Aigen Investment Management LP Makes New Investment in T-Mobile US, Inc. (NASDAQ:TMUS)

Aigen Investment Management LP bought a new position in T-Mobile US, Inc. (NASDAQ:TMUS) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 4,951 shares of the Wireless communications provider’s stock, valued at approximately $1,320,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Capital International Investors increased its stake in shares of T-Mobile US by 36.2% during the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider’s stock worth $1,440,424,000 after purchasing an additional 1,734,998 shares during the last quarter. Canada Pension Plan Investment Board increased its stake in shares of T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider’s stock worth $1,329,919,000 after purchasing an additional 2,777,657 shares during the last quarter. Northern Trust Corp increased its stake in shares of T-Mobile US by 13.8% during the 4th quarter. Northern Trust Corp now owns 5,325,541 shares of the Wireless communications provider’s stock worth $1,175,507,000 after purchasing an additional 645,892 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of T-Mobile US by 25.4% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,172,644 shares of the Wireless communications provider’s stock worth $1,112,886,000 after purchasing an additional 844,932 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in shares of T-Mobile US by 0.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,084,830 shares of the Wireless communications provider’s stock worth $901,643,000 after purchasing an additional 25,667 shares during the last quarter. Hedge funds and other institutional investors own 42.49% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on TMUS shares. Redburn Atlantic upgraded shares of T-Mobile US from a “strong sell” rating to a “hold” rating and set a $228.00 price target on the stock in a research note on Monday, July 7th. Tigress Financial increased their price target on shares of T-Mobile US from $290.00 to $305.00 and gave the stock a “buy” rating in a research note on Tuesday, April 29th. Wall Street Zen lowered shares of T-Mobile US from a “buy” rating to a “hold” rating in a research note on Saturday, May 24th. Bank of America started coverage on shares of T-Mobile US in a research note on Monday, July 7th. They set a “neutral” rating and a $255.00 price target on the stock. Finally, Royal Bank Of Canada increased their price target on shares of T-Mobile US from $265.00 to $270.00 and gave the stock a “sector perform” rating in a research note on Friday, July 25th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating, nine have issued a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $256.31.

Insider Activity at T-Mobile US

In other news, Director Telekom Ag Deutsche sold 69,840 shares of the firm’s stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $238.08, for a total transaction of $16,627,507.20. Following the completion of the transaction, the director directly owned 647,660,844 shares of the company’s stock, valued at approximately $154,195,093,739.52. This trade represents a 0.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last ninety days, insiders have sold 1,764,850 shares of company stock worth $410,591,012. 0.37% of the stock is currently owned by company insiders.

T-Mobile US Price Performance

Shares of T-Mobile US stock opened at $244.98 on Monday. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.21 and a quick ratio of 1.13. T-Mobile US, Inc. has a fifty-two week low of $192.11 and a fifty-two week high of $276.49. The firm has a fifty day moving average price of $234.84 and a two-hundred day moving average price of $246.54. The company has a market cap of $275.71 billion, a PE ratio of 23.11, a price-to-earnings-growth ratio of 1.35 and a beta of 0.62.

T-Mobile US (NASDAQ:TMUS) last issued its quarterly earnings results on Wednesday, July 23rd. The Wireless communications provider reported $2.84 earnings per share for the quarter, beating analysts’ consensus estimates of $2.69 by $0.15. The firm had revenue of $21.13 billion during the quarter, compared to the consensus estimate of $20.99 billion. T-Mobile US had a net margin of 14.53% and a return on equity of 19.68%. The business’s revenue was up 6.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.49 EPS. Analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 11th. Stockholders of record on Friday, August 29th will be issued a dividend of $0.88 per share. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, August 29th. T-Mobile US’s dividend payout ratio (DPR) is presently 33.21%.

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.