Aquatic Capital Management LLC Raises Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Aquatic Capital Management LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 41.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 95,191 shares of the Wireless communications provider's stock after acquiring an additional 27,791 shares during the period. Aquatic Capital Management LLC's holdings in T-Mobile US were worth $21,012,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TMUS. Rakuten Securities Inc. grew its position in shares of 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 acquiring an additional 62 shares during the last quarter. CoreFirst Bank & Trust purchased a new position in shares of T-Mobile US during the fourth quarter worth approximately $28,000. Financial Life Planners purchased a new position in shares of T-Mobile US during the fourth quarter worth approximately $29,000. Bruce G. Allen Investments LLC grew its position in shares of T-Mobile US by 79.3% during the fourth quarter. Bruce G. Allen Investments LLC now owns 165 shares of the Wireless communications provider's stock worth $36,000 after acquiring an additional 73 shares during the last quarter. Finally, Albion Financial Group UT acquired a new stake in shares of T-Mobile US during the fourth quarter worth $39,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total transaction of $191,990.00. Following the transaction, the director now owns 3,291 shares of the company's stock, valued at $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.67% of the company's stock.

T-Mobile US Price Performance

Shares of TMUS stock traded up $4.00 during trading hours on Monday, hitting $236.77. The company's stock had a trading volume of 5,824,816 shares, compared to its average volume of 4,258,072. The business has a fifty day moving average of $259.82 and a 200-day moving average of $241.14. The stock has a market cap of $269.13 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a twelve month low of $161.61 and a twelve month high of $276.49. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28.

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

T-Mobile US Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a dividend yield of 1.49%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's payout ratio is 34.34%.

Analyst Upgrades and Downgrades

TMUS has been the subject of several recent research reports. Barclays increased their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Oppenheimer increased their price target on T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Bank of America increased their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a report on Thursday, January 30th. Citigroup downgraded T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price target for the company. in a report on Friday, March 14th. Finally, Royal Bank of Canada increased their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. Eleven analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $256.80.

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.