StoneX Group Inc. Has $4.09 Million Position in T-Mobile US, Inc. (NASDAQ:TMUS)

StoneX Group Inc. grew its position in T-Mobile US, Inc. (NASDAQ:TMUS - Free Report) by 10.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 18,533 shares of the Wireless communications provider's stock after purchasing an additional 1,690 shares during the period. StoneX Group Inc.'s holdings in T-Mobile US were worth $4,091,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. 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 worth $2,499,000 after acquiring an additional 41 shares in the last quarter. JSF Financial LLC grew its stake in T-Mobile US by 0.9% in the 4th quarter. JSF Financial LLC now owns 5,062 shares of the Wireless communications provider's stock valued at $1,117,000 after buying an additional 44 shares during the last quarter. D Orazio & Associates Inc. raised its holdings in T-Mobile US by 3.7% in the 4th quarter. D Orazio & Associates Inc. now owns 1,316 shares of the Wireless communications provider's stock worth $290,000 after acquiring an additional 47 shares during the period. Warren Street Wealth Advisors LLC boosted its holdings in T-Mobile US by 4.3% during the fourth quarter. Warren Street Wealth Advisors LLC now owns 1,141 shares of the Wireless communications provider's stock valued at $252,000 after acquiring an additional 47 shares during the period. Finally, Relyea Zuckerberg Hanson LLC lifted its position 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 purchasing an additional 48 shares during the last quarter. Institutional investors own 42.49% of the company's stock.

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T-Mobile US Price Performance

Shares of NASDAQ TMUS traded up $3.33 during trading on Thursday, reaching $267.89. The company had a trading volume of 5,650,736 shares, compared to its average volume of 4,168,613. T-Mobile US, Inc. has a 52 week low of $159.14 and a 52 week 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 business's 50 day moving average price is $255.79 and its 200-day moving average price is $234.26. The stock has a market cap of $305.86 billion, a PE ratio of 27.70, a PEG ratio of 1.55 and a beta of 0.63.

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 the consensus estimate of $2.15 by $0.42. T-Mobile US had a return on equity of 18.09% and a net margin of 13.93%. Analysts expect that T-Mobile US, Inc. will post 10.37 earnings per share for the current year.

T-Mobile US Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, June 22nd. Shareholders of record on Friday, May 30th will be given a dividend of $0.88 per share. The ex-dividend date is Friday, May 30th. This represents a $3.52 dividend on an annualized basis and a yield of 1.31%. T-Mobile US's payout ratio is presently 36.40%.

Analysts Set New Price Targets

A number of brokerages have recently commented on TMUS. Royal Bank of Canada upped their price target on T-Mobile US from $245.00 to $260.00 and gave the stock a "sector perform" rating in a report on Friday, March 21st. Sanford C. Bernstein initiated coverage on shares of T-Mobile US in a research note on Tuesday, December 10th. They issued a "market perform" rating and a $265.00 target price for the company. UBS Group cut T-Mobile US from a "strong-buy" rating to a "hold" rating in a report on Friday, March 21st. Benchmark reiterated a "buy" rating and set a $275.00 price target on shares of T-Mobile US in a research note on Thursday, March 27th. Finally, HSBC cut shares of T-Mobile US from a "buy" rating to a "hold" rating and set a $270.00 price objective for the company. in a research note on Wednesday, March 5th. 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 company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $256.80.

Insider Activity

In related news, Director Srikant M. Datar sold 730 shares of the stock in a transaction that occurred on Wednesday, March 5th. The shares were sold at an average price of $263.00, for a total value of $191,990.00. Following the transaction, the director now directly owns 3,291 shares in the company, valued at $865,533. This represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 0.67% of the company's stock.

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.