Marathon Trading Investment Management LLC Buys 1,000 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

Marathon Trading Investment Management LLC lifted its holdings in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 55.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,805 shares of the Wireless communications provider's stock after acquiring an additional 1,000 shares during the quarter. Marathon Trading Investment Management LLC's holdings in T-Mobile US were worth $619,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TMUS. Principal Financial Group Inc. grew its holdings in shares of T-Mobile US by 2.5% in the third quarter. Principal Financial Group Inc. now owns 1,978,567 shares of the Wireless communications provider's stock worth $408,297,000 after purchasing an additional 47,350 shares during the last quarter. Fiera Capital Corp bought a new position in T-Mobile US in the third quarter worth approximately $483,000. CWA Asset Management Group LLC bought a new stake in T-Mobile US during the 3rd quarter valued at approximately $388,000. Verdence Capital Advisors LLC lifted its position in shares of T-Mobile US by 6.0% in the third quarter. Verdence Capital Advisors LLC now owns 5,471 shares of the Wireless communications provider's stock worth $1,129,000 after buying an additional 308 shares in the last quarter. Finally, Assetmark Inc. lifted its position in T-Mobile US by 4.4% in the third quarter. Assetmark Inc. now owns 40,829 shares of the Wireless communications provider's stock worth $8,426,000 after buying an additional 1,721 shares during the last quarter. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several analysts have commented on TMUS shares. Benchmark reissued a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. 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. Tigress Financial reaffirmed a "buy" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, KeyCorp lowered T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target on the stock. in a research report on Thursday, December 12th. Nine analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $254.10.

T-Mobile US Stock Performance

Shares of NASDAQ TMUS traded down $0.26 during trading hours on Wednesday, hitting $256.42. 2,218,659 shares of the stock were exchanged, compared to its average volume of 3,993,447. The company's 50 day moving average is $241.44 and its 200 day moving average is $227.54. T-Mobile US, Inc. has a one year low of $158.84 and a one year high of $276.49. The firm has a market capitalization of $292.76 billion, a P/E ratio of 26.49, a P/E/G ratio of 1.55 and a beta of 0.64. The company has a debt-to-equity ratio of 1.28, a current ratio of 0.91 and a quick ratio of 0.83.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 EPS for the quarter, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. On average, research analysts expect that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 1.37%. The ex-dividend date is Friday, May 30th. T-Mobile US's payout ratio is 36.40%.

Insider Buying and Selling

In related news, Director Letitia A. Long sold 1,100 shares of the company's stock in a transaction dated Friday, December 13th. The shares were sold at an average price of $231.08, for a total value of $254,188.00. Following the transaction, the director now directly owns 5,653 shares in the company, valued at approximately $1,306,295.24. This represents a 16.29 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The stock was sold at an average price of $263.00, for a total transaction of $191,990.00. Following the sale, the director now owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their position. The disclosure for this sale can be found here. 0.67% of the stock is owned by corporate insiders.

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.