for a total transaction of $1,977,836.00. Following the completion of the acquisition, the chief executive officer owned 90,258 shares in the company, valued at $18,215,869.56. This represents a 12.18% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have sold 464,045 shares of company stock worth $104,064,001. 0.37% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on TMUS. Barclays dropped their price objective on shares of T-Mobile US from $250.00 to $240.00 and set an “overweight” rating on the stock in a report on Friday, October 24th. KeyCorp upgraded T-Mobile US from an “underweight” rating to a “sector weight” rating in a research report on Tuesday, December 2nd. TD Cowen decreased their price objective on T-Mobile US from $291.00 to $263.00 and set a “buy” rating for the company in a report on Friday, October 24th. Wells Fargo & Company upgraded T-Mobile US from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $250.00 to $260.00 in a research report on Thursday, October 16th. Finally, Williams Trading set a $263.00 target price on T-Mobile US in a research note on Friday, October 24th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $260.17.

T-Mobile US Stock Down 1.5%

TMUS stock opened at $197.51 on Tuesday. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.89 and a quick ratio of 0.80. The firm has a market capitalization of $220.92 billion, a P/E ratio of 18.99, a P/E/G ratio of 1.14 and a beta of 0.45. T-Mobile US, Inc. has a 52-week low of $194.01 and a 52-week high of $276.49. The company’s 50 day simple moving average is $203.99 and its 200-day simple moving average is $225.53.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Thursday, October 23rd. The Wireless communications provider reported $2.41 EPS for the quarter, topping analysts’ consensus estimates of $2.40 by $0.01. T-Mobile US had a net margin of 13.83% and a return on equity of 19.76%. The firm had revenue of $21.96 billion during the quarter, compared to analyst estimates of $21.61 billion. During the same quarter last year, the business posted $2.61 EPS. The company’s revenue was up 8.9% on a year-over-year basis. As a group, equities research analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Investors of record on Friday, February 27th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, February 27th. T-Mobile US’s payout ratio is presently 39.23%.

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.