T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by GAMMA Investing LLC

GAMMA Investing LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 12.0% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,390 shares of the Wireless communications provider’s stock after acquiring an additional 1,114 shares during the period. GAMMA Investing LLC’s holdings in T-Mobile US were worth $2,293,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. DT Investment Partners LLC increased its stake in T-Mobile US by 65.3% in the third quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock valued at $25,000 after purchasing an additional 47 shares during the last quarter. Dunhill Financial LLC boosted its holdings 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 buying an additional 56 shares in the last quarter. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% in the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 77 shares during the last quarter. Y.D. More Investments Ltd acquired a new stake in T-Mobile US during the 2nd quarter worth $27,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US in the third quarter valued at $34,000. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Insider Buying and Selling

In other news, Director Srikant M. Datar sold 1,000 shares of T-Mobile US stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $247.19, for a total transaction of $247,190.00. Following the completion of the transaction, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. The trade was a 16.61 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Raul Marcelo Claure sold 110,000 shares of the business’s stock in a transaction dated Monday, November 4th. The stock was sold at an average price of $224.30, for a total transaction of $24,673,000.00. Following the completion of the sale, the director now owns 1,441,204 shares in the company, valued at $323,262,057.20. This represents a 7.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 206,969 shares of company stock valued at $46,656,527. Corporate insiders own 0.67% of the company’s stock.

Analysts Set New Price Targets

TMUS has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an “overweight” rating in a research report on Thursday, October 24th. KeyCorp lowered T-Mobile US from an “overweight” rating to a “sector weight” rating and set a $252.00 price target on the stock. in a research report on Thursday, December 12th. Royal Bank of Canada increased their price objective on T-Mobile US from $232.00 to $255.00 and gave the company an “outperform” rating in a report on Friday, October 25th. BNP Paribas raised shares of T-Mobile US to a “strong-buy” rating in a report on Friday, October 25th. Finally, Evercore ISI increased their price target on shares of T-Mobile US from $220.00 to $240.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $247.58.

T-Mobile US Stock Performance

NASDAQ TMUS opened at $219.53 on Friday. The company has a current ratio of 1.08, a quick ratio of 0.99 and a debt-to-equity ratio of 1.23. The business’s 50 day moving average is $231.67 and its two-hundred day moving average is $207.39. The stock has a market capitalization of $254.76 billion, a price-to-earnings ratio of 25.03, a PEG ratio of 1.18 and a beta of 0.53. T-Mobile US, Inc. has a 12-month low of $158.84 and a 12-month high of $248.15.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Wednesday, October 23rd. The Wireless communications provider reported $2.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.32 by $0.29. The firm had revenue of $20.16 billion during the quarter, compared to analysts’ expectations of $20.01 billion. T-Mobile US had a return on equity of 16.35% and a net margin of 12.96%. T-Mobile US’s revenue was up 4.7% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.82 earnings per share. Research analysts expect that T-Mobile US, Inc. will post 9.38 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 13th. Investors of record on Friday, February 28th will be paid a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.60%. The ex-dividend date of this dividend is Friday, February 28th. T-Mobile US’s dividend payout ratio (DPR) is 40.14%.

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.