Sava Infond d.o.o. Acquires Shares of 1,170 T-Mobile US, Inc. (NASDAQ:TMUS)

Sava Infond d.o.o. purchased a new position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,170 shares of the Wireless communications provider's stock, valued at approximately $258,000.

A number of other hedge funds have also recently made changes to their positions in TMUS. Rakuten Securities Inc. boosted its holdings in shares of T-Mobile US by 93.9% in the 4th quarter. Rakuten Securities Inc. now owns 128 shares of the Wireless communications provider's stock valued at $28,000 after buying an additional 62 shares in the last quarter. Dunhill Financial LLC boosted its stake in T-Mobile US by 76.7% in the third quarter. Dunhill Financial LLC now owns 129 shares of the Wireless communications provider's stock valued at $27,000 after acquiring an additional 56 shares in the last quarter. CoreFirst Bank & Trust acquired a new position in shares of T-Mobile US during the fourth quarter worth $28,000. Financial Life Planners acquired a new position in shares of T-Mobile US during the fourth quarter worth $29,000. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of T-Mobile US during the 3rd quarter valued at $34,000. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.67% of the stock is currently owned by insiders.

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T-Mobile US Price Performance

Shares of T-Mobile US stock traded down $0.65 on Tuesday, hitting $266.07. The company's stock had a trading volume of 870,091 shares, compared to its average volume of 4,155,484. The company has a market capitalization of $303.78 billion, a price-to-earnings ratio of 27.52, a price-to-earnings-growth ratio of 1.55 and a beta of 0.64. T-Mobile US, Inc. has a 1 year low of $159.14 and a 1 year high of $276.49. The company has a debt-to-equity ratio of 1.28, a quick ratio of 0.83 and a current ratio of 0.91. The firm has a fifty day moving average price of $253.88 and a 200-day moving average price of $233.59.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last announced its earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. As a group, sell-side analysts anticipate that T-Mobile US, Inc. will post 10.37 earnings per share for the current fiscal year.

T-Mobile US Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be paid a $0.88 dividend. This represents a $3.52 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date is Friday, May 30th. T-Mobile US's dividend payout ratio is presently 36.40%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on TMUS. JPMorgan Chase & Co. upped their target price on T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a research report on Tuesday, March 18th. Scotiabank increased their price objective on shares of T-Mobile US from $247.00 to $275.00 and gave the company a "sector perform" rating in a research report on Monday, March 3rd. Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price target for the company. in a report on Wednesday, March 5th. Finally, Oppenheimer boosted their price objective on shares of T-Mobile US from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 31st. Eleven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $256.80.

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.