T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Argus Investors Counsel Inc.

Argus Investors Counsel Inc. grew its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 8.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 1,196 shares of the Wireless communications provider’s stock after purchasing an additional 98 shares during the quarter. Argus Investors Counsel Inc.’s holdings in T-Mobile US were worth $264,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of the company. Wellington Management Group LLP boosted its stake in shares of T-Mobile US by 4.0% during the 3rd quarter. Wellington Management Group LLP now owns 15,524,529 shares of the Wireless communications provider’s stock worth $3,203,642,000 after acquiring an additional 602,786 shares in the last quarter. FMR LLC boosted its stake in shares of T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after acquiring an additional 1,522,394 shares in the last quarter. Franklin Resources Inc. boosted its stake in shares of T-Mobile US by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 6,553,703 shares of the Wireless communications provider’s stock worth $1,448,426,000 after acquiring an additional 590,711 shares in the last quarter. Barclays PLC boosted its stake in shares of 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. Finally, Principal Financial Group Inc. boosted its stake in shares of T-Mobile US by 2.5% during the 3rd quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider’s stock worth $408,297,000 after acquiring an additional 47,350 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

T-Mobile US Stock Performance

TMUS stock opened at $242.43 on Thursday. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83. The company has a 50 day moving average price of $225.95 and a 200 day moving average price of $214.72. T-Mobile US, Inc. has a fifty-two week low of $158.84 and a fifty-two week high of $248.15. The stock has a market capitalization of $281.34 billion, a PE ratio of 25.07, a price-to-earnings-growth ratio of 1.38 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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 18.09%. Analysts forecast that T-Mobile US, Inc. will post 10.18 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be issued a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.45%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on TMUS. JPMorgan Chase & Co. raised their target price on T-Mobile US from $250.00 to $265.00 and gave the stock an “overweight” rating in a research report on Thursday, January 30th. Morgan Stanley started coverage on T-Mobile US in a research report on Monday, December 16th. They issued an “overweight” rating and a $280.00 target price for the company. Oppenheimer increased their price objective on T-Mobile US from $250.00 to $275.00 and gave the stock an “outperform” rating in a report on Friday, January 31st. Raymond James lowered T-Mobile US from an “outperform” rating to a “market perform” rating in a report on Friday, October 25th. Finally, Barclays increased their price objective on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday. Seven equities research analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $251.26.

Insider Activity

In related news, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction on 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 completion of the transaction, the chief executive officer now directly owns 378,124 shares of the company’s stock, valued at approximately $89,891,418.52. This represents a 5.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Andre Almeida bought 3,808 shares of T-Mobile US stock in a transaction that occurred on Monday, December 9th. The stock was bought at an average cost of $235.72 per share, with a total value of $897,621.76. Following the completion of the purchase, the director now owns 3,808 shares in the company, valued at approximately $897,621.76. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders sold 23,100 shares of company stock valued at $5,501,978 in the last quarter. Company insiders own 0.67% of the company’s stock.

About T-Mobile US

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.