6,118 Shares in T-Mobile US, Inc. (NASDAQ:TMUS) Bought by AXQ Capital LP

AXQ Capital LP bought a new position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 6,118 shares of the Wireless communications provider's stock, valued at approximately $1,350,000. T-Mobile US comprises 0.6% of AXQ Capital LP's holdings, making the stock its 26th largest holding.

A number of other large investors also recently bought and sold shares of the company. Principal Financial Group Inc. increased its stake in T-Mobile US by 2.5% during the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock valued at $408,297,000 after purchasing an additional 47,350 shares during the last quarter. Quest Partners LLC bought a new stake in shares of T-Mobile US during the 3rd quarter valued at about $643,000. Prospera Financial Services Inc raised its stake in T-Mobile US by 40.4% during the third quarter. Prospera Financial Services Inc now owns 6,849 shares of the Wireless communications provider's stock worth $1,414,000 after acquiring an additional 1,972 shares during the period. Prospera Private Wealth LLC acquired a new position in T-Mobile US in the third quarter valued at approximately $119,000. Finally, First Horizon Advisors Inc. boosted its stake in T-Mobile US by 8.9% in the third quarter. First Horizon Advisors Inc. now owns 1,219 shares of the Wireless communications provider's stock valued at $252,000 after acquiring an additional 100 shares during the period. Institutional investors own 42.49% of the company's stock.

Insider Buying and Selling

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the business's 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 sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.67% of the stock is currently owned by corporate insiders.

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Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Citigroup cut T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price on the stock. in a research note on Friday, March 14th. Royal Bank of Canada raised their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday. Bank of America increased 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. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 5th. Finally, Morgan Stanley started coverage on T-Mobile US in a research report on Monday, December 16th. They issued an "overweight" rating and a $280.00 price target for the company. Eleven research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, T-Mobile US presently has an average rating of "Moderate Buy" and an average target price of $255.80.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $0.11 on Tuesday, reaching $259.07. The stock had a trading volume of 1,036,936 shares, compared to its average volume of 3,978,143. The company has a market capitalization of $295.79 billion, a P/E ratio of 26.78, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 1-year low of $159.14 and a 1-year high of $276.49. The stock has a fifty day moving average price of $249.10 and a 200-day moving average price of $231.22. 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 (NASDAQ:TMUS - Get Free Report) last posted its quarterly earnings data 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%. Research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Stockholders of record on Friday, May 30th will be given a dividend of $0.88 per share. 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 1.36%. T-Mobile US's payout ratio is 36.40%.

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.