New Age Alpha Advisors LLC Acquires 57,639 Shares of T-Mobile US, Inc. (NASDAQ:TMUS)

New Age Alpha Advisors LLC boosted its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 51,463.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 57,751 shares of the Wireless communications provider's stock after acquiring an additional 57,639 shares during the period. New Age Alpha Advisors LLC's holdings in T-Mobile US were worth $12,747,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Dunhill Financial LLC grew its holdings in shares of T-Mobile US by 76.7% during the 3rd quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after purchasing an additional 56 shares during the last quarter. Rakuten Securities Inc. grew its position in 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 purchased a new position in T-Mobile US in the 4th quarter worth approximately $28,000. Financial Life Planners bought a new position in shares of T-Mobile US in the fourth quarter worth approximately $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in T-Mobile US during the 3rd quarter valued at $34,000. 42.49% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

TMUS has been the subject of several research reports. UBS Group lowered shares of T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Barclays upped their target price on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Bank of America upped their price target on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research note on Thursday, January 30th. Tigress Financial reissued a "buy" rating on shares of T-Mobile US in a report on Wednesday, February 26th. Finally, KeyCorp downgraded T-Mobile US from an "overweight" rating to a "sector weight" rating and set a $252.00 price target for the company. in a report on Thursday, December 12th. Eleven equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $256.80.

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Insider Activity at T-Mobile US

In related news, Director Srikant M. Datar sold 730 shares of the business's 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 completion of the transaction, the director now directly owns 3,291 shares in the company, valued at approximately $865,533. The trade was a 18.15 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.67% of the stock is owned by company insiders.

T-Mobile US Stock Performance

NASDAQ:TMUS traded down $1.51 on Tuesday, hitting $265.20. The stock had a trading volume of 1,067,804 shares, compared to its average volume of 4,156,154. The business's 50-day simple moving average is $253.88 and its two-hundred day simple moving average is $233.59. The stock has a market cap of $302.79 billion, a price-to-earnings ratio of 27.43, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 52-week low of $159.14 and a 52-week high of $276.49. 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. As a group, research analysts predict that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The business 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 $0.88 dividend. The ex-dividend date of this dividend is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.33%. T-Mobile US's dividend payout ratio is currently 36.40%.

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.