221,804 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 221,804 shares of the Wireless communications provider’s stock, valued at approximately $45,771,000.

A number of other large investors have also bought and sold shares of TMUS. FMR LLC lifted its holdings in T-Mobile US by 13.4% during the 3rd quarter. FMR LLC now owns 12,893,770 shares of the Wireless communications provider’s stock worth $2,660,758,000 after buying an additional 1,522,394 shares in the last quarter. Legal & General Group Plc grew its stake in shares of T-Mobile US by 6.8% during the second quarter. Legal & General Group Plc now owns 4,751,007 shares of the Wireless communications provider’s stock worth $837,032,000 after purchasing an additional 303,582 shares during the period. Integrated Investment Consultants LLC bought a new stake in T-Mobile US in the third quarter valued at about $53,844,000. International Assets Investment Management LLC lifted its stake in T-Mobile US by 21,580.9% in the third quarter. International Assets Investment Management LLC now owns 249,981 shares of the Wireless communications provider’s stock valued at $51,586,000 after buying an additional 248,828 shares during the period. Finally, Swedbank AB bought a new position in T-Mobile US during the 1st quarter worth approximately $38,784,000. 42.49% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the stock. Benchmark lifted their price target on shares of T-Mobile US from $250.00 to $255.00 and gave the stock a “buy” rating in a research report on Thursday, October 24th. Tigress Financial boosted their price objective on T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Barclays upped their price target on T-Mobile US from $215.00 to $230.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. JPMorgan Chase & Co. upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. Finally, BNP Paribas upgraded T-Mobile US to a “strong-buy” rating in a research note on Friday, October 25th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $241.83.

T-Mobile US Price Performance

T-Mobile US stock opened at $246.20 on Thursday. 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 company has a market capitalization of $285.71 billion, a PE ratio of 28.07, a P/E/G ratio of 1.23 and a beta of 0.50. T-Mobile US, Inc. has a 12 month low of $147.96 and a 12 month high of $248.15. The stock has a 50-day moving average price of $222.09 and a two-hundred day moving average price of $196.83.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, October 23rd. The Wireless communications provider reported $2.61 EPS for the quarter, beating the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to the consensus estimate of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. The business’s quarterly revenue was up 4.7% on a year-over-year basis. During the same period last year, the company earned $1.82 earnings per share. Analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 13th. Shareholders of record on Friday, February 28th will be given a $0.88 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $3.52 annualized dividend and a yield of 1.43%. T-Mobile US’s dividend payout ratio is presently 29.65%.

Insider Buying and Selling at T-Mobile US

In other news, CEO G Michael Sievert sold 20,000 shares of the firm’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $237.73, for a total transaction of $4,754,600.00. Following the completion of the transaction, the chief executive officer now directly owns 378,124 shares in the company, valued at $89,891,418.52. This trade represents a 5.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Raul Marcelo Claure sold 1,572 shares of the firm’s stock in a transaction dated Monday, September 9th. The stock was sold at an average price of $196.00, for a total value of $308,112.00. Following the transaction, the director now owns 1,824,632 shares of the company’s stock, valued at $357,627,872. This trade represents a 0.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 340,750 shares of company stock worth $72,863,634. 0.67% of the stock is currently owned by 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.