T-Mobile US, Inc. (NASDAQ:TMUS) Shares Bought by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 16,239 shares of the Wireless communications provider’s stock after purchasing an additional 928 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in T-Mobile US were worth $3,584,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of TMUS. DT Investment Partners LLC raised its stake in T-Mobile US by 65.3% during the third 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 in the last quarter. Dunhill Financial LLC boosted its holdings in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after purchasing an additional 56 shares during the period. MFA Wealth Advisors LLC raised its holdings in shares of T-Mobile US by 128.3% during the third quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 77 shares during the period. Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US in the 3rd quarter worth about $34,000. Finally, Planning Capital Management Corp boosted its holdings in shares of T-Mobile US by 134.7% in the 3rd quarter. Planning Capital Management Corp now owns 176 shares of the Wireless communications provider’s stock valued at $36,000 after buying an additional 101 shares during the period. Institutional investors own 42.49% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on TMUS. Bank of America raised their target price on shares of T-Mobile US from $240.00 to $255.00 and gave the stock a “buy” rating in a report on Thursday. Morgan Stanley initiated coverage on T-Mobile US in a research report on Monday, December 16th. They set an “overweight” rating and a $280.00 price objective for the company. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. BNP Paribas upgraded shares of T-Mobile US to a “strong-buy” rating in a research report on Friday, October 25th. Finally, Benchmark reiterated a “buy” rating and issued a $255.00 price objective on shares of T-Mobile US in a research report on Tuesday, January 28th. Seven equities research analysts have rated the stock with a hold rating, thirteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, T-Mobile US presently has a consensus rating of “Moderate Buy” and a consensus target price of $250.21.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $232.97 on Monday. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $248.15. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The stock has a market cap of $270.36 billion, a PE ratio of 24.09, a price-to-earnings-growth ratio of 1.17 and a beta of 0.56. The company’s 50-day moving average price is $226.22 and its two-hundred day moving average price is $213.53.

T-Mobile US (NASDAQ:TMUS) last released 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 18.00%. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.15 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Friday, February 28th. T-Mobile US’s dividend payout ratio is presently 36.40%.

Insider Transactions at T-Mobile US

In other news, EVP Nestor Cano sold 11,100 shares of the business’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $230.75, for a total transaction of $2,561,325.00. Following the sale, the executive vice president now owns 4,400 shares in the company, valued at $1,015,300. The trade was a 71.61 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Srikant M. Datar sold 1,000 shares of the firm’s 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 completion of the transaction, the director now directly owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This represents a 16.61 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 34,200 shares of company stock valued at $8,063,303 over the last three months. Company insiders own 0.67% of the company’s stock.

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.