Stenger Family Office LLC Takes $336,000 Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Stenger Family Office LLC purchased a new stake in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,521 shares of the Wireless communications provider's stock, valued at approximately $336,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TMUS. Signaturefd LLC boosted its stake in shares of T-Mobile US by 0.4% during the 4th quarter. Signaturefd LLC now owns 11,324 shares of the Wireless communications provider's stock valued at $2,499,000 after buying an additional 41 shares during the period. JSF Financial LLC grew its holdings in T-Mobile US by 0.9% during the fourth quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after purchasing an additional 44 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of T-Mobile US by 3.7% in the fourth quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock valued at $290,000 after purchasing an additional 47 shares during the period. Warren Street Wealth Advisors LLC lifted its stake in shares of T-Mobile US by 4.3% in the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock worth $252,000 after buying an additional 47 shares during the last quarter. Finally, Relyea Zuckerberg Hanson LLC boosted its holdings in shares of T-Mobile US by 3.9% during the 4th quarter. Relyea Zuckerberg Hanson LLC now owns 1,286 shares of the Wireless communications provider's stock worth $284,000 after buying an additional 48 shares during the period. 42.49% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Srikant M. Datar sold 730 shares of T-Mobile US 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 completion of the sale, the director now directly owns 3,291 shares of the company's stock, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.67% of the stock is owned by insiders.

T-Mobile US Price Performance

NASDAQ:TMUS traded up $2.40 on Friday, reaching $262.04. The stock had a trading volume of 3,488,338 shares, compared to its average volume of 4,234,419. The company has a market capitalization of $299.18 billion, a P/E ratio of 27.10, a price-to-earnings-growth ratio of 1.55 and a beta of 0.63. The stock has a fifty day moving average price of $261.54 and a 200-day moving average price of $239.03. 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, Inc. has a 1-year low of $160.62 and a 1-year high of $276.49.

T-Mobile US (NASDAQ:TMUS - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The Wireless communications provider reported $2.57 earnings per share 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%. Research analysts forecast that T-Mobile US, Inc. will post 10.37 EPS 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. Shareholders 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 dividend yield of 1.34%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio is presently 36.40%.

Analyst Ratings Changes

Several brokerages recently commented on TMUS. HSBC downgraded shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 target price on the stock. in a report on Wednesday, March 5th. Bank of America boosted their price objective on T-Mobile US from $240.00 to $255.00 and gave the stock a "buy" rating in a research report on Thursday, January 30th. Royal Bank of Canada raised their target price on T-Mobile US from $245.00 to $260.00 and gave the company a "sector perform" rating in a report on Friday, March 21st. Barclays boosted their price objective on shares of T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. Finally, Wells Fargo & Company reissued an "equal weight" rating on shares of T-Mobile US in a research report on Wednesday, February 26th. Eleven investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $256.80.

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.