&Partners Acquires New Position in T-Mobile US, Inc. (NASDAQ:TMUS)

&Partners bought a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 1,815 shares of the Wireless communications provider’s stock, valued at approximately $296,000.

A number of other large investors also recently made changes to their positions in TMUS. Acadian Asset Management LLC grew its position in shares of T-Mobile US by 376.8% during the 3rd quarter. Acadian Asset Management LLC now owns 882 shares of the Wireless communications provider’s stock worth $122,000 after buying an additional 697 shares during the period. Dark Forest Capital Management LP acquired a new stake in T-Mobile US in the third quarter worth $560,000. LPL Financial LLC grew its holdings in shares of T-Mobile US by 16.7% in the 3rd quarter. LPL Financial LLC now owns 162,865 shares of the Wireless communications provider’s stock valued at $22,809,000 after buying an additional 23,334 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in shares of T-Mobile US by 3.7% in the 3rd quarter. Fuller & Thaler Asset Management Inc. now owns 2,797 shares of the Wireless communications provider’s stock valued at $392,000 after buying an additional 100 shares in the last quarter. Finally, Cary Street Partners Investment Advisory LLC raised its stake in T-Mobile US by 44.3% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 329 shares of the Wireless communications provider’s stock worth $46,000 after buying an additional 101 shares during the period. Institutional investors and hedge funds own 42.49% of the company’s stock.

T-Mobile US Price Performance

NASDAQ:TMUS opened at $176.73 on Monday. The stock has a market capitalization of $207.10 billion, a PE ratio of 24.04, a P/E/G ratio of 0.69 and a beta of 0.50. T-Mobile US, Inc. has a 1-year low of $131.47 and a 1-year high of $182.67. The firm has a fifty day simple moving average of $168.19 and a 200 day simple moving average of $163.87. The company has a current ratio of 0.94, a quick ratio of 0.86 and a debt-to-equity ratio of 1.25.

T-Mobile US (NASDAQ:TMUS) last released its quarterly earnings data on Thursday, April 25th. The Wireless communications provider reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.83 by $0.17. T-Mobile US had a net margin of 11.15% and a return on equity of 13.61%. The company had revenue of $19.59 billion for the quarter, compared to analyst estimates of $19.81 billion. During the same period in the previous year, the business earned $1.58 EPS. T-Mobile US’s revenue for the quarter was down .2% compared to the same quarter last year. On average, research analysts expect that T-Mobile US, Inc. will post 9.02 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 12th. Stockholders of record on Friday, August 30th will be paid a dividend of $0.65 per share. The ex-dividend date is Friday, August 30th. This represents a $2.60 annualized dividend and a dividend yield of 1.47%. T-Mobile US’s dividend payout ratio is currently 35.37%.

Analyst Ratings Changes

TMUS has been the subject of several recent analyst reports. Royal Bank of Canada increased their price target on T-Mobile US from $184.00 to $188.00 and gave the stock an “outperform” rating in a report on Friday, April 26th. StockNews.com upgraded shares of T-Mobile US from a “hold” rating to a “buy” rating in a report on Thursday, June 13th. Benchmark restated a “buy” rating and set a $200.00 price objective on shares of T-Mobile US in a report on Wednesday, May 29th. KeyCorp increased their target price on T-Mobile US from $175.00 to $185.00 and gave the stock an “overweight” rating in a report on Friday, April 26th. Finally, Bank of America boosted their price target on T-Mobile US from $175.00 to $195.00 and gave the company a “buy” rating in a report on Monday, June 10th. Fourteen equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $190.36.

Insider Buying and Selling

In other T-Mobile US news, CFO Peter Osvaldik sold 10,000 shares of T-Mobile US stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $180.98, for a total transaction of $1,809,800.00. Following the completion of the transaction, the chief financial officer now directly owns 81,307 shares of the company’s stock, valued at $14,714,940.86. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, Director Telekom Ag Deutsche sold 227,604 shares of the company’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $172.65, for a total value of $39,295,830.60. Following the transaction, the director now owns 673,251,489 shares of the company’s stock, valued at $116,236,869,575.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Peter Osvaldik sold 10,000 shares of T-Mobile US stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $180.98, for a total value of $1,809,800.00. Following the sale, the chief financial officer now directly owns 81,307 shares of the company’s stock, valued at $14,714,940.86. The disclosure for this sale can be found here. In the last three months, insiders have sold 6,434,996 shares of company stock valued at $1,069,616,724. 0.67% of the stock is owned by insiders.

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.