T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Aquatic Capital Management LLC

Aquatic Capital Management LLC raised its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 41.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 95,191 shares of the Wireless communications provider's stock after purchasing an additional 27,791 shares during the quarter. Aquatic Capital Management LLC's holdings in T-Mobile US were worth $21,012,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TMUS. Rakuten Securities Inc. boosted its stake in T-Mobile US by 93.9% during the fourth quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock worth $28,000 after buying an additional 62 shares during the period. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US during the 4th quarter worth approximately $28,000. Financial Life Planners acquired a new stake in T-Mobile US in the 4th quarter valued at approximately $29,000. Bruce G. Allen Investments LLC raised its position in T-Mobile US by 79.3% in the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock valued at $36,000 after purchasing an additional 73 shares during the period. Finally, Albion Financial Group UT purchased a new stake in T-Mobile US in the fourth quarter valued at approximately $39,000. Hedge funds and other institutional investors own 42.49% of the company's stock.

Insider Activity at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the completion of the sale, the director now owns 3,291 shares in the company, valued at approximately $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.67% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on TMUS shares. Scotiabank raised T-Mobile US from a "sector perform" rating to a "sector outperform" rating and lifted their price objective for the company from $275.00 to $277.50 in a research note on Wednesday. Tigress Financial boosted 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. JPMorgan Chase & Co. raised their price objective on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research note on Tuesday, March 18th. Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Finally, Barclays increased their price objective on T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Ten research analysts have rated the stock with a hold rating, twelve have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.68.

T-Mobile US Stock Performance

TMUS traded up $5.36 on Wednesday, reaching $246.95. The company had a trading volume of 4,436,492 shares, compared to its average volume of 4,317,814. 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 1 year low of $161.61 and a 1 year high of $276.49. The stock has a market capitalization of $280.70 billion, a PE ratio of 25.54, a P/E/G ratio of 1.55 and a beta of 0.63. The stock has a 50-day moving average price of $259.35 and a 200-day moving average price of $241.14.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last posted its earnings results on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, beating the consensus estimate of $2.48 by $0.10. The business had revenue of $20.89 billion during the quarter, compared to the consensus estimate of $20.67 billion. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The business's quarterly revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the business earned $2.00 EPS. As a group, research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current fiscal year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be issued a $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.43%. T-Mobile US's payout ratio is 34.34%.

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.