T-Mobile US, Inc. $TMUS Shares Bought by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC grew its position in T-Mobile US, Inc. (NASDAQ:TMUS) by 6.4% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 46,500 shares of the Wireless communications provider’s stock after acquiring an additional 2,785 shares during the period. New Age Alpha Advisors LLC’s holdings in T-Mobile US were worth $9,441,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of T-Mobile US by 4.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 450,679 shares of the Wireless communications provider’s stock valued at $107,884,000 after buying an additional 19,486 shares in the last quarter. Quilter Plc grew its stake in shares of T-Mobile US by 7.8% in the fourth quarter. Quilter Plc now owns 465,838 shares of the Wireless communications provider’s stock valued at $94,584,000 after buying an additional 33,813 shares in the last quarter. Varma Mutual Pension Insurance Co grew its stake in shares of T-Mobile US by 8.8% in the third quarter. Varma Mutual Pension Insurance Co now owns 82,917 shares of the Wireless communications provider’s stock valued at $19,849,000 after buying an additional 6,700 shares in the last quarter. Longbow Finance SA grew its stake in shares of T-Mobile US by 22.2% in the third quarter. Longbow Finance SA now owns 31,948 shares of the Wireless communications provider’s stock valued at $7,648,000 after buying an additional 5,805 shares in the last quarter. Finally, CI Investments Inc. grew its stake in shares of T-Mobile US by 37.8% in the third quarter. CI Investments Inc. now owns 77,630 shares of the Wireless communications provider’s stock valued at $18,583,000 after buying an additional 21,307 shares in the last quarter. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Price Performance

TMUS opened at $191.47 on Monday. The business’s 50-day simple moving average is $198.67 and its 200-day simple moving average is $202.23. The company has a debt-to-equity ratio of 1.58, a quick ratio of 0.97 and a current ratio of 1.09. T-Mobile US, Inc. has a one year low of $181.36 and a one year high of $261.56. The stock has a market capitalization of $207.21 billion, a P/E ratio of 20.37, a price-to-earnings-growth ratio of 1.11 and a beta of 0.33.

T-Mobile US (NASDAQ:TMUS) last posted its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The business had revenue of $23.11 billion for the quarter, compared to analysts’ expectations of $22.98 billion. During the same quarter in the previous year, the firm earned $2.58 earnings per share. The business’s revenue was up 10.6% compared to the same quarter last year. Analysts anticipate that T-Mobile US, Inc. will post 10.65 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 11th. Stockholders of record on Friday, May 29th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, May 29th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 2.1%. T-Mobile US’s payout ratio is 43.40%.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Daiwa Securities Group upgraded T-Mobile US from a “neutral” rating to an “outperform” rating and set a $240.00 target price for the company in a report on Thursday, February 19th. Barclays reiterated a “buy” rating on shares of T-Mobile US in a report on Friday, April 24th. Benchmark reiterated a “buy” rating on shares of T-Mobile US in a report on Thursday, February 12th. The Goldman Sachs Group reiterated a “buy” rating on shares of T-Mobile US in a report on Wednesday, April 29th. Finally, Wall Street Zen upgraded T-Mobile US from a “sell” rating to a “hold” rating in a report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, T-Mobile US currently has a consensus rating of “Moderate Buy” and a consensus target price of $260.48.

Insider Buying and Selling at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 3,291 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $221.10, for a total transaction of $727,640.10. Following the completion of the sale, the director directly owned 1,038 shares of the company’s stock, valued at $229,501.80. This represents a 76.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Mark Wolfe Nelson sold 2,329 shares of the company’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $222.38, for a total value of $517,923.02. Following the sale, the insider directly owned 65,677 shares of the company’s stock, valued at approximately $14,605,251.26. This represents a 3.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 11,709 shares of company stock valued at $2,466,208. 0.37% of the stock is owned by insiders.

About T-Mobile US

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.