Vanguard Personalized Indexing Management LLC Raises Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Vanguard Personalized Indexing Management LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 6.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,549 shares of the Wireless communications provider’s stock after purchasing an additional 2,740 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in T-Mobile US were worth $8,366,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Wellington Management Group LLP boosted its holdings in shares of T-Mobile US by 200.0% in the 4th quarter. Wellington Management Group LLP now owns 6,362,601 shares of the Wireless communications provider’s stock valued at $1,020,116,000 after purchasing an additional 4,241,877 shares during the last quarter. Putnam Investments LLC boosted its position in T-Mobile US by 74.6% in the 4th quarter. Putnam Investments LLC now owns 3,939,221 shares of the Wireless communications provider’s stock valued at $631,575,000 after buying an additional 1,682,743 shares during the last quarter. Vanguard Group Inc. boosted its position in T-Mobile US by 3.8% in the 1st quarter. Vanguard Group Inc. now owns 45,042,339 shares of the Wireless communications provider’s stock valued at $7,351,811,000 after buying an additional 1,667,778 shares during the last quarter. Clearbridge Investments LLC boosted its position in T-Mobile US by 18.8% in the 1st quarter. Clearbridge Investments LLC now owns 3,652,486 shares of the Wireless communications provider’s stock valued at $596,159,000 after buying an additional 578,348 shares during the last quarter. Finally, Capital International Investors boosted its position in T-Mobile US by 27.1% in the 4th quarter. Capital International Investors now owns 2,660,314 shares of the Wireless communications provider’s stock valued at $426,528,000 after buying an additional 567,390 shares during the last quarter. 42.49% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at T-Mobile US

In other news, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction on Monday, September 9th. The shares were sold at an average price of $196.00, for a total value of $308,112.00. Following the completion of the sale, the director now directly owns 1,824,632 shares in the company, valued at $357,627,872. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, Director Telekom Ag Deutsche sold 133,461 shares of the business’s stock in a transaction on Monday, June 24th. The shares were sold at an average price of $178.04, for a total transaction of $23,761,396.44. Following the transaction, the director now owns 670,812,128 shares of the company’s stock, valued at $119,431,391,269.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Raul Marcelo Claure sold 1,572 shares of the business’s stock in a transaction on Monday, September 9th. The stock was sold at an average price of $196.00, for a total transaction of $308,112.00. Following the transaction, the director now directly owns 1,824,632 shares in the company, valued at approximately $357,627,872. The disclosure for this sale can be found here. Over the last three months, insiders sold 840,336 shares of company stock worth $154,461,060. 0.67% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on TMUS. Barclays raised their price target on shares of T-Mobile US from $180.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, August 1st. Citigroup raised their price target on shares of T-Mobile US from $184.00 to $210.00 and gave the stock a “buy” rating in a research report on Friday, July 19th. Benchmark raised their price target on shares of T-Mobile US from $200.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Tigress Financial lifted their price objective on shares of T-Mobile US from $205.00 to $235.00 and gave the company a “buy” rating in a research report on Monday, August 12th. Finally, Morgan Stanley lifted their price objective on shares of T-Mobile US from $191.00 to $209.00 and gave the company an “overweight” rating in a research report on Monday. One equities research analyst has rated the stock with a hold rating, sixteen have issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of $205.69.

T-Mobile US Stock Performance

TMUS stock opened at $202.70 on Wednesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.78 and a current ratio of 0.84. The stock has a market cap of $237.53 billion, a P/E ratio of 27.58, a P/E/G ratio of 0.74 and a beta of 0.51. The firm has a 50 day simple moving average of $191.16 and a 200 day simple moving average of $175.90. T-Mobile US, Inc. has a 52 week low of $135.82 and a 52 week high of $206.30.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Wednesday, July 31st. The Wireless communications provider reported $2.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.27 by $0.22. The firm had revenue of $19.77 billion during the quarter, compared to analysts’ expectations of $19.61 billion. T-Mobile US had a net margin of 11.95% and a return on equity of 14.88%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company earned $1.86 earnings per share. Research analysts anticipate that T-Mobile US, Inc. will post 9.18 earnings per share for the current fiscal year.

About T-Mobile US

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.