T-Mobile US, Inc. (NASDAQ:TMUS) Shares Purchased by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI grew its stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 0.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 240,782 shares of the Wireless communications provider’s stock after acquiring an additional 1,157 shares during the period. T-Mobile US comprises approximately 1.3% of Commerzbank Aktiengesellschaft FI’s holdings, making the stock its 27th biggest position. Commerzbank Aktiengesellschaft FI’s holdings in T-Mobile US were worth $53,148,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Synergy Investment Management LLC acquired a new position in T-Mobile US in the fourth quarter worth about $44,000. Charles Schwab Investment Management Inc. lifted its holdings in T-Mobile US by 2.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,230,038 shares of the Wireless communications provider’s stock worth $712,966,000 after buying an additional 85,012 shares during the last quarter. Steward Partners Investment Advisory LLC grew its position in shares of T-Mobile US by 3.3% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 82,663 shares of the Wireless communications provider’s stock worth $18,246,000 after acquiring an additional 2,617 shares in the last quarter. Gryphon Financial Partners LLC increased its holdings in shares of T-Mobile US by 25.2% in the 4th quarter. Gryphon Financial Partners LLC now owns 1,476 shares of the Wireless communications provider’s stock valued at $326,000 after acquiring an additional 297 shares during the last quarter. Finally, Fidelis Capital Partners LLC raised its position in shares of T-Mobile US by 3.5% during the 4th quarter. Fidelis Capital Partners LLC now owns 2,963 shares of the Wireless communications provider’s stock valued at $705,000 after acquiring an additional 99 shares in the last quarter. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ TMUS opened at $272.83 on Tuesday. T-Mobile US, Inc. has a 12 month low of $158.84 and a 12 month high of $276.49. The firm has a market capitalization of $311.50 billion, a PE ratio of 28.21, a P/E/G ratio of 1.55 and a beta of 0.56. The company’s 50 day simple moving average is $236.54 and its 200 day simple moving average is $224.74. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

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 (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.29%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is 36.40%.

Insider Activity

In related news, Director Andre Almeida purchased 3,808 shares of the company’s stock in a transaction on Monday, December 9th. The shares were bought at an average price of $235.72 per share, with a total value of $897,621.76. Following the completion of the acquisition, the director now owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Letitia A. Long sold 1,100 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the sale, the director now directly owns 5,653 shares of the company’s stock, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.67% of the company’s stock.

Analyst Ratings Changes

A number of research firms have commented on TMUS. Barclays lifted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a report on Monday, February 3rd. Oppenheimer lifted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a report on Friday, January 31st. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Royal Bank of Canada restated a “sector perform” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Finally, Evercore ISI raised T-Mobile US to a “strong-buy” rating in a report on Thursday, January 23rd. Seven investment 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 stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $253.26.

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.