Campbell & CO Investment Adviser LLC Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Campbell & CO Investment Adviser LLC acquired a new position in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 4,172 shares of the Wireless communications provider’s stock, valued at approximately $584,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of T-Mobile US by 21.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,011,991 shares of the Wireless communications provider’s stock valued at $129,888,000 after purchasing an additional 180,468 shares during the period. Sei Investments Co. increased its position in T-Mobile US by 50.6% during the 1st quarter. Sei Investments Co. now owns 230,598 shares of the Wireless communications provider’s stock valued at $29,603,000 after buying an additional 77,518 shares in the last quarter. Prudential PLC bought a new position in T-Mobile US during the 1st quarter valued at approximately $1,649,000. Cetera Investment Advisers increased its position in T-Mobile US by 12.2% during the 1st quarter. Cetera Investment Advisers now owns 23,619 shares of the Wireless communications provider’s stock valued at $3,031,000 after buying an additional 2,574 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in T-Mobile US by 105.7% during the 1st quarter. Sequoia Financial Advisors LLC now owns 3,796 shares of the Wireless communications provider’s stock valued at $487,000 after buying an additional 1,951 shares in the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Activity at T-Mobile US

In related news, CAO Dara Bazzano sold 3,953 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $159.95, for a total value of $632,282.35. Following the completion of the sale, the chief accounting officer now owns 6,924 shares in the company, valued at $1,107,493.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, CAO Dara Bazzano sold 3,953 shares of T-Mobile US stock in a transaction on Wednesday, December 13th. The stock was sold at an average price of $159.95, for a total value of $632,282.35. Following the transaction, the chief accounting officer now directly owns 6,924 shares in the company, valued at approximately $1,107,493.80. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Teresa Taylor sold 12,022 shares of T-Mobile US stock in a transaction on Monday, February 5th. The shares were sold at an average price of $161.80, for a total value of $1,945,159.60. Following the completion of the transaction, the director now owns 13,014 shares in the company, valued at $2,105,665.20. The disclosure for this sale can be found here. Over the last quarter, insiders sold 2,478,114 shares of company stock worth $401,983,851. Company insiders own 0.70% of the company’s stock.

T-Mobile US Trading Up 0.8 %

TMUS opened at $162.19 on Monday. The stock has a market cap of $192.50 billion, a price-to-earnings ratio of 23.40, a P/E/G ratio of 0.61 and a beta of 0.50. The stock’s 50 day moving average price is $160.23 and its 200-day moving average price is $147.83. T-Mobile US, Inc. has a one year low of $124.92 and a one year high of $165.95. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.83 and a current ratio of 0.91.

T-Mobile US (NASDAQ:TMUSGet Free Report) last released its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing analysts’ consensus estimates of $1.90 by ($0.23). The business had revenue of $20.48 billion for the quarter, compared to the consensus estimate of $19.67 billion. T-Mobile US had a net margin of 10.59% and a return on equity of 12.69%. The company’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.18 EPS. On average, equities analysts forecast that T-Mobile US, Inc. will post 9.2 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 14th. Investors of record on Friday, March 1st will be issued a $0.65 dividend. The ex-dividend date is Thursday, February 29th. This represents a $2.60 dividend on an annualized basis and a dividend yield of 1.60%. T-Mobile US’s payout ratio is 37.52%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on TMUS. Royal Bank of Canada reaffirmed an “outperform” rating and set a $168.00 price objective on shares of T-Mobile US in a research report on Tuesday, January 9th. Raymond James lifted their target price on T-Mobile US from $180.00 to $185.00 and gave the stock a “strong-buy” rating in a report on Friday, January 26th. The Goldman Sachs Group lifted their target price on T-Mobile US from $191.00 to $194.00 in a report on Monday, October 16th. Wells Fargo & Company lifted their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Monday, January 22nd. Finally, Tigress Financial lifted their target price on T-Mobile US from $204.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday. One analyst has rated the stock with a hold rating, twelve have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, T-Mobile US has a consensus rating of “Buy” and a consensus target price of $185.93.

Get Our Latest Stock Analysis on TMUS

T-Mobile US Company Profile

(Free Report)

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; leasing through JUMP! On Demand; and High Speed Internet services.

See Also

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Institutional Ownership by Quarter for T-Mobile US (NASDAQ:TMUS)

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