T-Mobile US, Inc. (NASDAQ:TMUS) Shares Acquired by Symmetry Investments LP

Symmetry Investments LP raised its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 41.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,481 shares of the Wireless communications provider's stock after acquiring an additional 5,388 shares during the quarter. Symmetry Investments LP's holdings in T-Mobile US were worth $4,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several research firms have weighed in on TMUS. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Oppenheimer upped their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a research note on Friday, January 31st. Scotiabank increased their price objective on T-Mobile US from $247.00 to $275.00 and gave the stock a "sector perform" rating in a report on Monday, March 3rd. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a report on Friday, March 14th. Finally, UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 21st. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Stock Up 1.0 %

NASDAQ TMUS traded up $2.33 on Monday, reaching $235.10. 2,980,782 shares of the stock traded hands, compared to its average volume of 4,247,110. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The company has a fifty day moving average price of $260.36 and a 200-day moving average price of $240.97. The company has a market cap of $267.23 billion, a price-to-earnings ratio of 24.27, a PEG ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 12 month low of $161.61 and a 12 month high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The Wireless communications provider reported $2.58 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.10. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. The firm had revenue of $20.89 billion during the quarter, compared to analysts' expectations of $20.67 billion. During the same period in the prior year, the business posted $2.00 EPS. The firm's quarterly revenue was up 6.6% on a year-over-year basis. 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 company also recently disclosed 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio is presently 34.34%.

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.