Migdal Insurance & Financial Holdings Ltd. Has $676,000 Holdings in T-Mobile US, Inc. $TMUS

Migdal Insurance & Financial Holdings Ltd. grew its holdings in T-Mobile US, Inc. (NASDAQ:TMUSFree Report) by 1,106.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,329 shares of the Wireless communications provider’s stock after acquiring an additional 3,053 shares during the quarter. Migdal Insurance & Financial Holdings Ltd.’s holdings in T-Mobile US were worth $676,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Mirae Asset Global Investments Co. Ltd. grew its position in T-Mobile US by 4.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock worth $107,884,000 after buying an additional 19,486 shares in the last quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in T-Mobile US by 7.8% in the 3rd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 204,754 shares of the Wireless communications provider’s stock valued at $49,014,000 after acquiring an additional 14,800 shares in the last quarter. Quilter Plc lifted its position in shares of T-Mobile US by 7.8% in the 4th quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock worth $94,584,000 after acquiring an additional 33,813 shares during the period. Varma Mutual Pension Insurance Co grew its holdings in shares of T-Mobile US by 8.8% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock worth $19,849,000 after purchasing an additional 6,700 shares in the last quarter. Finally, CI Investments Inc. increased its position in shares of T-Mobile US by 37.8% during the third quarter. CI Investments Inc. now owns 77,630 shares of the Wireless communications provider’s stock valued at $18,583,000 after purchasing an additional 21,307 shares during the period. Institutional investors own 42.49% of the company’s stock.

Insider Transactions at T-Mobile US

In other news, insider Mark Wolfe Nelson sold 10,240 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $220.80, for a total value of $2,260,992.00. Following the completion of the sale, the insider directly owned 74,280 shares in the company, valued at approximately $16,401,024. This trade represents a 12.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Peter Osvaldik sold 27,000 shares of the company’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $214.86, for a total transaction of $5,801,220.00. Following the transaction, the chief financial officer owned 51,573 shares in the company, valued at approximately $11,080,974.78. This trade represents a 34.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 694,134 shares of company stock worth $150,847,799. 0.37% of the stock is owned by company insiders.

Key Headlines Impacting T-Mobile US

Here are the key news stories impacting T-Mobile US this week:

Analyst Upgrades and Downgrades

Several research analysts recently commented on the company. UBS Group reaffirmed a “buy” rating on shares of T-Mobile US in a research report on Thursday, February 12th. Benchmark reaffirmed a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. Morgan Stanley began coverage on shares of T-Mobile US in a research report on Thursday, April 16th. They set an “overweight” rating and a $260.00 target price on the stock. Barclays increased their price target on shares of T-Mobile US from $240.00 to $245.00 and gave the stock an “overweight” rating in a research report on Thursday, February 12th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $255.00 price objective on shares of T-Mobile US in a report on Thursday, February 12th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $260.91.

Read Our Latest Stock Analysis on TMUS

T-Mobile US Stock Performance

NASDAQ TMUS opened at $188.92 on Thursday. T-Mobile US, Inc. has a 1-year low of $181.36 and a 1-year high of $263.79. The company has a 50 day moving average of $209.22 and a 200-day moving average of $206.75. The company has a current ratio of 1.00, a quick ratio of 0.90 and a debt-to-equity ratio of 1.45. The firm has a market cap of $208.16 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 1.27 and a beta of 0.43.

T-Mobile US Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend is Friday, May 29th. T-Mobile US’s dividend payout ratio (DPR) is currently 42.02%.

T-Mobile US Company Profile

(Free Report)

T-Mobile US is a national wireless carrier that provides mobile voice, messaging and data services to consumers, businesses and wholesale customers across the United States, Puerto Rico and the U.S. Virgin Islands. The company operates a nationwide mobile network and offers device sales, equipment financing and support services through retail stores, online channels and distribution partners. T-Mobile positions its products around bundled service plans, device offerings and value-added features for both individual and enterprise customers.

Product offerings include postpaid and prepaid wireless plans under the T-Mobile and Metro by T-Mobile brands, as well as connectivity solutions for small and large businesses.

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

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