T-Mobile US, Inc. (NASDAQ:TMUS) Stock Holdings Raised by FUKOKU MUTUAL LIFE INSURANCE Co

FUKOKU MUTUAL LIFE INSURANCE Co increased its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 11.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,304 shares of the Wireless communications provider’s stock after acquiring an additional 430 shares during the period. FUKOKU MUTUAL LIFE INSURANCE Co’s holdings in T-Mobile US were worth $888,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. DT Investment Partners LLC grew its holdings in shares of T-Mobile US by 65.3% in the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after buying an additional 47 shares during the period. MFA Wealth Advisors LLC grew its holdings in T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after acquiring an additional 77 shares during the period. WASHINGTON TRUST Co grew its position in T-Mobile US by 143.1% in the 2nd quarter. WASHINGTON TRUST Co now owns 141 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 83 shares during the period. Y.D. More Investments Ltd purchased a new stake in T-Mobile US in the 2nd quarter valued at about $27,000. Finally, Summit Securities Group LLC bought a new position in shares of T-Mobile US during the 2nd quarter worth $27,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

TMUS stock opened at $237.75 on Friday. The stock has a market cap of $275.91 billion, a PE ratio of 27.11, a P/E/G ratio of 1.23 and a beta of 0.50. The firm has a 50 day simple moving average of $214.22 and a two-hundred day simple moving average of $191.62. 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 one year low of $145.77 and a one year high of $242.43.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, topping the consensus estimate of $2.32 by $0.29. The company had revenue of $20.16 billion during the quarter, compared to analyst estimates of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.82 earnings per share. On average, analysts predict that T-Mobile US, Inc. will post 9.36 EPS for the current fiscal year.

T-Mobile US Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Wednesday, November 27th will be given a $0.88 dividend. The ex-dividend date is Wednesday, November 27th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.48%. This is an increase from T-Mobile US’s previous quarterly dividend of $0.65. T-Mobile US’s payout ratio is presently 29.65%.

Insiders Place Their Bets

In related news, Director Raul Marcelo Claure sold 111,882 shares of the firm’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $197.84, for a total value of $22,134,734.88. Following the sale, the director now directly owns 1,828,910 shares in the company, valued at $361,831,554.40. This trade represents a 5.76 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 464,924 shares of company stock valued at $97,427,925. Insiders own 0.67% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of a number of research reports. Barclays increased their price target 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. Evercore ISI upped their target price on shares of T-Mobile US from $220.00 to $240.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. UBS Group lifted their price objective on T-Mobile US from $210.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Wells Fargo & Company upped their price target on shares of T-Mobile US from $230.00 to $240.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Finally, Benchmark lifted their price objective on shares of T-Mobile US from $250.00 to $255.00 and gave the company a “buy” rating in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $241.83.

T-Mobile US 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.