Aspire Private Capital LLC Has $323,000 Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Aspire Private Capital LLC lifted its stake in T-Mobile US, Inc. (NASDAQ:TMUS) by 1,327.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,013 shares of the Wireless communications provider’s stock after purchasing an additional 1,872 shares during the quarter. Aspire Private Capital LLC’s holdings in T-Mobile US were worth $323,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Clearbridge Investments LLC raised its stake in shares of T-Mobile US by 243.9% during the 3rd quarter. Clearbridge Investments LLC now owns 2,920,668 shares of the Wireless communications provider’s stock worth $409,040,000 after purchasing an additional 2,071,489 shares in the last quarter. Canada Pension Plan Investment Board raised its stake in shares of T-Mobile US by 90.5% during the 3rd quarter. Canada Pension Plan Investment Board now owns 2,506,127 shares of the Wireless communications provider’s stock worth $350,983,000 after purchasing an additional 1,190,813 shares in the last quarter. Third Point LLC purchased a new stake in shares of T-Mobile US during the 3rd quarter worth about $140,050,000. Royal Bank of Canada raised its stake in shares of T-Mobile US by 7.1% during the 3rd quarter. Royal Bank of Canada now owns 10,505,308 shares of the Wireless communications provider’s stock worth $1,471,269,000 after purchasing an additional 693,443 shares in the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of T-Mobile US by 67.3% during the 3rd quarter. Principal Financial Group Inc. now owns 1,614,036 shares of the Wireless communications provider’s stock worth $226,046,000 after purchasing an additional 649,178 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Stock Performance

TMUS traded up $1.02 during midday trading on Tuesday, reaching $163.38. The company’s stock had a trading volume of 774,907 shares, compared to its average volume of 4,458,180. The stock has a market cap of $193.91 billion, a P/E ratio of 23.43, a PEG ratio of 0.66 and a beta of 0.49. The company has a fifty day simple moving average of $162.30 and a 200 day simple moving average of $156.54. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.18. T-Mobile US, Inc. has a twelve month low of $124.92 and a twelve month high of $168.64.

T-Mobile US (NASDAQ:TMUS) last announced its quarterly earnings data on Thursday, January 25th. The Wireless communications provider reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.90 by ($0.23). T-Mobile US had a return on equity of 12.69% and a net margin of 10.59%. The firm had revenue of $20.48 billion for the quarter, compared to analyst estimates of $19.67 billion. During the same period in the previous year, the business posted $1.18 EPS. T-Mobile US’s revenue for the quarter was up 1.0% compared to the same quarter last year. Research analysts expect that T-Mobile US, Inc. will post 8.95 earnings per share for the current year.

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 13th. Stockholders of record on Friday, May 31st will be issued a dividend of $0.65 per share. This represents a $2.60 annualized dividend and a dividend yield of 1.59%. The ex-dividend date of this dividend is Friday, May 31st. T-Mobile US’s payout ratio is presently 37.52%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Oppenheimer reaffirmed an “outperform” rating and set a $190.00 price target on shares of T-Mobile US in a research note on Wednesday, April 3rd. Raymond James raised their price objective on T-Mobile US from $180.00 to $185.00 and gave the company a “strong-buy” rating in a research note on Friday, January 26th. KeyCorp cut their price objective on T-Mobile US from $183.00 to $175.00 and set an “overweight” rating on the stock in a research note on Friday, January 26th. Tigress Financial raised their price objective on T-Mobile US from $204.00 to $205.00 and gave the company a “buy” rating in a research note on Thursday, February 8th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $184.00 price objective on shares of T-Mobile US in a research note on Wednesday, March 20th. One research analyst has rated the stock with a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, T-Mobile US has a consensus rating of “Buy” and an average target price of $185.93.

Insider Transactions at T-Mobile US

In other news, insider Michael J. Katz sold 3,000 shares of T-Mobile US stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $163.22, for a total transaction of $489,660.00. Following the sale, the insider now owns 125,687 shares of the company’s stock, valued at approximately $20,514,632.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Callie R. Field sold 5,844 shares of the business’s stock in a transaction on Thursday, March 7th. The stock was sold at an average price of $168.44, for a total value of $984,363.36. Following the sale, the insider now owns 102,555 shares of the company’s stock, valued at approximately $17,274,364.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Michael J. Katz sold 3,000 shares of the business’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $163.22, for a total value of $489,660.00. Following the completion of the sale, the insider now directly owns 125,687 shares in the company, valued at approximately $20,514,632.14. The disclosure for this sale can be found here. In the last quarter, insiders have sold 5,811,459 shares of company stock valued at $942,634,782. 0.70% of the stock is owned by corporate insiders.

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.