Systematic Alpha Investments LLC Grows Stock Position in T-Mobile US, Inc. (NASDAQ:TMUS)

Systematic Alpha Investments LLC raised its position in shares of T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 5.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 76,760 shares of the Wireless communications provider's stock after acquiring an additional 3,740 shares during the quarter. Systematic Alpha Investments LLC's holdings in T-Mobile US were worth $16,943,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Barclays PLC boosted its position in shares of T-Mobile US by 38.3% during the 3rd quarter. Barclays PLC now owns 3,165,153 shares of the Wireless communications provider's stock worth $653,160,000 after purchasing an additional 876,182 shares in the last quarter. Gladstone Institutional Advisory LLC acquired a new position in shares of T-Mobile US during the fourth quarter worth approximately $1,552,000. Trust Co. of Vermont lifted its holdings in shares of T-Mobile US by 11.9% in the 4th quarter. Trust Co. of Vermont now owns 26,972 shares of the Wireless communications provider's stock worth $5,954,000 after purchasing an additional 2,865 shares in the last quarter. Rice Partnership LLC acquired a new stake in T-Mobile US in the 4th quarter valued at $7,678,000. Finally, Exchange Traded Concepts LLC increased its stake in T-Mobile US by 737.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 56,521 shares of the Wireless communications provider's stock valued at $12,476,000 after purchasing an additional 49,775 shares in the last quarter. 42.49% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at T-Mobile US

In other news, Director Srikant M. Datar sold 730 shares of the firm's stock in a transaction 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 in the company, valued at approximately $865,533. This trade represents a 18.15 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.67% of the stock is currently owned by insiders.

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T-Mobile US Price Performance

Shares of TMUS stock traded down $1.32 during trading hours on Wednesday, reaching $244.98. The stock had a trading volume of 2,359,208 shares, compared to its average volume of 4,211,530. The stock's fifty day simple moving average is $258.64 and its 200 day simple moving average is $236.02. 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 firm has a market capitalization of $279.70 billion, a PE ratio of 25.27, a PEG ratio of 1.55 and a beta of 0.63. T-Mobile US, Inc. has a 12 month low of $159.14 and a 12 month 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, topping the consensus estimate of $2.15 by $0.42. T-Mobile US had a net margin of 13.93% and a return on equity of 18.09%. On average, equities research analysts predict that T-Mobile US, Inc. will post 10.37 EPS for the current year.

T-Mobile US Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Sunday, June 22nd. Investors of record on Friday, May 30th will be given a $0.88 dividend. This represents a $3.52 annualized dividend and a dividend yield of 1.44%. The ex-dividend date of this dividend is Friday, May 30th. T-Mobile US's dividend payout ratio (DPR) is 36.40%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on TMUS shares. Citigroup cut shares of T-Mobile US from a "buy" rating to a "neutral" rating and set a $268.00 price objective for the company. in a report on Friday, March 14th. UBS Group lowered T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Barclays upped their price target on T-Mobile US from $230.00 to $250.00 and gave the stock an "overweight" rating in a report on Monday, February 3rd. JPMorgan Chase & Co. increased their target price on shares of T-Mobile US from $265.00 to $270.00 and gave the company an "overweight" rating in a report on Tuesday, March 18th. Finally, Oppenheimer boosted their price target on shares of T-Mobile US from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 31st. Eleven 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 company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $256.80.

About T-Mobile US

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.