WINTON GROUP Ltd acquired a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 28,079 shares of the Wireless communications provider’s stock, valued at approximately $6,198,000.
Several other large investors also recently modified their holdings of TMUS. Dunhill Financial LLC lifted its stake in shares of T-Mobile US by 76.7% in the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock valued at $27,000 after purchasing an additional 56 shares during the period. Rakuten Securities Inc. grew its stake in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider’s stock worth $28,000 after purchasing an additional 62 shares during the period. CoreFirst Bank & Trust bought a new stake in T-Mobile US in the fourth quarter worth approximately $28,000. Financial Life Planners acquired a new position in T-Mobile US in the fourth quarter valued at approximately $29,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth approximately $34,000. 42.49% of the stock is currently owned by institutional investors and hedge funds.
T-Mobile US Trading Up 1.5 %
Shares of T-Mobile US stock opened at $262.51 on Thursday. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The stock has a market capitalization of $299.72 billion, a P/E ratio of 27.15, a P/E/G ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 52-week low of $159.14 and a 52-week high of $276.49. The stock’s 50-day simple moving average is $250.95 and its 200 day simple moving average is $231.90.
T-Mobile US Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US’s dividend payout ratio is presently 36.40%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on TMUS shares. Hsbc Global Res downgraded shares of T-Mobile US from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, March 5th. Tigress Financial reissued a “buy” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Wells Fargo & Company reaffirmed an “equal weight” rating on shares of T-Mobile US in a research report on Wednesday, February 26th. JPMorgan Chase & Co. increased their price target on T-Mobile US from $265.00 to $270.00 and gave the stock an “overweight” rating in a report on Tuesday, March 18th. Finally, Benchmark restated a “buy” rating on shares of T-Mobile US in a report on Wednesday, February 26th. Eleven investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $255.80.
View Our Latest Research Report on T-Mobile US
Insider Transactions at T-Mobile US
In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.67% of the company’s stock.
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.
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