Candriam S.C.A. Purchases 17,721 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Candriam S.C.A. raised its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 31.9% during the 4th quarter, HoldingsChannel reports. The fund owned 73,233 shares of the Wireless communications provider’s stock after buying an additional 17,721 shares during the quarter. Candriam S.C.A.’s holdings in T-Mobile US were worth $16,165,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Freestone Capital Holdings LLC lifted its position in shares of T-Mobile US by 1.0% in the fourth quarter. Freestone Capital Holdings LLC now owns 10,297 shares of the Wireless communications provider’s stock worth $2,273,000 after purchasing an additional 101 shares in the last quarter. Inceptionr LLC acquired a new stake in T-Mobile US in the 4th quarter valued at $296,000. Raymond James Financial Inc. bought a new stake in T-Mobile US during the 4th quarter worth about $452,721,000. First Business Financial Services Inc. lifted its position in T-Mobile US by 3.4% during the 4th quarter. First Business Financial Services Inc. now owns 14,830 shares of the Wireless communications provider’s stock worth $3,273,000 after buying an additional 487 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its stake in shares of T-Mobile US by 2.4% during the 4th quarter. Cullen Frost Bankers Inc. now owns 82,891 shares of the Wireless communications provider’s stock worth $18,297,000 after buying an additional 1,963 shares during the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on TMUS shares. Morgan Stanley initiated coverage on T-Mobile US in a report on Monday, December 16th. They set an “overweight” rating and a $280.00 target price on the stock. Evercore ISI upgraded T-Mobile US to a “strong-buy” rating in a research note on Thursday, January 23rd. Benchmark reissued a “buy” rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Tigress Financial reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Oppenheimer lifted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Eight analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $254.10.

T-Mobile US Stock Performance

Shares of T-Mobile US stock opened at $262.95 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The company has a market cap of $300.22 billion, a PE ratio of 27.19, a price-to-earnings-growth ratio of 1.55 and a beta of 0.56. The company has a 50 day moving average of $238.96 and a 200-day moving average of $225.74. T-Mobile US, Inc. has a 1-year low of $158.84 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, equities research analysts forecast that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio (DPR) is 36.40%.

Insider Buying and Selling

In other T-Mobile US news, Director Andre Almeida bought 3,808 shares of the business’s stock in a transaction that occurred on Monday, December 9th. The shares were acquired at an average cost of $235.72 per share, for a total transaction of $897,621.76. Following the transaction, the director now directly owns 3,808 shares in the company, valued at approximately $897,621.76. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Srikant M. Datar sold 730 shares of the firm’s stock in a transaction on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now directly owns 3,291 shares of the company’s stock, valued at $865,533. The trade was a 18.15 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is currently owned by corporate insiders.

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.