Generali Asset Management SPA SGR Acquires New Holdings in T-Mobile US, Inc. (NASDAQ:TMUS)

Generali Asset Management SPA SGR acquired a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 15,642 shares of the Wireless communications provider's stock, valued at approximately $3,453,000.

Several other large investors have also modified their holdings of TMUS. Barclays PLC increased its stake in T-Mobile US by 38.3% in the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock valued at $653,160,000 after buying an additional 876,182 shares during the period. Gladstone Institutional Advisory LLC purchased a new stake in T-Mobile US in the 4th quarter valued at approximately $1,552,000. Trust Co. of Vermont raised its stake in shares of T-Mobile US by 11.9% during the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock worth $5,954,000 after buying an additional 2,865 shares in the last quarter. Swedbank AB lifted its holdings in shares of T-Mobile US by 5.1% in the 3rd quarter. Swedbank AB now owns 255,044 shares of the Wireless communications provider's stock valued at $52,631,000 after buying an additional 12,411 shares during the period. Finally, Rice Partnership LLC purchased a new stake in shares of T-Mobile US in the fourth quarter valued at approximately $7,678,000. 42.49% of the stock is owned by institutional investors and hedge funds.

T-Mobile US Stock Down 0.5 %

NASDAQ:TMUS traded down $1.19 during trading hours on Friday, hitting $255.84. The stock had a trading volume of 9,207,016 shares, compared to its average volume of 3,983,104. 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, Inc. has a 1-year low of $159.14 and a 1-year high of $276.49. The business has a 50 day simple moving average of $248.19 and a two-hundred day simple moving average of $230.56. The company has a market cap of $292.10 billion, a PE ratio of 26.46, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64.

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T-Mobile US (NASDAQ:TMUS - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. Analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The business also recently declared 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. This represents a $3.52 dividend on an annualized basis and a dividend yield of 1.38%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is currently 36.40%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TMUS shares. KeyCorp cut T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price objective for the company. in a report on Thursday, December 12th. Hsbc Global Res lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, March 5th. Sanford C. Bernstein started coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 price objective on the stock. Royal Bank of Canada increased their price objective on shares of T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a research note on Friday. Finally, Benchmark reissued a "buy" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Ten analysts have rated the stock with a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $255.80.

Insider Transactions at T-Mobile US

In other T-Mobile US news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total value of $191,990.00. Following the sale, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.67% of the company's stock.

T-Mobile US Company 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.