OLD National Bancorp IN Has $538,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

OLD National Bancorp IN increased its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 1.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,356 shares of the Wireless communications provider’s stock after acquiring an additional 62 shares during the quarter. OLD National Bancorp IN’s holdings in T-Mobile US were worth $538,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Exchange Traded Concepts LLC grew its holdings in T-Mobile US by 4,568.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 4,528 shares of the Wireless communications provider’s stock valued at $634,000 after buying an additional 4,431 shares in the last quarter. Private Trust Co. NA grew its holdings in T-Mobile US by 1.8% in the 3rd quarter. Private Trust Co. NA now owns 6,381 shares of the Wireless communications provider’s stock valued at $894,000 after buying an additional 110 shares in the last quarter. Caprock Group LLC grew its holdings in T-Mobile US by 1.2% in the 3rd quarter. Caprock Group LLC now owns 11,209 shares of the Wireless communications provider’s stock valued at $1,570,000 after buying an additional 131 shares in the last quarter. Proficio Capital Partners LLC grew its holdings in T-Mobile US by 8.5% in the 3rd quarter. Proficio Capital Partners LLC now owns 2,560 shares of the Wireless communications provider’s stock valued at $359,000 after buying an additional 200 shares in the last quarter. Finally, CX Institutional grew its holdings in T-Mobile US by 32.7% in the 3rd quarter. CX Institutional now owns 4,291 shares of the Wireless communications provider’s stock valued at $601,000 after buying an additional 1,058 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at T-Mobile US

In other news, insider Callie R. Field sold 5,844 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now owns 102,555 shares of the company’s stock, valued at $17,274,364.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, Director Telekom Ag Deutsche sold 170,903 shares of the stock in a transaction dated Wednesday, April 10th. The stock was sold at an average price of $159.95, for a total value of $27,335,934.85. Following the completion of the sale, the director now owns 680,306,713 shares of the company’s stock, valued at $108,815,058,744.35. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Callie R. Field sold 5,844 shares of the stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $168.44, for a total value of $984,363.36. Following the completion of the sale, the insider now directly owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,995,889 shares of company stock worth $972,451,611. 0.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TMUS shares. Benchmark reaffirmed a “buy” rating and issued a $200.00 price objective on shares of T-Mobile US in a report on Friday, January 26th. KeyCorp cut their target price on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating for the company in a research report on Friday, January 26th. Royal Bank of Canada reiterated an “outperform” rating and set a $184.00 target price on shares of T-Mobile US in a research report on Wednesday, March 20th. Citigroup upped their target price on T-Mobile US from $176.00 to $184.00 and gave the company a “buy” rating in a research report on Monday, March 25th. Finally, Wells Fargo & Company upped their target price on T-Mobile US from $175.00 to $185.00 and gave the company an “overweight” rating in a research report on Monday, January 22nd. One investment analyst has rated the stock with a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $185.93.

T-Mobile US Price Performance

T-Mobile US stock opened at $164.18 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. The company has a market capitalization of $194.86 billion, a PE ratio of 23.69, a P/E/G ratio of 0.66 and a beta of 0.49. T-Mobile US, Inc. has a 12 month low of $124.92 and a 12 month high of $168.64. The stock has a 50-day moving average price of $162.39 and a two-hundred day moving average price of $156.76.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Thursday, January 25th. The Wireless communications provider reported $1.67 EPS for the quarter, missing the consensus estimate of $1.90 by ($0.23). The firm had revenue of $20.48 billion during 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%. T-Mobile US’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.18 earnings per share. Analysts expect that T-Mobile US, Inc. will post 8.95 EPS for the current year.

T-Mobile US Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 13th. Shareholders of record on Friday, May 31st will be given a $0.65 dividend. The ex-dividend date is Friday, May 31st. This represents a $2.60 annualized dividend and a yield of 1.58%. T-Mobile US’s dividend payout ratio is presently 37.52%.

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.