Oxford Asset Management LLP Buys Shares of 7,297 T-Mobile US, Inc. (NASDAQ:TMUS)

Oxford Asset Management LLP acquired a new stake in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 7,297 shares of the Wireless communications provider's stock, valued at approximately $1,611,000. T-Mobile US accounts for 0.8% of Oxford Asset Management LLP's portfolio, making the stock its 12th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of TMUS. Norges Bank acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $1,802,393,000. Canada Pension Plan Investment Board lifted its stake in T-Mobile US by 85.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 6,025,096 shares of the Wireless communications provider's stock valued at $1,329,919,000 after acquiring an additional 2,777,657 shares during the period. Raymond James Financial Inc. acquired a new stake in T-Mobile US during the 4th quarter valued at approximately $452,721,000. Capital International Investors lifted its stake in shares of T-Mobile US by 36.2% in the 4th quarter. Capital International Investors now owns 6,525,744 shares of the Wireless communications provider's stock valued at $1,440,424,000 after purchasing an additional 1,734,998 shares during the period. Finally, Barclays PLC lifted its stake in shares of 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 purchasing an additional 876,182 shares during the period. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on TMUS. Benchmark reiterated a "buy" rating and issued a $275.00 target price on shares of T-Mobile US in a research note on Thursday, March 27th. Wells Fargo & Company reiterated an "equal weight" rating on shares of T-Mobile US in a research note on Wednesday, February 26th. Barclays boosted their target price on shares of T-Mobile US from $230.00 to $250.00 and gave the company an "overweight" rating in a research note on Monday, February 3rd. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 target price for the company. in a research note on Friday, March 14th. Finally, Oppenheimer boosted their target price on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 31st. Eleven equities 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 stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $256.80.

T-Mobile US Trading Up 1.7 %

T-Mobile US stock traded up $4.00 during midday trading on Monday, hitting $236.77. 5,824,816 shares of the stock were exchanged, compared to its average volume of 4,258,072. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 1.28. The stock has a market capitalization of $269.13 billion, a price-to-earnings ratio of 24.49, a PEG ratio of 1.55 and a beta of 0.63. The stock's 50-day simple moving average is $259.82 and its 200 day simple moving average is $241.14. T-Mobile US, Inc. has a fifty-two week low of $161.61 and a fifty-two week high of $276.49.

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 firm 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 business's revenue for the quarter was up 6.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.00 EPS. On average, equities 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 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 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 presently 34.34%.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US 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 sale, the director now 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 transaction was disclosed in a filing with the Securities & Exchange Commission, 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.