Robeco Institutional Asset Management B.V. Grows Stock Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Robeco Institutional Asset Management B.V. boosted its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 20.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 191,545 shares of the Wireless communications provider’s stock after buying an additional 32,801 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in T-Mobile US were worth $42,280,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Perigon Wealth Management LLC grew its stake in shares of T-Mobile US by 6.3% in the fourth quarter. Perigon Wealth Management LLC now owns 3,636 shares of the Wireless communications provider’s stock worth $785,000 after acquiring an additional 215 shares during the last quarter. YHB Investment Advisors Inc. grew its position in T-Mobile US by 7.1% during the 4th quarter. YHB Investment Advisors Inc. now owns 23,999 shares of the Wireless communications provider’s stock valued at $5,297,000 after purchasing an additional 1,588 shares during the last quarter. Acorn Creek Capital LLC purchased a new stake in T-Mobile US during the 4th quarter valued at about $238,000. BankPlus Wealth Management LLC purchased a new position in T-Mobile US in the fourth quarter worth about $380,000. Finally, Nilsine Partners LLC raised its holdings in T-Mobile US by 89.1% in the fourth quarter. Nilsine Partners LLC now owns 5,623 shares of the Wireless communications provider’s stock worth $1,241,000 after buying an additional 2,650 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Wall Street Analyst Weigh In

TMUS has been the subject of several analyst reports. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. UBS Group boosted their price target on T-Mobile US from $210.00 to $255.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. KeyCorp cut 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 report on Thursday, December 12th. Oppenheimer boosted their target price on T-Mobile US from $215.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, Barclays raised their price target on shares of T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a report on Thursday, October 24th. Seven research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, T-Mobile US has a consensus rating of “Moderate Buy” and a consensus price target of $245.74.

T-Mobile US Stock Up 6.3 %

NASDAQ TMUS opened at $235.15 on Thursday. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The company has a quick ratio of 0.99, a current ratio of 1.08 and a debt-to-equity ratio of 1.23. The company has a market capitalization of $272.89 billion, a P/E ratio of 26.81, a price-to-earnings-growth ratio of 1.08 and a beta of 0.56. The stock’s 50-day moving average price is $226.37 and its 200-day moving average price is $212.66.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 12.96% and a return on equity of 16.35%. On average, equities research analysts predict that T-Mobile US, Inc. will post 9.3 earnings per share for the current year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be paid a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 dividend on an annualized basis and a yield of 1.50%. T-Mobile US’s payout ratio is presently 40.14%.

Insider Buying and Selling at T-Mobile US

In related news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, November 27th. The stock was 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 approximately $1,241,140.99. This trade represents a 16.61 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO G Michael Sievert sold 20,000 shares of the company’s stock in a transaction that occurred on Monday, November 11th. The stock was 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 owns 378,124 shares of the company’s stock, valued at $89,891,418.52. The trade was a 5.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 144,200 shares of company stock valued at $32,736,303 over the last ninety days. 0.67% of the stock is currently owned by company insiders.

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.