T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 55.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 135,674 shares of the Wireless communications provider’s stock after purchasing an additional 48,319 shares during the quarter. Mediolanum International Funds Ltd’s holdings in T-Mobile US were worth $29,864,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Susquehanna Fundamental Investments LLC purchased a new position in shares of T-Mobile US in the 2nd quarter valued at about $863,000. EP Wealth Advisors LLC grew its stake in shares of T-Mobile US by 13.9% in the 2nd quarter. EP Wealth Advisors LLC now owns 5,906 shares of the Wireless communications provider’s stock valued at $1,040,000 after purchasing an additional 721 shares during the last quarter. Advisory Alpha LLC boosted its stake in shares of T-Mobile US by 5.9% in the second quarter. Advisory Alpha LLC now owns 1,419 shares of the Wireless communications provider’s stock valued at $250,000 after buying an additional 79 shares in the last quarter. New Century Financial Group LLC purchased a new stake in T-Mobile US during the second quarter worth $234,000. Finally, Sanctuary Advisors LLC acquired a new position in shares of T-Mobile US in the second quarter worth $12,095,000. 42.49% of the stock is owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In related news, Director Andre Almeida acquired 3,808 shares of the firm’s stock in a transaction dated Monday, December 9th. The stock was bought at an average price of $235.72 per share, for a total transaction of $897,621.76. Following the acquisition, the director now directly owns 3,808 shares of the company’s stock, valued at approximately $897,621.76. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Raul Marcelo Claure sold 110,000 shares of the firm’s stock in a transaction dated Monday, November 4th. The shares were sold at an average price of $224.30, for a total value of $24,673,000.00. Following the completion of the transaction, the director now owns 1,441,204 shares of the company’s stock, valued at $323,262,057.20. The trade was a 7.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 144,200 shares of company stock worth $32,736,303 in the last quarter. Corporate insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on TMUS. Barclays upped their target price on T-Mobile US from $215.00 to $230.00 and gave the company an “overweight” rating in a research note on Thursday, October 24th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research note on Friday, October 25th. Citigroup lifted their target price on T-Mobile US from $210.00 to $254.00 and gave the stock a “buy” rating in a report on Monday, October 21st. Daiwa America raised T-Mobile US to a “hold” rating in a research report on Friday, October 25th. Finally, KeyCorp cut T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price objective for the company. in a research report on Thursday, December 12th. Seven analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $248.89.

T-Mobile US Stock Down 0.3 %

Shares of TMUS opened at $234.37 on Friday. The business’s 50 day simple moving average is $226.37 and its 200-day simple moving average is $212.82. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $248.15. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.08 and a quick ratio of 0.99. The company has a market capitalization of $271.98 billion, a P/E ratio of 24.24, a PEG ratio of 1.17 and a beta of 0.56.

T-Mobile US (NASDAQ:TMUS) last posted its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.00% and a net margin of 13.93%. As a group, sell-side analysts predict that T-Mobile US, Inc. will post 10.15 EPS for the current fiscal year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be given a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio is currently 36.40%.

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.