V Square Quantitative Management LLC Acquires 577 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

V Square Quantitative Management LLC lifted its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS) by 9.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,923 shares of the Wireless communications provider’s stock after acquiring an additional 577 shares during the quarter. V Square Quantitative Management LLC’s holdings in T-Mobile US were worth $1,528,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. DT Investment Partners LLC grew its position in shares of T-Mobile US by 65.3% during the 3rd quarter. DT Investment Partners LLC now owns 119 shares of the Wireless communications provider’s stock worth $25,000 after buying an additional 47 shares in the last quarter. Dunhill Financial LLC grew its position in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider’s stock worth $27,000 after buying an additional 56 shares in the last quarter. Financial Life Planners bought a new position in shares of T-Mobile US during the 4th quarter worth $29,000. MFA Wealth Advisors LLC grew its position in shares of T-Mobile US by 128.3% during the 3rd quarter. MFA Wealth Advisors LLC now owns 137 shares of the Wireless communications provider’s stock worth $28,000 after buying an additional 77 shares in the last quarter. Finally, Legacy Investment Solutions LLC bought a new position in shares of T-Mobile US during the 3rd quarter worth $34,000. Institutional investors own 42.49% of the company’s stock.

T-Mobile US Trading Up 3.8 %

T-Mobile US stock opened at $265.08 on Friday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 1.28. T-Mobile US, Inc. has a 52 week low of $158.84 and a 52 week high of $266.00. The company has a market capitalization of $302.65 billion, a price-to-earnings ratio of 27.41, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The stock has a 50-day moving average price of $226.70 and a 200 day moving average price of $217.39.

T-Mobile US (NASDAQ:TMUS) last released its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be issued a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Friday, May 30th. T-Mobile US’s payout ratio is presently 36.40%.

Insider Buying and Selling at T-Mobile US

In other news, Director Letitia A. Long sold 1,100 shares of the business’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $231.08, for a total value of $254,188.00. Following the completion of the sale, the director now directly owns 5,653 shares in the company, valued at $1,306,295.24. The trade was a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Srikant M. Datar sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $247.19, for a total value of $247,190.00. Following the completion of the sale, the director now owns 5,021 shares of the company’s stock, valued at $1,241,140.99. This trade represents a 16.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 3,100 shares of company stock valued at $747,378. 0.67% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on TMUS shares. Evercore ISI raised T-Mobile US to a “strong-buy” rating in a research report on Thursday, January 23rd. Oppenheimer raised their price objective on T-Mobile US from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 31st. Bank of America raised their price objective on T-Mobile US from $240.00 to $255.00 and gave the company a “buy” rating in a research report on Thursday, January 30th. Raymond James downgraded T-Mobile US from an “outperform” rating to a “market perform” rating in a research report on Friday, October 25th. Finally, Sanford C. Bernstein started coverage on T-Mobile US in a research report on Tuesday, December 10th. They set a “market perform” rating and a $265.00 price objective on the stock. Seven analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, T-Mobile US has an average rating of “Moderate Buy” and a consensus target price of $251.79.

About T-Mobile US

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.