Eurizon Capital SGR S.p.A. Purchases New Position in T-Mobile US, Inc. $TMUS

Eurizon Capital SGR S.p.A. purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 538,802 shares of the Wireless communications provider’s stock, valued at approximately $109,441,000.

Several other institutional investors have also bought and sold shares of the stock. CYBER HORNET ETFs LLC boosted its stake in T-Mobile US by 3.8% in the 3rd quarter. CYBER HORNET ETFs LLC now owns 1,319 shares of the Wireless communications provider’s stock valued at $316,000 after buying an additional 48 shares in the last quarter. Appleton Partners Inc. MA boosted its stake in T-Mobile US by 5.3% in the 3rd quarter. Appleton Partners Inc. MA now owns 971 shares of the Wireless communications provider’s stock valued at $232,000 after buying an additional 49 shares in the last quarter. MJP Associates Inc. ADV boosted its stake in T-Mobile US by 2.7% in the 3rd quarter. MJP Associates Inc. ADV now owns 1,886 shares of the Wireless communications provider’s stock valued at $452,000 after buying an additional 49 shares in the last quarter. Tevis Investment Management boosted its stake in T-Mobile US by 3.0% in the 3rd quarter. Tevis Investment Management now owns 1,688 shares of the Wireless communications provider’s stock valued at $404,000 after buying an additional 49 shares in the last quarter. Finally, Meiji Yasuda Life Insurance Co boosted its stake in T-Mobile US by 0.6% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 8,094 shares of the Wireless communications provider’s stock valued at $1,938,000 after buying an additional 50 shares in the last quarter. Institutional investors and hedge funds own 42.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on TMUS. TD Cowen boosted their price objective on T-Mobile US from $252.00 to $261.00 and gave the stock a “buy” rating in a research note on Wednesday, April 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of T-Mobile US in a research note on Friday, April 10th. Wells Fargo & Company boosted their price objective on T-Mobile US from $225.00 to $235.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Wolfe Research reissued an “outperform” rating and issued a $255.00 price objective on shares of T-Mobile US in a research note on Thursday, February 12th. Finally, Freedom Capital raised T-Mobile US from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $260.48.

T-Mobile US Trading Down 0.8%

TMUS stock opened at $187.53 on Friday. The company has a market cap of $202.95 billion, a P/E ratio of 19.95, a PEG ratio of 1.10 and a beta of 0.33. T-Mobile US, Inc. has a twelve month low of $181.36 and a twelve month high of $261.56. The company has a quick ratio of 0.97, a current ratio of 1.09 and a debt-to-equity ratio of 1.58. The business has a fifty day moving average of $196.33 and a 200-day moving average of $201.73.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Tuesday, April 28th. The Wireless communications provider reported $2.27 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.26. The company had revenue of $23.11 billion during the quarter, compared to the consensus estimate of $22.98 billion. T-Mobile US had a return on equity of 19.47% and a net margin of 11.65%.The firm’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.58 earnings per share. As a group, equities research analysts expect that T-Mobile US, Inc. will post 10.65 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 11th. Investors of record on Friday, May 29th will be issued a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, May 29th. T-Mobile US’s dividend payout ratio is currently 43.40%.

Insider Buying and Selling

In related news, insider Michael J. Katz sold 5,000 shares of the company’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $195.81, for a total value of $979,050.00. Following the completion of the sale, the insider owned 181,930 shares in the company, valued at approximately $35,623,713.30. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Andre Almeida acquired 5,097 shares of the company’s stock in a transaction that occurred on Friday, May 1st. The stock was bought at an average price of $196.18 per share, with a total value of $999,929.46. Following the acquisition, the insider directly owned 44,850 shares of the company’s stock, valued at $8,798,673. The trade was a 12.82% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Over the last ninety days, insiders have sold 13,090 shares of company stock worth $2,618,500. Company insiders own 0.37% of the company’s stock.

T-Mobile US Profile

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.